Staff Reports
In a shocking revelation that proves just how out of touch the ruling class is, recent data from the Center for Immigration Studies shows that tech workers in the U.S. have seen their salaries and benefits stagnate since 2008, all while corporate profits and stock prices have skyrocketed. The numbers tell a story of American professionals being left out of the prosperity party, with compensation growing at a meager rate of just 0.15 percent per year after accounting for inflation. One has to wonder: where’s the money going if not into the wallets of hard-working Americans?
What’s even more alarming is that STEM professionals are facing a wage reduction, with compensation falling 7.1 percent since 2019, right before the pandemic threw the economy into disarray. While tech executives and corporate fat cats continue to rake in millions, American graduates are being dismissed in favor of cheaper labor from abroad. The government has not only created a system that benefits corporations but also seems intent on importing foreign talent while ignoring the needs of home-grown professionals. Who knew that the land of opportunity was now a free pass for cheap labor?
Gov‘t Data: Salaries Have Been Flat for STEM Workers Since 2008 https://t.co/JlWnja1naC via @BreitbartNews
— JDMALIBU (@RealJDMalibu) September 5, 2024
One can’t help but notice how employment data reveals a slight uptick in tech wages under President Donald Trump, followed by a dramatic nosedive under President Joe Biden. This trend just might hint that Democrats are more interested in appeasing corporate interests than protecting the American workforce. In the grand scheme of things, it’s clear that the administration’s policies are more focused on bringing in foreign workers rather than investing in the capabilities of its graduates. Biden’s decision to bolster foreign work-permit programs, especially without any pushback from Kamala Harris, plays right into the hands of corporations looking to cut costs at the expense of American jobs.
While it is no secret that many in the political establishment continue to cling to the narrative of a STEM labor shortage, the data tells another story. With countless American STEM graduates unable to find work in their fields and foreign workers continuing to flood into the job market, one has to wonder whose interests these politicians are really serving. The claims made by Fortune 500 companies about the need for STEM talent crumble under scrutiny when it’s clear that American workers are just waiting for a fair shot at decent wages and job security.
As the vote banks shift and college graduates sway towards political figures like Harris, GOP candidates must grasp the reality: alienation of one-quarter of educated voters is not a winning strategy. This may require paying serious attention to the struggles faced by American workers rather than throwing them under the bus in favor of a permanent guest worker class. The establishment media may be turning a blind eye. Still, the consequences of these policies are very real for millions of Americans who just want to earn a decent living in the jobs they worked hard to qualify for.
