Congress set to make the H-1B visa less costly for India

[metalbot]

14. Completely the wrong direction

The H1-B visa system is currently done via lottery, which effectively encourages companies to enter as many low wage candidates as they possibly can.

Oddly enough, this is a situation where the market of supply and demand suggests a very reasonable solution:

Allow companies to BID for H1B visas. Cap the number of visas, and sell them to the highest bidder. That way, companies like Microsoft and Amazon who really, really want that one particularly skilled foreign worker can pay him $200k and be sure to get him, while not putting wage pressures on American jobs. It completely takes away the "there are not enough engineers", and then forces companies to say "there are not enough engineers willing to take the salary I'm willing to pay".