Bill Gates and the WSJ: More Visas, More Jobs

By March 19, 2008Human Resources

From The Wall Street Journal, “More Visas, More Jobs“:

Bill Gates appeared before Congress again last week to make a simple point to simpler pols: The ridiculously low annual cap on H-1B visas for foreign professionals is undermining the ability of U.S. companies to compete in a global marketplace.

“Congress’s failure to pass high-skill immigration reform has exacerbated an already grave situation,” said the Microsoft chairman. “The current base cap of 65,000 H-1B visas is arbitrarily set and bears no relation to the U.S. economy’s demand for skilled workers.”

The Journal cites the recent studies by the National Foundation for American Policy which demonstrate the domestic jobs-creating power of employing foreign workers here through visas.

The preponderance of evidence continues to show that businesses are having difficulty filling skilled positions in the U.S. By blocking their access to foreign talent, Congress isn’t protecting U.S. jobs but is providing incentives to outsource. If lawmakers can’t bring themselves to eliminate the H-1B visa cap, they might at least raise it to a level that doesn’t handicap U.S. companies.

Earlier post on the visa studieshere.

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