The HORRORS!!! Next thing you know, consumers will want to pay the lowest price for goods and services too!!! And get the highest return for their investments... where does it all end??!?!?! Aiiigghhhh!
H-1B's and the corollary called outsourcing contribute to the law of diminishing returns. For example, isn't it wonderful dealing with customer service reps located in Mumbai or Bumfuque, Egypt?
Thousands of foreigners enter the US to fill the jobs "that can't be filled", such as technology and engineering jobs. Why pay a certified American professional $100K, when you can hire that H-1B for half that.
It feeds on itself, various careers become less appealing as reality sets in.
Those of us who consider themselves entrepreneurial, or problem solvers, aren't fazed by this. These folks are great for project work where you the tasks are highly structured. Give them a task that requires independent thought, and they get wide-eyed with trepidation.
Competition is a wonderful thing, until it gets turned into crony capitalism through payoffs and bribes to government.
+1 and LOL!