Readit NewsAnd yes, it does work, because we have data from the year before this change, to the year after to compare against. The "Eligible Registrations for Beneficiaries with Multiple Eligible Registrations" dropped from 47,314 for FY 2025 to 7,828 for FY 2026. Source: https://www.uscis.gov/archive/uscis-announces-strengthened-i...
We'll see a rebalancing for sure.
This was already addressed by changing the odds to be per unique candidate, not application, thereby reducing the incentive to game it. More context here: https://www.uscis.gov/newsroom/news-releases/uscis-announces...
Lets go much further, lets multiply this by 10 to account for top 5000 companies (in practice it would be more like top 20,000 because the lower companies have much lower CEO salaries).
There are around 300 million people in USA. By redistributing the 100% CEO salary you can give around $900 per year to every single person. All this for $900? Which does not even account for income tax paid by CEO's. Edit: after accounting for income tax it is more like $600
So all you have achieved by completely eradicating C suite salary for top 20,000 companies in the USA is around ~$900~ $600 for each individual per year.
I'm increasingly convinced that CEO pay is the wrong place to look at for any impact at all.
Edit: there's more to this if you account for spending patterns.
Even if you give $500 to every citizen, that does not mean affordability will increase because inflation can increase proportionally. This is because even with increased money, each citizen is buying goods amongst the same quantity of goods as before.
For example we can take potatoes: do you think citizens can afford potatoes even more now? No, because the number of potatoes have remained the same. Taking away CEO salary does not mean potato stock would increase because CEO's are not hoarding up potatoes.
An example is Adultery. Most people will agree that it is morally wrong to cheat on your spouse. The reason civilized countries no longer have adultery laws is not because a majority of people support the crime, it's that the level of control a government needs to exercise over its citizenry to actually enforce such a law is repugnant. The state must proscribe definitions of infidelity ( human sexuality being the mess it is, this alone is a massive headache), then engage the state apparatus to surveil people's intimate lives, and then provide a legal apparatus that prevents abuse via allegation. And for what? So that people's feelings are a little less hurt?
The juice simply is not worth the squeeze.
So it goes for age restrictions. Age verification creates massive potential for invasion of privacy, blackmail, censorship, and more, necessitating a massive state censorship apparatus to block foreign content, and for what? So that little Timmy's forced back into trading nudie mags at the bus stop? To save parents the onerous effort of telling their kids "no"?
It's simply not worth it.
Where are you at?
Nannies are cheaper than daycare starting at 1 kid and the cost becomes overwhelming in favor of a nanny when there's multiple kids. You can also have the nanny watch other kids in the neighborhood if you only have 1 kid.
The solution to "kids are expensive" being to just pay someone lower class to do it is absurd.
> You can also have the nanny watch other kids in the neighborhood if you only have 1 kid.
You're re-inventing daycare here.
They want to repudiate foreign held debt, or devalue it, by revaluation of the USD and they will wear what they think of as a one time economic shock to get their reset in a belief they can make it less like the Smoot-Hawley great depression because so many other economic levers exist now, including floating currency, MMT, and massive fintech.
Personally I think it's a mistake but hot takes "they have no idea what's coming" are I believe naive. They know. They just don't care. Some amount of foreign trade will absorb the cost. Not all, not most. Not all prices in the US will rise and some substitution will happen although spinning up cheap labor factories again isn't going to happen in 2025. Maybe by 2027? Rust belt sewing shops and Walmart grade cheap goods production lines?
What amazes me is the timing: the midterms will hit while the bottom is still chugging along. I would think it unlikely they can secure an updraft from this to keep the house. What's the plan for that?