You have bought into globalism without much thought. The wages will be globalized. Didn't you watch the computer programming jobs migrate to India? They'll come back just as soon as the already skilled and experienced software engineers in this country are satisfied with making $6,000 per year.
The scenareo will be repeated for all walks of life. That is where this is headed. Can you really see it any other way?
There is one condition for this to happen. The cost of living in USA has to come to $6,000 per year. It will require either significant degree of socialism or the collapse of prices.