Since the H-1B and L-1 Visa Reform Act of 2009 was introduced in Congress this spring, business and political leaders on both sides of the non-immigrant visa issue have interpreted the bill to support their respective causes. Thus, the proposed legislation is either a cure to the job losses and salary declines afflicting American IT workers, or it's a work of overzealous xenophobia destined to do irreparable harm to U.S. global business relations, depending on who is providing the analysis.

The truth is, it's neither.

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