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I think we should grant them full residency for the duration, with an easy path to permanent residency if they behave while they're in the country (eg not getting arrested or something, being gainfully employed throughout in their field). If these are people that really have skills we have a critical shortage of, then we should be begging them to stay in the country.
I think the main problem is one of lateral mobility once they have a visa. Having people who make 10x what they make in their home country, and they can't change jobs if they're mistreated, effectively means they're okay with being treated like slaves for a few years. Which makes the market suck for everyone else. If companies had to actually worry about retaining H1Bs because they could change jobs after sponsoring a visa, the problem would mostly solve itself.
Yep. I've been saying this since the 90s. :)
We should want this kind of talent here, and we shouldn't be treating them like shit and acting like it's some kind of major privilege to even be here 6 years (max) since they don't make as much at home.
We should entice them to come and stay here, not treat them like a used Kleenex once their six years is up...if we are even supposed to believe the narratives from the capitalists, they are precious commodities to be found nowhere else. But then we kick them out after 6 years unless they find some other way to stay? The narrative is not even consistent.