In what way it will make Americans (US labor) more competitive if they get paid $4 or $2 per hour? How will they pay their bills (which are not at the Third World level? How will they get to work without cars?
Curious minds want to know?
Are you out of your mind? Third-world office workers would kill for wages like that.
When CBS followed the CEO of Cypress Semiconductor to the Philippines five or six years ago, they recorded the spiel the Philippine business ministry and their agency in charge of attracting foreign investment laid on for him. They quoted him $8600/year for software engineers and showed him -- introduced to him -- a Filipina secretary who they said would work for $4.86 a day.
Now is it beginning to dawn on you, the stakes we're playing for? Day labor in the States lives like a guild of princelings, compared to people like that secretary.