Posted on 06/15/2012 4:19:10 AM PDT by SeekAndFind
Are you an immigrant genius who wants to come flex your skills at a company here in the United States? Too bad. Go away! We don't want you.
The U.S. just hit its annual cap on visas for educated immigrants, a.k.a.: the H1-B, which means that for the rest of the year, we're in the business of telling smart people from around the world that we don't have a place for them.
Here's how this ridiculous system works: Starting each April, the federal government distributes a limited supply of 85,000 of H1-B visas. Companies go on a mad charge to snap up as many as they need, and those who come up short are left to scheme up other, roundabout ways of getting their workers into the country. It's a silly dance we do each year, when instead we could just welcome more smart, skilled professionals to come and work here.
To get a visual sense of just how rapidly demand for these visas outstrips supply, here's a graph from the Brookings Institute. Each year is marked off starting in April. The blue represents the amount of time before companies hit the cap. The hotter the economy, the faster the visas usually go. This year, it took just ten weeks, compared to 33 in 2011.
(Excerpt) Read more at theatlantic.com ...
Why is the U.S. government keeping American schoolchildren from becoming geniuses is a better question.
Bill Gates is a intellectual property thief and Warren Buffet is an wily and successful con man with a finance degree. Steve Jobs was always a liberal. He is the only consistent one of the bunch.
Hey Jordan, why don’t you give up your job and move to India to free up a slot. putz.
H1B program is the most corrupt immigration procedure in America.
It would be simple to turn it around. Just issue these visas prioritized by highest pay first, lowest pay last. No ‘geniuses’ would be turned away. Companies would quit jostling for the low pay/high return “indentured servitude” positions that feed the corruption of this system.
Just because you are really rich doesn't mean you are really smart (or even average smart) when it comes to politics!
 From left-to-right (clockwise): Eric Schmidt, Arthur D Levinson, John T Chambers, John Doerr, Larry Ellison, Reed Hastings, John L Hennessy, Carol Bartz, Dick Costolo, Mark Zuckerberg, Barack Obama, Steve Jobs, Steve Westly, Ann Doerr |
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.