If the H1B is paid $400k, is it really depressing salaries? It's more about having employees that are 10-15% better than the competition if you can, which makes you much more likely to beat them.
Yes, even at 400k it's still salary depression. The whole thing is, essentially, regulatory capture that is being used to do a sort of "arbitrage" over people.
Big corporations in the West are cannibalizing society because governments are failing at defending the interests of the majority due to the lobbying power of a minority.
Mind you I am not talking about an uprising or some bullshit like that, but, for example, the situation around medical service/insurance in the US is appalling.
