[incosta]

I think H1-B waiting times to green cards should be reduced. But H1-B is a fairly reliable way to see that person is skilled/qualified. No reasonable employer would keep someone on a payroll if the person is not good, even as a "serf" (a paid serf, more accurately).

Not so sure about green cards for recent students based on revenue/income of their business. We then have to ask the government to audit a lot of financial papers from people who have a great interest in showing higher numbers than there are in reality. Someone with family resources can "make" high revenue/income be shown on paper. It's not that difficult to do. But green card based on number of employees with some minimal wage limits makes sense.

[akg_67]

Someone with family resources is most probably a small portion of student population and they have other easier options to immigrate if they want (investor, marriage, to name a few).

The major problem with current system is on employer side. The H-1B created bodyshopper contractors because employers didn't want to hire foreigners directly and pay equivalent wage as other employees. Any visa system where majority of applicants leaves employer soon after receiving green card show the system is flawed. Applicant is a slave of employer and green card is his/her ticket to freedom.

There is no reason to believe that The proposed entrepreneur visa will not create bodyshopper VC or VC services firms. It will create again same slavery but now master will be a different group.

Even a simpler approach as I suggested may create bodyshopper universities.

Confirming revenue/income/number of employees through IRS Tax return is not as difficult. We already have some visa categories like investor and person of extra-ordinary abilities that require extensive proof and onus is on applicant.

[incosta]

OK, I suggest that you stop looking at this situation from some sort of idealistic perspective. The thing is that American President and Congress are serving interests of Americans, not foreigners (H1b, green card holders, etc). They have to find a delicate balance between what to give foreigners to please their constituents (not just people but also companies who have powerful lobbies).

American universities are interested in foreign students because they can pay a lot of money for the opportunity to study and then have some time (a year or more) to get a job in states. Most Americans fret at the idea to let foreign graduates (even from US universities) to compete for the same jobs with American-born graduates (I already hear: "our own children cannot get jobs after college, why let foreigners to compete!"), however this is part of the deal: allowing them some time to get employed here makes this student visa more attractive. Read: they will be willing to pay more to study. Good for American universities.

However, giving them 5 years of time to get employed or start a business? In the eyes of most Americans this is beyond reasonable. It's going to create a major outcry and will not be voted by Congress. The only situation it's going to work is if America had a population shortage and needed more people (like Canada, Australia), but this is not currently the case in America.

Now let's look at American businesses. They are interested in skilled but cheap labor. And H1B gives them exactly this. You call this slavery? I agree, up to some extent. But these people are foreigners and until they become citizens, they have no voice and are effectively nobody. So, it's their price if they want to be in America and eventually become 'somebody'. Sounds harsh? Correct. We live in the world of conflicting interests of different people, not in a paradise. Don't forget about this.