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by verylongname 2931 days ago
The bargaining power of workers is being undermined by large-scale immigration and by trade policy. The National Academy of Sciences report on immigration found that current immigration policy diverts a shocking 500 billion dollars a year away from wage earners (and a net benefit to the economy of about 50 billion dollars a year from immigration). I suspect trade policy has an even bigger impact.

Everything else is lower order.