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by rhapsodic 3430 days ago
> The simple economics you are quoting will argue against protectionism. Even hypothetically assuming it will increase wages it will in turn make it costly to innovate and increase the cost of services for average American consumer.

You're quite right, of course, and until about a week ago, I would have opposed this change to the law on that basis. But I've had a bellyful of being lectured and name-called by self-righteous billionaires. So now whatever hurts them and helps me, I'm all for.

And although protectionism does hurt a country overall, it helps individuals and companies that are protected from competition. And for this change to the H1B law, I fall into that group. So bring on the protectionism, I say.