"Especially since any Indian can supposedly do any skilled labor position just as well as any American and for 10% cheaper under the H-1b regulations?"
I think you misunderstood what an "H-1B" is. To hire a H-1B foreign employee, an employer in the US has to show to the government that the employee's wage is competitive when compared to the prevailing market rate, and that the employee has difficulty finding a US Citizen with the skills necessary after a certain amount of time. H-1B is not a "regulation" as you think. It is a status for foreign person to stay and work in the United States.
Slashdot Mirror
"Especially since any Indian can supposedly do any skilled labor position just as well as any American and for 10% cheaper under the H-1b regulations?" I think you misunderstood what an "H-1B" is. To hire a H-1B foreign employee, an employer in the US has to show to the government that the employee's wage is competitive when compared to the prevailing market rate, and that the employee has difficulty finding a US Citizen with the skills necessary after a certain amount of time. H-1B is not a "regulation" as you think. It is a status for foreign person to stay and work in the United States.