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Bad market for new grads is overdetermined. AI, interest rates, etc.

But a contributing fact is flooding the tech market with H-1B visas spikes labor supply, kills workers' leverage and lets companies cheap out on salaries instead of bidding them up.

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Yeah but those new grads are too uppity. We tried throwing money at them, but they're more interested in productivity destroying quality of life improvements.

The imported worker, on the other hand, is a more efficient and compliant machine. Maybe if we make those youths as poor as the workers we import, they'll eventually learn some gratitude.

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