War Room founder Steve Bannon talked with senior editor of Revolver News Darren Beattie about H-1B Visas on Saturday. Beattie warned that H-1B Visas were a scam and had nothing to do with recruiting talent. It was about cost-cutting to save tech companies from paying real wages to American citizens.
Bannon asked Beattie what was occurring with the situation regarding the H-1B Visas.
“What’s transpired over the last couple days and how important is this fight?” Bannon asked.
“On the one hand we are hearing stuff about oh, we want attract the highest skilled, highest talent and I think it’s important to understand that talent and cheap labor are very different things.” Beattie said.
“Do these tech companies want the H-1B because they are really exceptionally talented, or do they want them simply because it’s economically beneficial?” Beattie asked.
“Their benefit is the expectation of a green card and chain migration at the end, so it’s really the taxpayer who are footing the difference there. That’s the whole reason that sort of the privatized profit, socialized cost models that makes the H-1B so efficient, and so, it’s not really a natural market determined price equilibrium,” Beattie warned.
Beattie also said that this program should be cut out of the government budget.
“H-1B precisely because it passes off the cost of the H-1Bs onto the taxpayers, should be on the DOGE chopping block, not something that DOGE is promoting,” Beattie said.
“Your economic argument, which is so brilliant and how this leads to chain migration and taxpayers pay for their own destruction,” Bannon had asked Beattie to explain how that happens.
“H-1B is not about talent, it’s not even about high skill. What it’s about is cost cutting,” Beattie said.
“The H1-Bs work for far less than an American would,” Beattie continued.
“The market is distorted by the H-1B process because in exchange from the H-1B recipient side, they say ok we are gonna go to the US, take a low wage, which is not probably low compared to their home countries,” Beattie said.
“The real sweetener as I said is the expectation of getting a green card, which will ultimately allow for chain migration and then of course all of the children that are born from that chain migration wave. Those children are automatically citizens,” Beattie warned.
“All of those costs are not borne by the tech companies hiring the H-1Bs, they are borne by the United States taxpayers,” Beattie warned.
Watch:
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