Re:Decline in the labor share of income in the U.S.
by yummyfajitas on Friday October 23, 2015 @09:46AM
(#10438472)
US wages have remained flat only because employers have increased non-wage benefits rather than wages. Worker compensation has done nothing but go up.
https://research.stlouisfed.org/fred2/series/ECICOM
https://research.stlouisfed.org/fred2/series/RCPHBS
In short, everyone has become richer.
Also, outsourcing increases your own standard of living. Foreigners work while locals consume. What next, hiring a maid reduces my standard of living?
Immigration makes workers participate in paying for your society's taxes and paying for its social expenditures. Outsourcing is a vote against your own standard of living. But it helps more people than it hurts, if you ignore national interests!