With the economy still reeling from the COVID-19 pandemic, there are growing calls to ease competition in the labor market by restricting immigration. But these policies overlook the fact that highly educated foreign graduates from U.S. universities act as a stopgap for a shortage of American STEM graduates. Before taking aim at H-1B visa workers, Capitol Hill needs to do more to increase the number of STEM graduates in America. Without that support, domestic tech companies and their consumers will suffer.
Coauthored by Oliver McPherson-Smith and Krisztina Pusok, you can read this article in The Economic Standard.