Sam6536
Registered Member
So if I understand this correctly, existing individuals are exempt?That is just an extreme copium mechanism for those who were celebrating prematurely. The courts are still going to be slammed with lawsuits and the administration is still going to lose even on the issue of imposing the tax on employers sponsoring new visas because it remains a huge overreach of executive authority that completely changes the fundamental characteristic of a program set up by Congress. It is just that their losses would be less dramatic because they have voluntarily withdrawn the flagrant violation of due process they had initially contemplated.
If the administration were really serious about this, they would have worked with Congress to amend the law to get a legal basis for their action that would have stood in court.
I don't know about the whole constitutionality of the act aspect but it's essentially targeting the newer arrivals right? So the current setup would remain but future hiring will be scrutinized? Fair enough. It's their country their rules.
India benefited 20-25 years from the whole process. Now it's time to diversify services to our own market and in other markets we have FTAs with. STEM is still the most popular choice among new graduates in India. The buffer zone is short but we have to make do with what we have.
There would still be intake of
high skilled professionals albeit in smaller numbers.
This essentially means that hiring from all nationalities will drop. I wonder how big tech in America and the likes of Elon Musk who heaped praise on H1B will counter this. The current American labour force can hardly accommodate all the demand. American graduates prefer to graduate with abstract degrees like "yoga" and "painting", they'll need to produce STEM graduates at a much higher scale.
America is playing the long game, in short run they know the Indians are running the silicon valley. It will be about loopholes and offshoring for now.
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