[JasonC]

The salary they artificially created to cut their margins is up 64% in the last 16 years. Some cut. Margins, meanwhile, are fine. Because workers earn their wages. And once again, we discover that under every argument against economic freedom lies the exploitation theory of Karl Marx.

[B4Ranch]

"Median household income fell for a record fifth straight year in 2004 — the last data available. Yet, aided by recent tax-cuts, consumer spending on non-tradeable goods and services has kept GDP growth at seemingly healthy levels. But this spending comes from the total elimination of current household savings and the accumulation of unprecedented debt. Households spent more than their current incomes in 2005 for the first time since 1933. Indeed, in the fall of 2005, for the first time since 1934, the nation as a whole spent more than it earned as, along with household dis-savings, the government deficit was larger than all business savings."

http://www.freerepublic.com/focus/f-news/1570397/posts?page=21#21

[Itzlzha]

The salary they artificially created to cut their margins is up 64% in the last 16 years.

Hmm....really?

Maybe a little more depth is needed in your understanding of economics...

Sociologist Lisa Catanzarite looked at many different occupations across 38 major metropolitan areas. She found that the higher the percentage of "recent immigrant Latino men" [RILM] in each local job, the lower the wages paid to citizens and established immigrants.

She writes:
"The pay penalty in occupation-MAs [Metropolitan Areas] with 25% RILM [recent immigrant Latino men] amounts to $2,369 per year; at 15% RILM, the penalty is $1,421, and at 5% RILM, $474. These are substantial wage discounts, given that annual earnings average $21,590. In other words, in occupations with 25% RILM, workers earn only 89% as much as workers in comparable fields without RILM."

In other words: all else being equal, if the makeup of your occupation's local labor pool changes from 0% new immigrant to 25%, your income shrinks 11%. (source...http://www.ncpa.org/iss/imm/2003/pd081903c.html and http://www.chicano.ucla.edu/)

And that only accounts for the unskilled Labor market...the % difference is GREATER in the "Skilled" Labor segment. And don't deny it, because the demands for H-1B's PROVES it's more profitable for Companies to follow this business model that GUTS the American Middle Class!

You sound like a cheap cloth salesman..."never mind the quality...feel the width!"

So stuff your cheap Karl Marx allusions...free markets economies are not free if the PLAYING FIELD is not level, and the game is rigged!

[A. Pole]

And once again, we discover that under every argument against economic freedom lies the exploitation theory of Karl Marx.

I am curious, do you think that such thing as exploitation exists? If so, how do you define it?