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Comment by bokonist

Seems like the sensible solution would be to auction off the immigration quota slots. Decide on some number of business/talent based visas to be issued each year. Then do a rolling auction of the visas. If a person gets a visa, comes to America, but then does not like their job and goes home, the company gets a prorated refund. If the person stays more than five years, they get a green card automatically and are free to work wherever they please or start their own company. If a Facebook or YC want the talent, they can bid up the price and pay for the talent. The government doesn't have to worry about in which professions there is a "scarcity" or a talent shortage. If there is a real shortage of valued workers, businesses will bid for visas for those types of workers. It will work itself out. But this system will prevent the body shops from racing to the bottom by using H1-B's as disposable indentured servants.
parent bokonist 12 years ago

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