I'm more than willing to look at all the evidence regarding the benefits or lack thereof on this issue. So far however what I've seen from reliable sources is real wages are down, particularly in certain sectors of the economy including manufacturing and high tech.
What's more important is that real people are losing their jobs in greater numbers and it's beginning to show itself politically.
My peak earning years were in the early 80's, and it's been downhill ever since.
I was making $40/hr as a power plant engineer back then. Now they make closer to $10, if you can find any jobs.
I was making $22/hr as an electrician back then also. Now the rates are $9-$15, again, if you can find any jobs.
Maybe I'm living in a bubble, but I don't see any wages going up except lawyers and politicians.