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Oh, I agree with you that billions are nothing relative to what this government is spending. Bernanke prints $85 billion every month. Even charging 1 million dollars for each of these 50000 visas would raise only $50 billion.

That said, the guys who could afford to pay that would better than these "lottery" admits. Young STEM grads would also be good. Canada and Singapore have far more rational immigration policies, where there is consideration given to whether a given immigrant will be a net tax-payer or tax-recipient; young STEM grads and entrepreneurs with money are favored categories -- and they do not give away coveted visas at random.

People act as if the US has infinite money to just give away, that we can be never-endingly generous with no consequences, that the quality of person we take in has no impact. Then they turn around and post on Hacker News about how you need to watch your burn rate and only hire the best for your startup.



I think the disagreement is on equating "giving away visas" with "giving away money".




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