Many millions of Indian graduates should be allowed to take white collar jobs from U.S. college graduates, says a coalition of top U.S. business leaders.
The U.S. India Strategic Partnership Forum is a spin-off of the U.S. Chamber of Commerce. It is run by the current and former CEOs and presidents of Cisco, Boeing, Deloitte, Adobe, Caterpillar, Dell, FedEx, Medtronic, Marriott, PepsiCo, and other companies. The forum’s 20-page pitch says:
The US-India Strategic Partnership Forum (USISPF) is committed to creating the most powerful strategic partnership between the U.S. and India. Promoting bilateral trade is an important part of our work, but our mission reaches far beyond this. It is about business and government coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens
Amid the corporate blurb, the group admits it wants to allow the free movement of Indian graduates from low-wage India into the high-wage U.S. economy, saying “USISPF’s Workforce Mobility Committee will … continue to make the case for the free flow of skilled labor in both countries.”
“That’s just a fancy way of saying unlimited immigration … [and] is a recipe for a political explosion,” said Mark Krikorian, director of the Center for Immigration Studies. He continued:
U.S. computer careers would become completely foreignized … [and] the middle class could well experience the kind of displacement that much of the [Midwest industrial] working class has felt, potentially with similar consequences, like opioid epidemics.
The group is led by former Cisco CEO John Chambers, and it met with India’s Prime Minister Narendra Modi on October 21.
Had a great interaction with the US India Strategic Partnership Forum. Talked about India’s strides in the world of start-ups, reforms initiated by our Government, steps taken to boost ‘Ease of Living’ and innovation among our citizens. https://t.co/mDfVARCuN6
— Narendra Modi (@narendramodi) October 21, 2019
Chambers’ group is aided by several Washington operatives, including former ambassadors Tim Roemer, Richard Verma, Frank Wisner, and Susan Esserman Partner, former Pentagon chief William Cohen, as well as Henry Kissinger and Condoleezza Rice.
The 2nd Annual India Leadership Summit by @USISPForum was full of invigorating discussions on how the US & India can be true #Partners4Growth. Thanks to @CondoleezzaRice, Dr. Henry Kissinger, @DrSJaishankar & @ericschmidt for championing the future of #USIndia relations! pic.twitter.com/5REpVVHG4K
— John T. Chambers (@JohnTChambers) October 22, 2019
Chamber’s group promises to lobby U.S. and Indian legislators, saying:
USISPF aims to further [the] interests of both nations by engaging with Democrats and Republicans in the House and Senate along with the Parliamentarians in India. USISPF believes that our shared democratic values lie at the heart of the growing U.S.-India Strategic Partnership, and will lead through dynamic exchanges on the legislative side.
The group’s desire for Indian college graduate workers is presented as the fix to a claimed shortage of skilled graduates in the United States — despite plentiful evidence that American graduates are being sidelined and fired so that Indian graduates can take more U.S. jobs. The forum’s pitch says:
Trade is a two-way street. U.S. companies are major job creators in India. Likewise, it is important to recognize the contribution Indian companies make here in America. They have made significant moves to hire Americans announcing tens of thousands of new jobs in recent months. In addition to creating well-paid American jobs, Indian companies are addressing the STEM skills gap, and driving innovation across the US economy. These companies are truly deepening the U.S.-India relationship in part by leveraging high skilled visa programs that are widely recognized as benefiting the US economy. Visa holders bring skills that are not easily available, pay taxes, and help drive the US innovation economy. USISPF’s Workforce Mobility Committee will continue to champion the contributions these companies are making to communities across the US, and will continue to make the case for the free flow of skilled labor in both countries.
The group also says U.S. companies can work with Indian companies to cut U.S. healthcare costs — likely via the increased use of cheaper Indian nurses, therapists, managers, and doctors:
The landscape for this sector is shifting dynamically in both nations, with the governments focusing on improving accessibility and quality of care, while lowering costs. Without compromising on innovation, there is a need to explore new partnerships and business models.
Cheap Indian labor would be a massive windfall for U.S. investors. If U.S. healthcare companies could provide just 500,000 Indians for the U.S. healthcare sector, wages would decline, and investors would see a spike in stock prices.
Chamber’s team received a warm welcome from Modi, partly because the government wants to grow the nation’s economy by exporting graduates into the U.S.-India Outsourcing Economy. In February 2019, the Forsyth County News reported:
Ani Agnihotri, program chair of the USA-India Business Summit … said India has a massive and young population that could provide skilled, English-speaking workers ready to relocate “even at a seven-day notice” and said the majority of doctors in the United Kingdom and about 15 percent in America are of Indian descent.
“India has the youngest population in the world. About 25 percent of the population of India, which is 1.25 billion, is below the age of 25,” he said. “We will be the provider of the workforce of the world in about 15 years, after 2035.”
That outsourcing strategy is welcomed by U.S. investors who are now worried about a loss of Chinese imports and exports. The Indian strategy allows them to cut their U.S. payroll costs — and also helps Indians buy U.S. food, energy, services, and products from the growing network of Amazon, Walmart, and Apple stores in India.
India’s population of 20-something men is roughly 127 million. The population of 20-something women is roughly 113 million, for a total 20-something population of 240 million. That supply of labor is 11 times the United States’ 20-something population of 22 million.
Roughly 170 million Indians are enrolled in undergraduate or post-grad university courses, where the quality is extremely uneven, cheating is conventional, and nepotism is normal. But the output of more than 20 million graduates each year Chambers the prospect of importing at least 5 million graduates per year into the U.S. market.
In contrast, U.S. universities now supply U.S. businesses with just roughly 800,000 American graduates with skilled degrees in healthcare, business, engineering, software, science, math, and architecture.
However, the U.S. supply of labor has already been boosted by U.S. visa-worker programs, which keep a population of roughly 1.5 million foreign graduates — including around 800,000 Indians — in U.S. jobs.
In September, the growing Indian population in the United States held a rally for Modi in Texas, where many U.S. politicians applauded him.