There is no need to have a “program” for truly gifted people or to change the number of H-1B’s available. Just make employers pay foreign workers they bring in a 20% premium over prevailing wages being paid to US born workers in similar jobs. (Also make sure the employers can’t cheat on the wages.) If the above is enforced, the problem will self-correct.
At present, big employers cheat, and the gov’t looks the other way - a perfect example of crony capitalism.
It’d be nice if Trump’s position paper said something about enforcement: As another FReeper has pointed out, current law requires that wages paid to H-1B employees should be comparable to “prevailing wage”, but, this is not meaningfully enforced. I’ve been an indirect victim of the results of this, myself.
The immigration plan Trump released handles it by saying that H1-Bs are now being brought in at the lowest allowable pay levels. He wrote that they should be brought in at only at the highest pay levels. That sounds pretty much like what you wrote.