BusinessWeek Logo
Top News March 7, 2007, 7:18PM EST

Written Testimony of William H. Gates

(page 7 of 10)

Neither industry nor government can achieve these goals if we act alone. Federal, state, and local governments must help to prepare all of our workers for the jobs required in a knowledge economy. Workforce enhancement should be treated as a matter of national competitive survival. It is a down-payment on our future, an extremely vital step to secure American competitiveness for future generations and to honor the American ideal that every single one of us deserves the opportunity to participate in America's success.

II. Attracting and Retaining the World's Best and Brightest

For generations, America has prospered largely by attracting the world's best and brightest to study, live and work in the United States. Our success at attracting the greatest talent has helped us become a global innovation leader, enriched our culture, and created economic opportunities for all Americans.

Unfortunately, America's immigration policies are driving away the world's best and brightest precisely when we need them most. I appreciate the vital national security goals that motivate many of these policies. I am convinced, however, that we can protect our national security in ways that do less damage to our competitiveness and prosperity. Moreover, the terrible shortfall in our visa supply for the highly skilled stems not from security concerns, but from visa policies that have not been updated in over a decade and a half. We live in a different economy now. Simply put: It makes no sense to tell well-trained, highly skilled individuals—many of whom are educated at our top colleges and universities—that the United States does not welcome or value them. For too many foreign students and professionals, however, our immigration policies send precisely this message.

This should be deeply troubling to us, both in human terms and in terms of our own economic self-interest. America will find it infinitely more difficult to maintain its technological leadership if it shuts out the very people who are most able to help us compete. Other nations are recognizing and benefiting from this situation. They are crafting their immigration policies to attract highly talented students and professionals who would otherwise study, live, and work here. Our lost opportunities are their gains.

I personally witness the ill effects of these policies on an almost daily basis at Microsoft. Under the current system, the number of H1-B visas available runs out faster and faster each year. The current base cap of 65,000 is arbitrarily set and bears no relation to U.S. industry's demand for skilled professionals. For Fiscal Year 2007, the supply did not last even eight weeks into the filing period, and ran out more than four months before that fiscal year even began.

For Fiscal Year 2008, H-1Bs are expected to run out next month, the first month that it is possible to apply for them. This means that no new H-1B visas—often the only visa category available to recruit critically needed professional workers—will be available for a nearly 18-month period. Moreover, this year, for the first time in the history of the program, the supply will run out before the year's graduating students get their degrees. This means that U.S. employers will not be able to get H-1B visas for an entire crop of U.S. graduates. We are essentially asking top talent to leave the U.S.

As with H-1B visas, the demand for green cards far exceeds the supply. Today, only 140,000 permanent employment-based visas are available each year, which must cover both key employees and their family members. There is a massive backlog in many of the employment-based green card categories, and wait times routinely reach five years. Ironically, waiting periods are even longer for nationals of India and China—the very countries that are key recruiting grounds for the professionals desperately needed in many innovative fields.

In the past, we have succeeded in attracting the world's best and brightest to study and work in the United States, and we can and must do it again. We must move beyond the debate about numbers, quotas, and caps.

Reader Discussion

 

BW Mall - Sponsored Links