Where did you see that? USCIS in its bulletins never releases the number of years only the year it is processing. If you extrapolate the EB-1 wait for Indians, it is closer to 9 years, but most people are in EB-2/3 which is 50yrs out.
The August bulletin currently lists April 2010 for India EB-3 (October 2017 for EB-1).
If you go back through the last few years of bulletins, this 9 year wait has been relatively stable. Unless you believe there's been a massive spike in applicants in the past few years, there's no reason to believe the current wait for new applicants is 50 or 70 years.
I don't think that's quite right. Have a look at Indian EB-2 . The August 2014 bulletin [2] lists the current year as 22JAN09 which has moved to 02MAY09 in the August 2019 bulletin [1]. This means that in the last 5 years, they have moved from Jan09 -> May09. Very stable!
That is true. As a side note, I also empathize with the cries from citizens of the US who have been residing here since they were born and have been facing competition from global economy and migration.
But I think that is going to be the norm going forward (unless we come up with a better alternative to capitalism); none of us are promised abundant freedom and opportunity unless we strive and work hard to take it. In other words, prosperity does not come easy in this competitive age...
Per the state departments August 2019 bulletin, the actual backlog to file for an EB-3 green card is currently 3 years for China, and 9 for India....