Needless to say, the economic arguments behind H1-B expansion are completely specious.
Labor economists are always skeptical when they hear talk of labor shortages.
Inexplicably, in this area the Wall Street Journal Edit Page seems suddenly to have lost its faith in the price mechanism. But at least it now admits, indeed proclaims, that immigration policy is broke and needs fixing. Its fix would make things worse. But it s a start. Too bad the Wall Street Journal Edit Page has worked so hard to suppress other attempts to point this out.