A story on Marketplace on the US Public Radio analyzes the H1B visa cap issues. While the US government is looking at relaxing rules for low income immigrants, the cap...

A story on Marketplace on the US Public Radio analyzes the H1B visa cap issues. While the US government is looking at relaxing rules for low income immigrants, the cap on visas for high skilled foreign workers is possibly hurting the US and helping other countries.

David Heanon, author of Flight Flight Capital suggests that over 1000 foreigners are leaving the US every day. “Yesterdays colleagues become tomorrows competitors,” he says.

Asian tech workers and certain NTYC based Brit bloggers hold a H1B visa to work in the US, but three years ago quantities issued were dramatically reduced in a step to protect American workers. That step may actually be hurting the American economy as workers who would have come to the US go to Australia and the UK. Also, the thriving Asian economies encourage existing visa holders go home to countries like India.

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