8. Any trend that is detrimental to full employment pushes down wages.
Outsourcing moved manufacturing jobs to other countries and illegal immigration brought down internal wages by letting the pressures of full employment deflate. Productivity has been gaining by leaps and bounds. The lack of pensions and healthcare keeps our seniors in the workforce. And yes, hb-1 visas also contribute.
Anything that does not bring us closer to full employment will push wages down.
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