Why are we importing skilled workers, instead of growing our own?

The H-1B is a non-immigrant visa category in the United States under the Immigration & Nationality Act, section 101(a)(15)(H). It allows U.S. employers to seek temporary help from skilled foreigners who have the equivalent U.S. Bachelor’s Degree education. H-1B employees are employed temporarily in a job category that is considered by the U.S. Citizenship & Immigration Services to be a “specialty occupation.” A specialty occupation is one that requires theoretical and practical application of a body of specialized knowledge along with at least a bachelor’s degree or its equivalent.

The H1B is a visa category for skilled workers, in industries that originated here in the US. Look at the top 100 companies who use this to get the employees they need. I wonder how many of them lobby for lower taxes (that would go to help schools educate the workers they need) while spending money on the legal process and recruitment that allows them import that knowledge. And there are non-immigrant visas: these workers come to the US, use their knowledge to our benefit but also learn from us and undoubtedly use that knowledge when and if they return home. It looks like a losing proposition in the long-term, as we don’t develop home-grown expertise while we subsidize our possible competitors in the markets that US companies will be trying to expand into in years to come.