WSJ and Forbes are not at all out to lunch.
The represent the interests of people who benefit from cheap labor and want to glut the American labor market to tilt the balance of power between labor and capital massively in favor of capital. They represent the interests of people who want a borderless world governed by a corporate plutocracy.
A far thinking capitalist would remember Rome. The capital gain from short labor is short term if the capitalists become an endangered minority.
Patriotically speaking, and thinking of their own posterity, they are short-sighted... out to lunch. And, I say this as someone who has benefited through the capital markets.