> This might have a suppressive force on wages

And that's the general problem. People don't care about the overall economy when wages are going down and cost of living is going up. Even myself, I couldn't care less about the overall health of the economy. I care about being able to subsist mine and my family's life style, put food on the table, someday own a home, not live paycheck to paycheck because all the jobs are paying below a living wage, etc.

I'm extremely fortunate to make the salary that I do, but I know plenty of others not so fortunate, in other fields that don't pay nearly as well as tech does, and probably never will. The answer can't be "go into tech" nor should it be "let's suppress wages so labor isn't so expensive for our domestic companies." And obviously offshoring isn't great either.

We can still import talent without suppressing wages, by not abusing the program and actually only importing for roles that truly, beyond all reasonable doubt, could not be filled by a domestic worker.

Usually the next step of this failed discourse is to explain that locals are so entitled that they don't want to do hard jobs for the minimum wage, due to decades of wage suppression done thanks to immigration.

In France, being a cook used to pay very well, now that most cooks in Paris are from India or Sri Lanka, often without a proper visa or at the minimum wage, no local wants to do this anymore (working conditions are awful).

The industry then whines loudly about "the lack of qualified (cheap) workers"