Tight US immigration forces outsourcing: Bill Gates

US high-tech companies are being forced to outsource more jobs overseas because of outdated restrictions on immigration, Microsoft chairman Bill Gates told Congress Wednesday.

Gates, echoing a longstanding complaint from the technology sector, told a congressional panel that the US immigration system “makes attracting and retaining high-skilled immigrants exceptionally challenging for US firms.”

Like it or not, the world is increasingly flat, and if the US erects barriers to immigration and trade, then it will simply go elsewhere.