You’re missing the point of the H1B. In the current economy with engineers taking several months to land a job the H1B numbers need to be cut. The H1B is a program to augment US talent, not replace it.

There is a history of abuse with the program and it does need to be reformed. But that is not the reason current numbers need a hard look at. There is enough talent right now looking for jobs without the need for fresh H1B. The only reason why a company would go for a fresh H1B is cost arbitrage, which is against the spirit of the visa.