Not only are we throwing the baby out with the bathwater, I feel like the current rhetoric in the US doesn’t even acknowledge the existence of the metaphorical baby anymore. The strongest advantage of the US has always been the ability to absorb global talent. I don’t think that is a popular view anymore, and we are instead stuck talking only about stopping abuse that is ultimately still bringing skilled workers to t…
It's worse: we're actively ejecting the global brain drain that has been to our benefit since the post-WW2 era. I know several people on various visas that are making plans to leave after having gotten PHDs here. Still more have naturalized and are making contingencies for exiting. Immigrants found close to half of the fortune 500 businesses, and start something like 20% of our new businesses each year. For those mot…
I looked into the h1b for myself before, and I'm pretty sure I wouldn't be able to start my own successful business while on it.
You're aware that there will continue to be immigration without the h1b visa, right? That's just a common way big corporations use to import cheap labor, at least that's what I looked like to me - because id be fully at the mercy of the company I'd be unable to really negotiate my contracts etc
It's definitely possible to make an argument in favor of the program, but it's a lot more nuanced at the societal level - and I suspect overall net negative, because often the h1b visa recipients will transfer their money back to their home country, which makes this into a net-negative again.