How would this work in a global economy. You don't need people to be on site to do the job?

So this means the prevailing wage classification needs improvement as not all IT Jobs are the same and I do strongly support your second point of making it not tied to the company.

H1-B is only granted if a US Citizen or a permanent resident is not available or willing to take the position. Just make sure that these are followed to stop abuse. Quotas make it difficult to companies to hire people here and if the pain to hire here is more than managing an offshore team say bye bye to American jobs. Also there are many indirect jobs that are created with the filling of the position. There are abusers of every provision and decisions should not be made on these bad apples.

We do the same too.