It may employ some US born high tech workers, unless those under the H1-B visas were also making less than their US counterparts. In that case, I think it will just accellerate the shifting of jobs overseas.
I read the article, and there are a few things that bother me about the executives that were interviewed. (Note: bold type is my emphasis).
QUOTE
"We expect that we will continue to sponsor H-1B employees in the future for the simple reason that we cannot find enough U.S. workers with the advanced education, skills, and expertise we need ," he said.
And in the very next paragraph:
QUOTE
Elizabeth Dickson, director of immigration services for the Ingersoll-Rand Company, speaking on behalf of the U.S. Chamber of Commerce, said: "In the near-term, we simply must have access to foreign nationals. Many of them have been educated in the United States. By sending them home, we are at best sending them to our own foreign plant sites, and at worst to our competitors."
I find it hard to believe that with we are not, and cannot produce enough people in our own educational system, technical schools, or in on-the-job training. We apparantly have the capacity to teach and train these people, as we are doing it with foreign students.
Are we really so deficient in educating and training our own students in engineering and computer jobs, that we have to import 200,000 foreign students and employees each year?