Sunday, September 21, 2025

#Economy & #Stocks Review - We Pity The Fools That Listens To The Media About H-1B Visas

E&S Review
Much of today's economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.

Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.

Subscriber Comments

We Pity The Fools That Listens To The Media About H-1B Visas

The Trump administration's September 19 proclamation imposes a $100,000 fee on new H-1B visa holders entering the U.S., prompting legal challenges and concern among employers. The fee applies only to petitions filed after September 21, 2025, and affects individuals outside the U.S. unless they qualify for a yet-undefined “national interest” waiver. Clarifications from government agencies state that existing H-1B visa holders or those with pending or approved petitions before the cutoff are not impacted. However, ambiguity remains for change-of-status cases within the U.S., and legal experts advise caution. If upheld, the policy could drive companies to offshore more jobs, contrary to the proclamation’s goals.



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