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I agree the H1B program is abused, but I dont believe there is enough local talent to replace the tens of thousands of h1b workers.

It will result in a lot of small and mid size business closing down. Unfortunately I dont have any suggestions on improving the h1b program.

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If the h1b program were closed, I think companies would miraculously discover how to (1) pay more (moving to sfbay is a ludicrously bad economic decision for most families), (2) train employees, and (3) stop leaking women, minorities, and parents out of their companies. In other words, they'll figure it out just fine if forced to do so.

You're not thinking this through: they'd set up more operations abroad.

You apply tax sanctions against them then. It's done constantly to level the playing field between domestic and foreign industry.

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