Agreed, the goal is to drive down prices of IT salaries. I find it disingenuous of PG to indicate otherwise since he sits on the side of the table that directly

Agreed, the goal is to drive down prices of IT salaries. I find it disingenuous of PG to indicate otherwise since he sits on the side of the table that directly benefits from a cheaper IT labor market. I have worked at numerous places where they have hired on H1Bs. One of those employers did so because they were looking for good talent no matter where they could find it and H1B holders were paid fairly. Every other employer was doing it because they could pay lower wages and force longer hours on H1B holders since they are in a sort of held-hostage situation. In one case developers were frequently working such long hours that they would just sleep at the office and only go home once or twice a week. This same place was paying their entry to mid developers in the 25K to 35K range and their most senior developers were making less than 50K.