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It 100% needs to end...
Like, how it was intended was fine, but now it's used to get employees who can't quit. Sign them to a contract that doesn't get OT and make em work 100 hr weeks when here till they burn out then replace them.
So Americans need to put up with it, or they won't get hired.
Yep, it's basically slavery via holding the visa for foreign workers who have to put up with the corps holding their status over their heads, all while driving down pay for citizens. It was a good thought, but it's being heavily abused now.
I'm not sure when it was a good idea and I also don't know a time when it was not being abused, if I'm being honest. At least in IT (and in general, engineering, or so I've heard) going back to the 90s...
Now, the other threat they hold over our heads is that companies will just outsource if we don't allow this, but that's not a law of nature or anything, either. There is no reason we should not tax such services like that, too.
America kept telling their youth (and probably keep telling them) to "learn to code" because those were the jobs they were told Americans should aspire to, etc. Since I've been in IT since the 90s, I have more than my share of doubts about this promise, since I've seen how we are treated and the strong desire in the corporate world to suppress wages, benefits, any sense of autonomy, etc...if America is serious about this message, maybe they ought to look out for the workers.
America will never look out for the workers. The workers have to unionize. Probably even the H1B employees. I think until that happens, we're going to see wages stagnate and fail to keep up with inflation.
Unfortunately people are so cowed by their employees and the system that they won't unionize.
Personally this is why I think we don't have universal healthcare and basic social support systems. They would enable us to negotiate.