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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
CommentaryImmigration

COVID-19 can’t be used as an excuse to limit skilled immigration

By
Jeffrey Sonnenfeld
Jeffrey Sonnenfeld
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By
Jeffrey Sonnenfeld
Jeffrey Sonnenfeld
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May 28, 2020, 7:00 PM ET

Memorial Day is an excellent opportunity to celebrate the contributions immigrants have made to America. However, worrying news has emerged that the Trump administration plans to limit highly skilled immigration in an attempt to goose employment.

Such a policy shift would not only be deleterious to our nation, but an ill-founded solution to spiraling unemployment.

From the earliest days of the republic, immigrants have been vital to our national identity. Hot dogs and hamburgers are products of immigrants, and immigrants have played a part in founding iconic American companies like Google, Tesla, and Uber. But now, the administration and some lawmakers are using the coronavirus crisis as an excuse to tear down programs that have helped bring talented workers and students to the U.S., where they are crucial contributors to our economy. 

The two most prominent programs being targeted are H-1B visas and Optional Practical Training, or OPT. H-1B visas allow U.S. employers to temporarily hire foreign workers in occupations that require specialized knowledge and skills, with stays ranging from three to six years. OPT allows foreigners with student visas to work in the U.S. following graduation for periods between one and three years, depending on their field of study.

Restricting these programs could have an enormous impact on the tech and engineering fields. Many leading U.S. companies were founded by immigrants and depend upon these programs to employ talented international students and workers. About 18% of the entire labor force is foreign-born, with one in four STEM workers being an immigrant, according to an American Immigration Council analysis of American Community Survey data.

Furthermore, more than half of startups with revenues of $1 billion or higher have immigrant founders or cofounders, according to a National Foundation for American Policy study. And immigrants or children of immigrants are responsible for founding or cofounding 45% of 2019’s Fortune 500 companies, per New American Economy.

International students, who make up over 5% of American university students with more than 1 million studying here, contributed about $45 billion to the U.S. economy in 2018, according to the Institute of International Education.

Our health care system will also be at risk from a policy change. The pandemic has highlighted the role of health care workers in our society, so limits on highly skilled immigration could have fatal consequences for Americans.

Colleges are already fearing the impact of COVID-19 on enrollments and endowments; we are simply not in a financial position to reject qualified students who dream of studying and working in our nation. 

To be sure, some schools operate as irresponsible “visa mills” that trade a substandard education for work opportunities in the U.S. But that problem can be solved by not extending H-1B and OPT authorization to students from those colleges and universities.

COVID-19 has had a devastating impact on all of us, but this crisis should not be used as an excuse to allow xenophobia to stifle our future growth. The U.S. has been and always should be a nation of immigrants. Now more than ever, we must remember the importance of immigration, which has fueled technological ingenuity and economic productivity for our entire history, shaping America’s character as a symbol of freedom and innovation.

Welcoming highly skilled and talented foreign students and workers is our best path to promoting employment of native-born Americans. We need great minds from all corners of the world to preserve America’s technological prowess, social diversity, and economic vitality. Preserving the H-1B and OPT programs will benefit us all.

Jeffrey Sonnenfeld is senior associate dean and Lester Crown professor in the practice of management at the Yale School of Management. He wrote this on behalf of the board of the Ellis Island Honors Society.

About the Author
By Jeffrey Sonnenfeld

Jeffrey Sonnenfeld is the Lester Crown Professor in Management Practice and Senior Associate Dean at Yale School of Management.

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