Are there people in the US who know the language and are not willing to move to Alabama for 95k? Then the market has spoken.
The entire point of capitalism is not everyone get's what they want and price how that is decided.
The entire point of capitalism is not everyone get's what they want and price how that is decided.
But you don't appear to have data to back up that particular number for all jobs with no specialization whatsoever, and as far as I can tell the administration doesn't either.
That's the point of around a six figure wage floor. It prevents people from understating the requirements then bringing in a H-1B. I could just Advertise for a secretarial job, then only accept people that happen to speak Farsi.
Why would the optimum H1B wage floor for every industry that suffers from a lack of local talent just happen to be the one that makes sense for tech? And why would it make sense for it to be the same everywhere when wages and living expenses vary so much with location? You're proposing actively ignoring the market wage, not taking it into account.
The H-1B program is a tiny fraction of the overall workforce and if you want it to stick around you need to justify it. Saying industry X needs workers for wage Y, falls on deaf ears. No, it really does not because for the most part it get's by without them as there is just not a lot of H1B workers in any industry.
Having said that, at the societal level we can talk about gaps that a H-1B program can fill in the short term. If there is a sudden demand for people in machine learning then giving the US access to a wider talent pool has value. But, at the social level each industry needs to compete with every other industry or your talking about soviet style planned economies which don't work.
How do you separate companies wanting cheaper workers from gaps society is better off fulfilling? Well wage is by far the strongest indicator. If the oil drilling industry goes though a boom and can pay 200k for people working oil jacks for a few years then they should get most of the H1B pool as they may need it more than every other industry combined.
However, as the demand is met internally wages will fall then some other industry may have a larger demand.
Now the US is a horribly corrupt society with groups with a lot of power use it to get more power. Thus, the actual H1B program looks very different from what I described. But, again I am only saying there is a justification for an H1B program with a very strong salary floor not anything like our current system.
PS: Anyway, understating the requirements and advertising a job that's below market rates is one the main problems with the H1B system that's most often gamed. I have seen more than one advertisement for a junior job title with 5 years of experience and a masters degree. Lying on a form is easy, lying with money is harder.
You mean protected capitalism - protected by artificial minimum wages put in place by government?
You can even get an Indian worker in Mexico and import the results free of charge. But, limiting immigration is one of the fundamental functions of government, and it's not going away any time soon.
PS: I also somehow doubt you would be OK with al qaeda corp setting up shop an then importing large number of people.
You can even get an Indian worker in Mexico