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Caps on high skill immigrant workers might be worth the tradeoffs, but I think we as a society should acknowledge they are serious tradeoffs.
Let's say the US has X amount of specialized talent and thus they can only do Y amount of productivity with in a year. If companies in (or investing in) our country are so productive and there's enough market demand that they want to do creation over Y, then limiting access to talent over X puts a cap on growth.
Now I know, the general response is "because those jobs should go to the locals!" but the thing is, talented local people already have jobs. If they're hard working and capable, then they're mostly already doing their part in achieving Y (or doing something else in another industry) because companies want them.
As any hiring manager knows nowadays, the job pool is mostly incompetents, liars, lazies, addicts, or otherwise unwanted because of a serious flaw. It's the same way that dating apps like Tinder are mostly used by the unpleasant and unwanted, the good ones are already picked through. Of course just like the apps there's often some amount of pickings but they're limited and get scooped up quick of course and we're still overall limited to Y production. Even during periods of layoffs, companies don't tend to fire their best talent, they fire the weaker ones so even picking through those is still trying to find a diamond in the rough.
Now maybe that's what we as a society want, jobs programs for the lazy drug addicted idiots being put in roles above their worth, and we're willing to sacrifice efficiency in key industries for it. And maybe it's worth it if we put hard limits on economic growth and only allow Y production no matter how much market demand exists. Maybe it's worth it in the same way that some leftists felt promoting some minorities above their skill level was worth it.
But that's a discussion with some hard tradeoffs is it not?
What do you mean 'high skill immigrant workers'?
There's a world of difference between 'mid javascript jockey', 'mid accountant', 'mid miscellaneous office worker' and 'fabulously talented UV lithography genius' or 'hypersonic plasma fluid dynamics expert'.
I suspect you don't mean the latter but the former, since you're talking about 'the job pool' rather than 'high powered R&D positions'.
If mass immigration were so great, we'd see the rich countries with the highest immigration rates having huge productivity growth, right? Canada and Australia have been much more aggressive in mass migration than the US. They're fairly free market anglo-derived liberal democracies, the closest analogues to the US. Australia has a points system supposedly targeting skills shortages and 'high skill migrants'. Both Australia and Canada have had a terrible time in terms of prosperity and economic growth, despite (because of) all this immigration. Canadian GDP per capita has been stagnant for about a decade. In truth it's not high-skill immigrant workers that are coming in, many of them just do food delivery. There are a small fraction of actually-high-skill workers and a huge number of people gaming the system to work or gain access to a richer country than their birthplace, which is understandable but not necessarily in the national interest.
The US gets most of the best anyway, since why would anyone really talented think 'I want to move to Australia and start a company there.' Tiny market size, limited capital, great distance from the rest of the world, barren manufacturing sector, high energy prices...
If you're gonna have immigration, better 'high skill migrants' than refugees from shithole countries. But better still to just skim the very best, the actually high skill migrants. If a company wants to bring someone in, charge them 200K as a flat fee to ensure they're really getting their money's worth, that they absolutely need this person. If a university wants to bring someone in, make sure they'd be in the top 5% of domestic students, were they a domestic. The US could cut immigration 98% and do just fine.
See also: https://arctotherium.substack.com/p/brain-drain-as-geopolitical-strategy
Do we then need jobs programs for the civilizationally impaired, those peoples who couldn't make a rich, safe country themselves? This line of reasoning cuts both ways. If Americans are so lazy, inept and stupid, shouldn't these talented and deserving foreigners stay at home rather than come to babysit these lowlife Americans who don't know how to do anything? Americans invented Javascript, one imagines they can find some mid Javascript developers at home.
At first read I think they clearly meant "'fabulously talented UV lithography genius' or 'hypersonic plasma fluid dynamics expert'."
Reading it again, I think they probably mean both the above and "'decent javascript jockey', 'decent accountant', 'decent miscellaneous office worker'"
I'd say the history of North American population and productivity growth shows fairly clearly intelligent immigration is fairly effective at this.
I will also say, as a Canadian, what we've been doing in the last 5-10 years has been anything but intelligent immigration. We've essentially flipped from having a logical points based system to wholesale importing of low quality human capital (to put it delicately).
I agree with your prescriptions for how to run a good immigration system. What's sad is the west already figured this out, I don't know why we decided to fuck it all up. Actually I do, line must go up, labour must be cucked.
Yeah, they game the entrance system. Canada too supposedly has a 'skills based' immigration system but like Australia it's a joke. Universities are supposed to admit people who pass a rigorous test but they're phenomenally greedy and the entrance requirement is de facto 'has money and a pulse', nevermind plagiarism or anything else. And then there are fake journal articles they write to seem smart...
Every test becomes something to game and it's hard to convince people to test rigorously if their financial interests are advanced by bringing in high fee paying foreign students. On balance I think it'd be better for universities to receive no more money from foreign students than domestics, possibly less. Right now there are perverse incentives. The university business model should be to educate the domestic talent base first rather than bring in as many foreign students as physically possible, only if there's surplus capacity should foreign students be admitted, or if there's some other special reason like exceptional talent.
This appears to be a consistent failure mechanism with all "high skill immigration." Because there are clear metrics, they are clearly game-able by motivated by people who are from a worse country and have no buy in to the social contract of the country they are moving to.
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