Millionaires pushing for cheap labor

Sailer notes:

Venture capitalist and fine essayist Paul Graham writes in favor of Silicon Valley billionaires’ efforts to pass the Senate immigration bill, which increases H-1B visas from 85,000 new ones per year to 180,000.

We have the potential to ensure that the US remains a technology superpower just by letting in a few thousand great programmers a year.

Okay, so let’s say “a few thousand” means 5,000. Then what do we need 85,000 H-1B grunts for, much less 180,000?

Yes, we could let in the great programmers, but that would only be about 5k a year.