The major corporations feel no loyalty to the US. Their main concerns are their shareholders and the bottom line. They can relocate their corporate headquarters to anywhere they want and many have. They have already relocated their factories and means of production elsewhere.
For example, many of them support illegal immigrants because of the cheap labor pool, no doubt. But make them legal and IN THE SYSTEM OF USA WELFARE, and suddenly the motivation to work for much lower wages, and the fear factor of being turned into INS or just not having any legal recourse (such as lawsuits, strikes, etc.) is gone. Corporate America either pays them a wage better than welfare benefits or they WON’T FIND ENOUGH WORKERS!
We have a surplus of workers. Wages are going down, not up. We have 25 million immigrants in the workforce, 8 million of them illegal. Wages will continue to decline thru legal immigration. The Senate Gang of 8 bill triples legal immigration to 33 million over the next decade and doubles the annual guest worker visas from 640,000 to 1.4 million a year. Many of these new guest workers will be skilled. Obama's executive amnesty will add 500,000 new tech worker visas--a sop to Zuckerberg and Gates. American college graduates with their big loans are getting screwed.
And as more of the illegal aliens become legal, another crop of illegal aliens will take their place since they will be more attractive to businesses. Also, the unions will benefit from increased membership increasing their political clout.
Legal immigrants use welfare to a greater degree than the native born. Those immigrants will use welfare or take jobs pushing more native born on to the welfare rolls.
Sure, the rest of us gets screwed in the meantime, having now to compete openly with all these fresh workers, but it might not go down like the COC folks think.
We are decimating a whole generation of Americans. The millennials are getting screwed. Some frightening factoids:
#1 The current savings rate for Millennials is negative 2 percent. Yes, you read that correctly. Not only aren’t Millennials saving any money, they are actually spending a good bit more than they are earning every month.
#2 A survey conducted earlier this year found that 47 percent of all Millennials are using at least half of their paychecks to pay off debt.
#3 For U.S. households that are headed up by someone under the age of 40, average wealth is still about 30 percent below where it was back in 2007.
#4 In 2005, the homeownership rate for U.S. households headed up by someone under the age of 35 was approximately 43 percent. Today, it is sitting at about 36 percent.
#5 One recent survey discovered that an astounding 31.1 percent of all U.S. adults in the 18 to 34-year-old age bracket are currently living with their parents.
#6 In 2013, the ratio of what men in the 18 to 29-year-old age bracket were earning compared to what the general population was earning reached an all-time low.
#7 Back in the year 2000, 80 percent of all men in their late twenties had a full-time job. Today, only 65 percent do.
#8 In 2012, one study found that U.S. families that have a head of household that is under the age of 30 have a poverty rate of 37 percent.
#9In 1994, less than half of all college graduates left school with student loan debt. Today, it is over 70 percent.
#10 At this point, student loan debt has hit a grand total of 1.2 trillion dollars in the United States. That number has grown by about 84 percent just since 2008.
#11 Since 2005, student loan debt burdens have absolutely exploded while salaries for young college graduates have actually declined… The problem developing is that earnings and debt aren’t moving in the same direction. From 2005 to 2012, average student loan debt has jumped 35%, adjusting for inflation, while the median salary has actually dropped by 2.2%.
Pedro will now say, “Screw you Senor boss! You pay me $20 an hour or I no work. Welfare be bery, bery good to me! No more Immigracion bus, either, stupeed Gringoes!”
And who do you think pays for Pedro on welfare? The corporations are privatizing the profits and socializing the costs. The consumer and the American taxpayer foots the bill.