24 Nov 2011
SHUTTING DOWN GLOBAL BUSINESS IN AMERICA: WHY THE H-1B CAP HURTS US ALL
"If
a company now wishes to hire a badly needed engineer from abroad, it
will need to wait till October 1, 2012 before this person can come on
board. It is self evident that the cap hinders the ability of a company
to hire skilled and talented workers in order to grow and compete in the
global economy. The hiring of an H-1B worker does not displace a US
worker. In fact, research shows that they result in more jobs for US workers. What
is particularly counterintuitive with the H-1B cap is that is
completely negates the recent Administration’s policy to encourage
foreign entrepreneurs to create startup companies, resulting in job
growth." - Cyrus D. Mehta, Nov. 23, 2011.