Trump to impose $100k fee for H-1B worker visas, White House says

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain.

A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them do so. You can argue how well that’s worked out for us - having worked with a great many extremely talented H1bs in an industry largely built by immigrants, I’d consider it pretty positive - but it damn sure hasn’t worked out well for the countries those talented folks came from.

Shutting down H1Bs is extremely stupid because >50% of our unicorn founders are first generation immigrants that started out on the H1B. They are the greatest creators of jobs in the entire economy. Shutting down the H1B is a dark horse for the end of American success.