This a response to Mr. Alexanderís letter concerning
the trade deficit & H-1B visas. First, I donít think
that there is such a direct relationship because there
are more important factors. However, the cap limits on
H-1B visas were set in the early nineties and the
deficits have experienced an increasing trend ever
since. There are 140,000,000 people employed in the
US. Around 40 million hold a bachelors degree. This
group has an unemployment rate of 2.7%. The 65,000
H-1B visas represent 0.0016% of this universe. That
is, an insignificant number by any account, even if
you add the H-1B holders staying from previous years.
Evidently, if you want to see any positive effect, the
cap on H-1B visas should be completely lifted.
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