30 sec video: real wages are still below 1970s! Immigration slows raises
From the video, produced by NumbersUSA:
Large numbers of politicians, their staffs and the lobbying class believe that wages for Americans have risen enough. They know that, without maintaining and even increasing mass immigration, the labor market will continue to tighten and force wages higher. And they apparently don't want that to happen.
Large numbers of politicians, their staffs and the lobbying class believe that wages for Americans have risen enough. They know that, without maintaining and even increasing mass immigration, the labor market will continue to tighten and force wages higher. And they apparently don't want that to happen.
The economy is moving in the right direction. But adjusted for inflation, wages in many occupations are still below 1970s wages.
And allowing immigration to continue at one million a year -- flooding labor markets -- could block further wage growth.
Isn't it time to reduce immigration numbers and allow wages to rise more? Let's keep giving Americans a raise.
IMMIGRATION: 1 MILLION A YEAR IS TOO MUCH.
That 1 million a year figure is just for legal immigration. Illegal immigration is 2-3 times higher than that.