Thoughts on Immigration:

Just to preface this I'm center-left in terms of political alignment. I believe in a nation does need to have sovereignty and secure its borders for it to exist and it's in the best for its welfare, and that they should bring in individuals that have values that are commensurate to the home nations, and that immigration shouldn't be a vector to replace the domestic population culturally or a tool to benefit corporations for cheap labor.
 

However, I do think that bringing motivated and talented individuals at a digestable cadence makes sense and can be mutually beneficial. A lot of people here attend reputable universities how many students are sons and daughters of first/second generation immigrants from Europe, South America, Africa, Asia..etc that contribute immensely to the humanities, engineering and the sciences. Just look at this video as examples of women who the daughter of Sri Lanka nationals who immigrated to the US, and is a co-founder of a startup based out of New York


https://twitter.com/capitalxyz/status/15780540986…


Thoughts?

 
danyaeche456

Do you want to add nuance?! What do you even define as "open borders"?

Open borders is just letting everyone walk across. The Mexican border should have a wall and manpower blocking unauthorized people from coming across.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

danyaeche456

 that they should bring in individuals that have values that are commensurate to the home nations, and that immigration shouldn't be a vector to replace the domestic population culturally

I don't think this is an issue if you have good public schools that teach the values of the country as well as the culture. Within one generation, everyone gets Americanized as has been the case with almost all immigration waves.

What I find problematic now is not immigrants. It's that our OWN schools literally teach kids to hate their country and that their culture is the product of priviledged colonialism. This is what will erode the values and culture of the country, not the immigrants.

If you want to see the people trying to turn this country upside down, take a look at your fellow Americans, not the Salvadorian cutting your grass and minding his own business.

 

Yea, that's true you need a cohesive element to tie a huge, varied population like United States together, and if it isn't culture, language, and legal boundaries the country will balkanize and eventually catabolize itself. I think we should teach history as accurately as possible (good and/or bad), but there shouldn't be an agenda or ideology attached to the education. Let people make their own conclusions.

 

Do you believe critical race theory should be taught in US schools and in the DoD?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

Depends, what do you define as critical race theory ("CRT") since it seems no one can come up with a standardize definition. The way CRT is being defined by Ibram Kendi and Robin DiAngelo is destructive, racist, divisive and toxic. However, they are subsets of right-wing/republican leaders who wanted to pretend atrocious, discriminatory policies and practices of the past never happened, or if they do acknowledge it, they mitigate the severity and act like it has no effect on the present. Like the school in Texas that was using textbooks stating that transatlantic slaves were indentured servants and were paid instead of stating the reality at the time—chattel slaves. 

 

Illegal Immigration should not be allowed, at least not for the next many decades.

When non-technical, poor, immigrants who often can't speak English come to the country, they are willing to work at significantly lower wages compared to the local population, as they are willing to accept to live in 3rd world conditions. Given that their employment arrangement (since they are illegal) is under the table, all the standard employment protections that you think of can basically be thrown out the window. Cash salary (maybe $5/hr) and throw those expenses under "operating expenses" instead of "salaries and wages". 

When illegal immigrants are willing to work at $5/hr, it leads to a massive drop in the bargaining power of unskilled laborers, and hence the equilibirum wage plummets.

For those who argue "nobody wants to work", it really means "nobody wants to work at an unlivable wage" except for illegal imimgrants. Really it's a way for corporations just to juice more returns. 

Legal immigration should be allowed, but on a quota basis.

The difference between legal and illegal is given the costs and the barriers of entry to get in, you typically see mostly bright individuals who come with money. Many of them start businesses which leads to more jobs being created. Furthemore, they contribute to cutting edge research in areas such as medical and tech that provide the US with a competitive advantage.

Having said that, a quota basis is extremely important because it's important to make sure wages don't stagnate or are supressed in the way that illegal immigration causes. Just because legal immigrants are often better off, doesn't mean they won't work for lower wages. With the H1B system, they often don't have much bargaining power in terms of the wage they can accept.

Additionally, things such as infrastructure, healthcare, police, fire, etc. all take time to expand. If too many people come in at once, it will lead to established systems collapsing and not being able to handle the new population load. 

TLDR. Immigration is good when we bring high quality immigrants in, but even then the flow of immigrants should be monitored and regulated to prevent adverse effects. 

Array
 

Molestiae voluptas sit rerum soluta modi. Minus officiis omnis ut voluptates. Perspiciatis id delectus hic dolor. Blanditiis repudiandae consequatur ipsa et sapiente et optio.

Repellat eaque et amet aut corrupti eos. Consequatur fuga molestiae quisquam asperiores qui. Qui facere voluptas ad molestiae ut autem. Enim qui consequatur maxime sequi aperiam. Ex qui reprehenderit recusandae nihil ea voluptates laborum consequuntur. Quaerat incidunt et ut ipsa sapiente. Facere laboriosam distinctio sint sunt.

Praesentium rerum praesentium rerum qui. Occaecati consequatur sit est cum asperiores. Optio quis sed molestiae optio.

Voluptatem est aut recusandae. Quia reprehenderit facilis quaerat ut fugit sapiente ut repudiandae. Rem qui voluptatibus inventore molestias et nihil omnis magni. Facilis vitae quisquam expedita et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”