I went through the entire comment thread and feel like you guys are missing a lot of the H1B benefits by focusing just on tech and the effect of the Indian consultancies. Most PhDs, specially in STEM, math, stats, econ, etc. are not American. And almost all of them end up with a H1B visa at some point if they remain in the US. It might be lottery based if you go to work at any firm, or quota-free if it is in academia…
Brain-drain is a myth. I'm taking an x64 assembler course at an accredited institution right now; the 2 Indian foreign transfer students were worse than the 1 kid in class that literally plays WOW during lecture. They didn't pay attention, they didn't work, they tried to cheat their way through, and eventually dropped. Literally, I have teachers who randomize and change their assignments to catch people like them, and while I'm not going to hang the entire institutions cheating problems on those 2 kids, I will be willing to bet dollars to donuts most of the kids we are getting are rich kids with similar problems.
When I, as an American who's family goes back to before the war for independence, hear of "Rich Foreigners Kids" I think either Russian Mob or some corrupt Russian businessmen, or an Afghani Opium farmer, or some Indian Kshatriya. Call me jerk all you want, but facts are facts. Poor Geniuses from India don't have the resources to come here are foreign transfer students. Recently I had an assignment from my boss to go stalk a Chinese railroad construction company who was putting down roots in the US. Turns out all the people they are hiring state-side are, surprise surprise, Chinese foreign transfer students or people disgruntled with US institutions they want to steal technology from. If poor kids make it into US educational institutions, that is how they get in. Some foreign Government's interest in something in the US. Either way, their background is diametrically opposed to what it is to be American. Being American is not about drawing a nice paycheck; it's fundamentally about fighting for your right to life, liberty, and the pursuit of happiness. Take a 2nd Generation Mexican down to the gun range sometime, all of a sudden they realize they aren't 2nd class citizens anymore once you explain to them if the cops take your guns and arrest you for your skin color that's a great pay day for you., They understand, intrinsically, because their home country, Mexico, is unbelievably messed up, why firearm ownership is meaningful. If everyone has an AK47, the drug gangs are incentivized to be extraordinarily polite, mass graves do not happen.
You will never, ever get the poor kids who work their way up through their education system or business magnates who persevered without a college degree coming here as transfer students; that is what H1B is for. No Business magnate from Russia is ever going to come to the US to participate in our Ideology; whatever area they are in, they own it lock stock and barrel. The poor kids have to be financed by someone; business magnate or government, pick one. Both of those expect loyalty.
That is what H1B is for. Business managers will argue that they need "IT Geniuses" and honestly, they have zero capability to tell the difference between an entry level "Genius" and a bonafide professional. H1B is not for bringing in entry level people. What it is there for, fundamentally, is when you get the 3rd Reich starting up and they begin burning the Jews, typically, educated people see that coming a-ways off. Economic calamity often leads to political instability; If you're going to get into a war, best to grab as many educated people as possible from that foreign country as you can get. Maybe they get the ideology while they are here, maybe they like it and stay. Who knows. Moving away from your family and friend requires some serious motivation.
Indians by and large do not come here through H1B because India is a horrible hitler-esque dystopia. They do not come here because they urn to be free. They come here to scam, it's an empirical fact, Plain and simple. Let me prove it. Wipro, TaTa, WNS. Whenever Americans are being outsourced, it's one of those companies doing it, it is a scam, it is dishonest, it is asset stripping people's paychecks.
We, like idiots, encourage that scamming blinded by these fantasies about foreigners thinking so highly of of our technology, money, and world power that they want to come here from their whatever shazbot-hole country they come from; it's as if everyone has been infected by the thinking of King George of England. Nowhere anywhere in Mainstream Media, do you ever see anyone quoting an immigrant these days who wants to come here to share in our Ideology. That Ideology is the reason for the economy, capital, and technology and military, and we forget that.
In Summary.
If you're here for the economic incentive, Get the F@##$!@$k out. I don't have time for your kind.
If you're here to be American and contribute, Welcome. We've got a lot of idiots here. Buy them booze and get them hammered. Do that a few times, you'll find friends willing to bury a body with you.