Infy cuts H1-B visas to reduce overseas bench

Ref: http://www.bpowatchindia.com/bpo_news/infosysh1-b/may-23-2009/infy_cuts_h1-b_visas.html

" Infosys Technologies – which holds the largest number of H1-B visas among all the Indian IT services companies – has started reducing its ‘overseas bench’ strength.to the latest update from the US Citizenship and Immigration Services, as against an available upper cap of 65,000 as mandated by the US Congress, to only about 45,000 H1-B visa applications received as of May 19 this year. Other than the global recession, experts say the fact that each H1-B visa costs about $3,000-5,000 per applicant is reason enough for companies not to invest so much on obtaining such visas."
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Well readers, it seems that "The times they are a changing" as the reality of the need to restructure old concepts about corporate America's "addiction to profit at any cost" sinks in. The wakeup call is simply stated, if people don't have jobs they don't buy things, they can't plan for a future by savings and investments, education, quality of life, and the infrastructure of states like California begin to collapse in economic chaos. A rather interesting quote from the referenced article above provides a final touch of irony as the India outsource companies struggle to survive:
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" Of late, most India companies have increased their uptake of local talent in the US. Wipro has already announced its intention to hire over 750 US workers for its newly opened centre in Atlanta. IT major TCS is also focussing on more US citizens in its workforce, according the company’s COO N Chandrasekharan. “It’s important to create critical mass and have a local delivery capability to service onsite clients. If we do this from India, it will be quite costly.”
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It looks like the old saying "The squeaky wheel is the one that gets the oil" is coming true. However, now India companies want to HIRE Americans ... but wait ..... The money STILL goes to India if the bossman is from India ! Why not promote a national movement to help USA companies to hire Americans ? Then the money will STAY in America. Given that concept, I say "MADE IN AMERICA" should also apply to American company jobs .... President Obama has stated that he wants to give tax breaks for companies that hire Americans ... I say that we make sure that the tax breaks go to American companies and NOT non American companies.....what do you say?