Fair enough. What you could do is to split the 55,000 visas into 50,000 for US entities hiring foreigners. Then you could have a separate 5000 H1-Bs for foreign companies operating in the US. None of the latter would ACTUALLY be able to hire a single person realistically, because Wipro/Infosys etc would just grab those 5000 completely. But at least the other 50,000 would go towards startups and the Googles/Facebooks/etc of the world hiring foreign talents.
The problem is, if we did that, the rest of the world would retaliate, and the USA sells more abroad than at home (we are a net exporter of technology); we still wind up screwing ourselves and losing jobs in the process.
