I am not saying everyone on H1B is as well. Yet the overwhelming majority of uses I see of H1B is to get a lower wage full stop. I do work extensively with offhsore resources and have worked with H1B's for over 20 years.

I don't begrudge them recipients for taking the jobs. My issue is the corporations who are abusing a system to make themselves more money while simultaneously destroying local talent. It is a death spiral of greed, yet they seem to be oblivious to it.

I can't say I understand this argument. Say an American company X outsources to a foreign company Y. Y abuses the system and hires a bunch of H1B and pays them pennies to the dollar. X is still paying Y dollars and not pennies right? Sure, the H1B is working for lower salary, but X's cost is still not a lot lower than hiring locally right? I see how just shipping the jobs to India/China might have the effect you are describing, but I don't think hiring H1B holders is the same thing.