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In 2025, Microsoft is making record profits while laying off American programmers and hiring foreigners on H-1B visas.
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An '''H-1B [[visa]]''' began in 1990 to allow a foreign workers come to the [[United States]] and promise to work for the same company for six years, usually at lower wages than under a free market.  Free enterprise economist [[Milton Friedman]] observed, "There is no doubt," he says, "that the [H-1B] program is a benefit to their employers, enabling them to get workers at a lower wage, and to that extent, it is a subsidy."
 
An '''H-1B [[visa]]''' began in 1990 to allow a foreign workers come to the [[United States]] and promise to work for the same company for six years, usually at lower wages than under a free market.  Free enterprise economist [[Milton Friedman]] observed, "There is no doubt," he says, "that the [H-1B] program is a benefit to their employers, enabling them to get workers at a lower wage, and to that extent, it is a subsidy."
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In 2025, [[Microsoft]] is making record profits while laying off [[American]] programmers and hiring foreigners on H-1B visas.
    
The '''H-1B''' program brings into the [[United States]] hundreds of thousands of workers from foreign nations at lower wages and restrictions on job mobility.  This program keeps real income for Americans from increasing, particularly in high-tech fields. When there are layoffs, H-1B visa-holders grab scarce jobs easily, thereby displacing opportunities for [[American]]s.  For example, in 2023 an astounding 90% of H-1B visa-holders obtained new jobs within 60 days of being laid off.<ref name="F">https://fortune.com/2023/05/26/90-of-laid-off-h1-b-visa-holders-were-able-to-find-new-work-against-all-odds-heres-what-the-data-tells-us-about-americas-complicated-relationship-with-foreign-born-talent/?itm_source=parsely-api</ref>  "In fact, compared to native workers, immigrants found work 10 days faster ...."<ref name="F"/>
 
The '''H-1B''' program brings into the [[United States]] hundreds of thousands of workers from foreign nations at lower wages and restrictions on job mobility.  This program keeps real income for Americans from increasing, particularly in high-tech fields. When there are layoffs, H-1B visa-holders grab scarce jobs easily, thereby displacing opportunities for [[American]]s.  For example, in 2023 an astounding 90% of H-1B visa-holders obtained new jobs within 60 days of being laid off.<ref name="F">https://fortune.com/2023/05/26/90-of-laid-off-h1-b-visa-holders-were-able-to-find-new-work-against-all-odds-heres-what-the-data-tells-us-about-americas-complicated-relationship-with-foreign-born-talent/?itm_source=parsely-api</ref>  "In fact, compared to native workers, immigrants found work 10 days faster ...."<ref name="F"/>
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