I see a lot of comments that miss the point. H1B visas have their problems and the system could be greatly improved by reforms. But that is not the issue. We are talking about suspension of ALL H1Bs and J visas!
Whatever you feel about the problems with the current system, it is a net positive for the US. It has some pernicious negative effects, but ultimately our economy benefits more by being able to draw and integrate top talent from all over the world. To put this in a context that might be more familiar to readers here, it would be like Google or Facebook putting a moratorium on aquihires, or implementing some other policy that hurts their ability to recruit.
Please do not buy into the hype that this is the first step toward reform. The current administration has had 3.5 years to overhaul the H1B system and has done nothing to date.
This is horribly short sighted and a strategic blunder. It will hurt American innovation and the American economy. It’s the type of move made Yahoo and AOL in the mid aughts that ultimately led to their stagnation and demise 10 years later.
Whatever you feel about the problems with the current system, it is a net positive for the US. It has some pernicious negative effects, but ultimately our economy benefits more by being able to draw and integrate top talent from all over the world. To put this in a context that might be more familiar to readers here, it would be like Google or Facebook putting a moratorium on aquihires, or implementing some other policy that hurts their ability to recruit.
Please do not buy into the hype that this is the first step toward reform. The current administration has had 3.5 years to overhaul the H1B system and has done nothing to date.
This is horribly short sighted and a strategic blunder. It will hurt American innovation and the American economy. It’s the type of move made Yahoo and AOL in the mid aughts that ultimately led to their stagnation and demise 10 years later.