Senators Seek H-1B Cap That Can Reach 300,000
dcblogs writes "A bipartisan group of Senators is planning to introduce a bill that allows the H-1B visa cap to rise automatically with demand to a maximum of 300,000 visas annually. This 20-page bill, called the Immigration Innovation Act of 2013 or the 'I-Squared Act of 2013,' is being developed by Sens. Orrin Hatch (R-Utah), Amy Klobuchar (D-Minn.), Marco Rubio (R-Fla.), and Chris Coons (D-Del.). It may be introduced next week. Presently, the U.S. has an H-1B visa cap of 65,000. There are another 20,000 H-1B visas set aside for advanced degree gradates of U.S. universities, for 85,000 in total. Under the new bill, the base H-1B cap would increase from 65,000 to 115,000. But the cap would be allowed to rise automatically with demand, according to a draft of the legislation."
So what the hell use is a cap that rises with demand?
if you want to educate the next generation of IT workers in the US and have them stay here for their lives, adding to the economy, start cutting back on H1Bs now. it's just an excuse to in-shore cheaper help and shoo them away before they start complaining.
if this is supposed to be a new economy, how come they still want my old fashioned money?
But the cap would be allowed to rise automatically with demand...
Um, that is the exact opposite of a 'cap'.
Importing people who will be automatically put into a process of exporting if they lose their job always seemed more than a bit cruel to me.
The effect of H1b has been to flood the market with fake job offers (intended to find no one available), increase the desperation of the average job seeker (where it doesn't lower wages directly, it has other effects), and to shift the job market gradually overseas as intimate knowledge of US business is shifted to people who aren't allowed to remain in the US market.
It's a mixed result - but mostly negative for the US at large.
Why not just allow more immigrants for technical fields? That way, they can start companies here, they don't have to live in such fear while working, and can pay socially beneficial taxes when they do (statistically) reach the higher incomes they are bound to reach.
Passing laws just to increase profit margins of companies at the expense of workers seems highly corrupt/inefficient. We're a nation of immigrants - we shouldn't shy away from making the nation stronger with citizens - and we've had huge problems with, um, drawing distinctions about labor variants of citizens in the past.
Ryan Fenton
It's the same as with outsourcing - it enriches companies and short-sells Americans. Expanded H1B program would make unappealing to invest in education in America. There would be no more need to invest in future generations if company could get workers you need w/o spending any money. In addition H1B workforce's living expenses are lower than of American workers which in turn depresses salaries of American workers.
For example, right now my friends company is paying 50% of her expenses to finish her MBA, it costs them $20k. If company could import someone they would be net ~$20k profit (maybe more if they can pay less for the same job) and my friend would be either unemployed or less educated.