Of course economists say that – they represent biz interests who just want more cheap labor. Oversupply of anything drives prices down – including labor.
Flooding labor markets is what threatens job.
Cheap labor also destroys tax bases, and destroys real estate markets.
Customers who don’t have good incomes aren’t going to be buying products, Mr. Economist.
This is all hype to further enrich the elites.
Not to mention wage manipulation is a Federal crime under US law.
Rather, it is elites who are paid too much.