The Chamber of Commerce wants American jobs to have a ceiling of $60K and a floor set at the minimum wage, with plenty of illegals to ensure that as many people work at the floor level wage as possible. They don't need to protect lower paying jobs from H1B visa holders because the illegals are there to drive the lower end of the pay scale downwards.
If low end jobs don't pay enough for people to work, then the COC wants them replaced by illegals or wants the government to subsidize cheap wages with the EITC, Obamacare or other public benefits that reduce their costs and reduce the incentives for employees to demand higher wages.
In brief, what the COC wants is a return to feudalism, where the vast majority of employees are indentured servants or serfs.
I’ve posted on various threads over the past few years that anyone making $50K or more has forces scrambling furiously behind the scenes to either move the work elsewhere or bring foreigners here to do it. You’re exactly right with the feudalism analogy; our overlords have determined a new (lower) standard of living, and are shunting people into it with various schemes like the H-1B program.
On Asian (American) co-worker was disgusted to see how much some foreigners were being paid (in a financial field); it wasn’t much less than Americans, but they could be regularly worked 60+ hours per week (and the whole benefits arrangement was scaled back). Illegals can’t be used to fill some low-wage jobs (as in fast-food chains, where hiring illegals isn’t an option); instead, they just import masses of illiterate/unskilled LEGAL aliens to do it. I’m shocked at how many bank tellers are foreign, and how many branch managers speak with accents; all of these jobs had been done by Americans in the past.
The EITC, ObamaCare, and SNAP are all designed to force American taxpayers to subsidize the “minimum standard of living” the lords of the feudal manor have set for these invaders.