That said, what’s eating real wage growth is outsourcing. It’s simple. If I can build a fridge by paying workers in China or Mexico $2/hr vs paying a US worker $22/hr in a manufactury plant, my competition will eventually lose market share and shutter if they don’t also move manufacturing to a cheaper labor market.
Without any import taxes to adjust for labor conditions and costs, thus will put downward pressure on stateside labor markets.
People know this. But they ALSO complain of stagnating wages, while at the same time NOT wanting their US manufactured good to be more expensive than those made over seas!
My school janitors used to be able to send their kids to college and afford a humble house. Retail store clerks (Married with Children). All that is now cheap labor --you can't expect to pay a mortgage and send kids to college/uni. You may be able to afford the cheap apartment and beer --you'll probably end up with some addiction, i nthat situation.
These days that janitor is farmed out to some company that hires either cheap foreign labor or sometimes illegal labor. We see this in chicken processing plants too. And people wonder why the middle class is hollowed out. And why black and white working poor are sick and tired or corporate antics.
[1] - https://www.nytimes.com/2019/05/28/technology/google-temp-wo...
Also, we can't cry "wages have been stagnant since the 70s" and also want to continue ex-patriating jobs and ability to command better pay.
I think part of the promise of increasing the quality of life of everyone after WWII wasn't only out of the goodness of the heart, but also to avoid reaching the level of generalized hate that made it possible in the first place.