With a million plus US citizens displaced (by H-1x & L-1X) in favor of cheap foreign labor!! At least four times that number affected by wage stagnation!!! Rampant age discrimination..
What did you really expect!!
Vast numbers of foreign workers keep on flowing in
~140K H1-B's each year.
~50K medical workers per year. (leftover H-1B's visa quota from the tech crash). ~70K L1-x's per year..
The DHS just added another ~400,000 F1 visa holders to the mix. (Extending their post grad stays (& work authorization) by 17 months.)
All into a collapsing job market!!!
No the US isn't going to be recovering anything!!
Right now the US suffering a credit crash due to a reduction in credit worthiness. Adding more below average income workers into a finite job market is exactly the WRONG medicine.
This economic crash is going to get much deeper, and the idiots in charge are blind to the obvious indicators.
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