Duh. H-1B has always favored tech companies because it increases the labor supply and indirectly decreases salaries. Perfect example of how companies only want free markets when it benefits them.
Honestly, I was hoping Trump would end the entire program, but who am I kidding? Google and friends spend way too much on lobbying for that to happen.
> Perfect example of how companies only want free markets when it benefits them.
There are many cases where corporations show hypocritical behavior, but this criticism seems off the mark as the companies actually do want free market in this case (i.e. free labor market where they can get a labor from anywhere), and in this case, they are not getting it (there's a lot of legal barrier making it difficult to import labor - thus it is a protected market). They want less protection in this case to favor them. It sounds like you want more protection, which is a reasonable position, but that's not a free or free-er market.
No, the free market solution would be to raise wages to attract more people into the industry. There's nothing stopping them from doing that, but instead they're lobbying the government to let them import workers.
You're putting words in my mouth and not understanding my argument. The irony of your comment is that H-1Bs literally can't start companies here because if they quit the job sponsoring their visa they'll be deported.
I'm completely happy for people to immigrate here, but H-1B doesn't help them do that, and instead lets corporations exploit them.
H-1B is bad for immigrants because it puts them at the mercy of big corporations. H-1Bs are bad for citizens and legal immigrants because it lets corporations import cheaper labor.
H-1B is the one of the few legal stepping stones to become a citizen (and get permanent residence) if you don't go through routes like marriage or family sponsorship or a silly lottery.
So while yes, you cannot start a company on an H-1B, it is for many people a pre-requisite to become a green card holder (and thus being able to start one).
There is zero possibility Trump or the republicans are going to do anything to raise wages relative to revenue, even if it were a side effect of whipping of ethnic rage. For the democrats, the possibility rounds to zero.
Honestly, I was hoping Trump would end the entire program, but who am I kidding? Google and friends spend way too much on lobbying for that to happen.