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Notes -
First, globalization didn’t suppress the wages of blue-collar workers, it suppressed the wages of manufacturing workers. Blue-collar service workers are doing fine.
Second, it did suppress their cost of living. The idea of going to work “to put food on the table” is an idiom in modern-day America. When an American loses his job, he doesn’t stop being able to literally feed his family. He doesn’t lose the clothes off his back. He doesn’t lose his refrigerator. He doesn’t lose his microwave. Instead, he loses his house, his healthcare, and his children’s formal educational opportunities.
Not even this. You might have to switch school districts because you lost your house, but universities offer scholarships. Harvard is 100% free including room and board to students from families earning under $100k (and has lesser benefits for other income bands).
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