Could it not just be explained in terms of dollar value (actual and projected) instead of harping about missed out talent.. Since most of the companies that tak

Could it not just be explained in terms of dollar value (actual and projected) instead of harping about missed out talent.. Since most of the companies that take in H1-B applicants operate globally, their cost of recruiting employees locally could have gone down (due to depressed job market and low attrition rates) making local recruiting much easier. In simpler words thanks to the fed printing press, local workforce might be becoming more competitive :)