Stop Blaming Immigrants: The Real Wage Problem Is Corporate Offshoring — and the Answer May Be a Tariff on Wages
For decades, Americans have been told a simple story about why wages have stagnated: too many immigrants, too few jobs.
For decades, Americans have been told a simple story about why wages have stagnated: too many immigrants, too few jobs.
But the real story — the one backed by data — is far more complex and far more inconvenient for those in power.
It isn’t immigrants who hollowed out America’s middle class. It’s corporate offshoring, outsourcing, and labor arbitrage — the deliberate practice of chasing the cheapest labor on Earth to inflate profits at home.