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toomuchtodo 7 hours ago

> You’re assuming the talent exists locally. It doesn’t. Companies aren’t doing H1B for savings. This is a myth.

The evidence shows this is false. If it wasn't for cost savings, companies could eat the $100k one time H-1B fee (lifetime employee generated revenue - lifetime total employee costs). I am asking you to prove the assertion that the talent does not exist domestically within the US. Extraordinary claims require extraordinary evidence.

> It’s more purchasing power.

This is less necessary forward looking with global decoupling and de-globalization.

Citations, again:

https://news.ycombinator.com/item?id=45305623

https://news.ycombinator.com/item?id=42454509