A common problem in latam and other geos is brain drain. Most of their best minds simply leave the country looking for better opportunities. That is impactful for the countries economies, the country invest a lot in people,but others see the benefits.

During last century, USA has been the most benefited from that kind of immigration.

Personally I think that this is a very short sighted decision by USA administration. But overall, I think that this will benefit the rest of the world. Maybe in a few years even USA will start exporting their best minds abroad!

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rayiner 4 days ago | parent [-]

> During last century, USA has been the most benefited from that kind of immigration

This is inaccurate. The U.S. had a highly restrictionist immigration system from 1921-1965. The foreign born population dropped from almost 15% to under 5% by 1970.

During that time, the U.S. had a small number of highly skilled immigrants, such as German scientists fleeing the Nazi regime. You’re talking about a very small number of truly exceptional people. A $100k/year fee is not going to shut down this kind of immigration.

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estebarb 3 days ago | parent | next [-]

Between 1921 and 1965, about 9.6 million people were admitted as lawful permanent residents. That's not what I'd call a "very small" or "highly restricted" inflow.

Source: DHS Yearbook, https://ohss.dhs.gov/topics/immigration/yearbook/2019/table1...

	▲	rayiner 3 days ago \| parent [-]
		You can see the restriction easily on a chart: https://www.migrationpolicy.org/programs/data-hub/charts/ann... We have been around 1 million per year for decades. If we still had that policy, adjusted for population you’re talking about cutting legal immigration by one-third to one-half. And that’s not counting a large increase in “gray market” legal immigration (TPS, asylum, etc.)

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3 days ago | parent | prev [-]

[deleted]

	▲	rayiner 3 days ago \| parent [-]
		Employers pay these fees, not the employers. A white collar worker already costs close to $100k in overhead, benefits, and payroll taxes. The true geniuses are easily worth $100k to a university or employer.