Jason Friedberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I've been saying this here at CNBC, this we can start up for a decade.
There's massive abuse on the bottom half and it's necessary on the top half.
If you're bringing in IT people for $40,000 to $80,000, it's not viable to put a $20,000, $30,000, $40,000 fee on top of that.
But if you're Google or Facebook and you're bringing in a PhD in AI who's going to get paid a million dollars, well, that $100,000 fee, $20,000, $30,000 a year, whatever it winds up being.
is nothing.
It's de minimis.
I take it one step further, Freeberg.
I think we should be auctioning these.
Yeah.
And the way to really do this, and this is Trump's superpower, is turning something that's a cost center into a profit center.
I always give him credit when he does something brilliant.
And the brilliant thing to do is to take the $100,000 and make it an auction.
I would auction off...
half of these to the highest bidder.
And then you would have Google, Facebook and medicine, instead of give me you know, 100,000 of these at the rack rate, they would be saying, Hey, I need 10 of these, for sure, I'm going to bid a million, I need another 100 of these, I'm willing to bid 750.
And then take that money and just allocate it to vocational training and retraining.
You know, the problem is this administration has two different sides.
You have the brilliant people in this administration who I admire very much, like Letnick and Sachs and the business people.
And then you have the knuckleheads in my mind, the people who are doing the stuff that ICE agents and the deportations.
And the perfect example of this has come up with the H-1B visas.