Supporters of this fundamental change in immigration policy say we need to import more well-educated talent if we’re to stay competitive. But exactly whose competitiveness are we talking about? Not the competitiveness of, say, American-born computer engineers. Adjusted for inflation, their earnings haven’t gone anywhere in years. That’s in part because American companies have been sending so much of their high-tech work abroad. Bringing more foreign-born engineers here under an expanded H1-B visa program, or a point system for that matter, will just depress wages even further.
