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I read your piece on how Washington doesn't understand high-tech, and I agree with most of your points. However, I completely and respectfully disagree with your statement regarding H-1B visas. As far as I can tell, we certainly don't need an increase in the quota of these visas. As the owner of one of those high -tech companies I'm continuely surprised at the number of talented american engineers who can't seem to find employment in this country. Its very odd how engineers, software developers and technicians from India, China and other countries can come to the US and find jobs, but we seem to be unwilling to hire our own engineers, software developers and technicians. Very often we just aren't willing to take the risk. Why is it riskier to hire an american instead of someone from India? Time and again I have observed highly educated and talented americans working far, far below their educational levels. When I've asked these individuals why they are working their current jobs, almost to a person they tell me about discrimination: sometimes its age discrimination, sometimes its ethnic and sometimes its racial. Strangely, it wasn't difficult at all to find examples of underemployed people in Maryland. I know of half a dozen within a mile of my home, and I know of others in other states. I believe we business owners owe it to the country that gave us the freedoms to be in business to help support this country as best we can. I think that a greater effort on the part of business leaders to end all forms of discrimination in hiring and promotions would go a long way to improving the climate of american business and this could all be done without the heavy hand of government regulations.
I am a witness that one skilled forign born research engineer saved job of atleast 25 US citizen by developing new products, otherwise company would have filled bankrupcy.
It is not necessary to increase number of H1 visas. BUT IT IS ESSENTIAL to increse the number of green cards available to Chinese and Indians and DELAYS in processing Employment based GREEN CARDS should be minimized..
Even if they manage to get a H1b visa sponsored, it would take them 5-8 years to get a Greencard, forgot about innovation/entrepreneurship, these graduates have to do the same job with no significant pay hike for 5-8 years else the Greencard process starts all over again.
An article on the Internet making rounds states '2 US educated Indian Engineers moved back to India to start a venture since they could not accept venture capitalist money or start a business while on H1b visa and the wait for Greencard was to long for them postpone their ideas'!
I am against H1-B abuse myself because it gives opportunity for some Americans to address bad things about H1-B as a WHOLE, which obviously we are all know they are not all bad and most of them are genuine. When really think about it, we, Americans and foreign skilled workers, are victims of the broken system. I am not saying we should increase H1-B visas substantially but rather increase some to meet the market needs and for sure fix the Green Card processing system and speed up the process so that skilled workers can utilize knowledge at their best such as becoming an entrepreneur and create more jobs. That is the fact.
H1b visas are perhaps marginally harmful to indigenous high skilled american workers(I say marginally since the current unemployment rate in that field is quoted at 2%, so I can't really imagine the situation is that bad). In reality what is perhaps more harmful to those folks is having such a vulnerable labour force at the mercy of exploitative corporate employers.
All that argument aside, it is most definitely to the benefit of the "other" 80% of americans who do not possess a college degree. Since the more of these jobs here the more the demand for local goods and services which improves their lot. If corporate america senses any shortage of talent, it can and will in todays global economy outsource those jobs, with the knock on effect to the rest of the economy.
These issues require more than cursory discourse and emotive decisions which appear to be the modus operandi of our lawmakers these days.
I am a doctor working in an underserved medical area taking care of hundreds and probably thousands of rural and sometimes underpriviledged/uninsured americans. The discussion ought to consider the diversity of this program.