I can't imagine why US engineers would support a bill like this from a benefit analysis perspective. It should be obvious that if you add engineers, prices will go down. I can completely understand supporting it for moral reasons however.
1) It's not a whole lot different than H1-B and those haven't led to wage collapse.
2) Engineers who come into the US tend to start an insignificant number of new businesses, which, in turn, employ other engineers.
3) Countries that severely limit work visas have not turned into meccas of software development.
4) Companies will only increase pay up to a certain ceiling. At some point either the product economics don't make sense, or finding a dedicated development team in Romania/Poland/Ukraine is worth it even with communication overhead.
I like working with colleagues from other countries. (I'm also marrying one.) I'd rather the best of the world do their great work inside of the US rather than outside.
> It should be obvious that if you add engineers, prices will go down.
STEM is not a zero sum game. Adding personnel does not simply cut the pie into more pieces, it grows the pie. It's OK to get fewer dollars if those dollars can buy a self-driving car or a cure for Alzheimer's disease.
