The U.S. Senate unfortunately voted on Feb. 6 to restrict banks and other financial institutions that receive taxpayer bailout money from hiring high-skilled immigrants on temporary work permits known as H-1B visas.
This is stupid and offensive. Even if you think a temporary form of protectionism is warranted, it's certainly not warranted to protect the banking industry. Are we really so concerned that the very actors who detonated the U.S. economy might have to spend some time unemployed?
