Shutting down H1Bs is extremely stupid because >50% of our unicorn founders are first generation immigrants that started out on the H1B. They are the greatest creators of jobs in the entire economy. Shutting down the H1B is a dark horse for the end of American success.
It’s just populism with no long term planning. They’ve decimated the job market, people are hurting, have given folks someone to hate, it’s an easy win for them.
A lot of Trump's support comes from people wanting to and happy to blame immigrants (of all kinds) for legitimate grievances - such as unemployment, expensive healthcare, housing, and inflation. The distinction between legal and illegal immigration is blurred not only by Democrats but also the economic populists occupying Trump's base. This is aimed at them.