Posted on 02/20/2020 7:48:51 AM PST by caww
Lower migration is driving up blue collar wages, and those extra wages are stabilizing the U.S. economy, says the Economist magazine, which serves as a community newspaper for globalist elites......The admission of rising prosperity comes in a sour-toned February 13 article, and 'is buried' under multiple warnings about future disasters.
The Economist article is headlined “Delayed reaction: Immigration to America is down. Wages are up.” ....It provides more good news — that President Donald Trump’s Hire America’ policy is even boosting wages in the midwest.
Even the warnings were full of good news about how higher wages are forcing companies to invest in the labor-saving machinery which allows Americans to get more work done in less time.
The first term success by Trump — and by the voters who put him into office — is torture for pro-migration groups who have long insisted Americans somehow gain when migrants swell the number of jobs in the economy by entering U.S. job sites and housing markets.
But an increasing number of experts are grudgingly admitting a reduction in migrants boosts Americans’ average wages, the government’s tax receipts, and politicians’ reelection votes.
The Economist is a pro-globalist publication that favors companies and investors, and so it supports the mass migration of unskilled and skilled workers into the United States and Europe. Its recognition that reduced migration can benefit a nation’s citizens and their economy is a notable win for Trump’s populist voters.
(Excerpt) Read more at breitbart.com ...
first, kill all the economists
“Lower migration is driving up blue collar wages, and those extra wages are stabilizing the U.S. economy”
Well duh.
To the Economist: No shit. This is something that anyone with a basic understanding of economics understands intuitively. The Economist has been lying to it s readers for over 50 years.
I won’t argue with that!
Fewer locusts means more crops? I would have never guessed.
Note the end of the article, however:
Quote——————————————————————————
But the Economist articles said little about the huge level of white collar immigration into the United States which has devastated college graduate careers and salaries from New York to California:
The number of highly qualified immigrants continues to rise. San Francisco airport remains just as crammed with Allbirds-and-gilet-wearing tech investors from all over the world.
So far, American graduates have yet to see any cutback in white collar migration, or a boom from Trump’s Hire American, pro-American, economic policies.
Govt data shows 1 million Indian contract-workers get white-collar jobs in tech, banking, health etc.
The Indian hiring ignores many EEOC laws & is expanding amid gov’t & media silence.
It is a huge economic & career loss for US college grads.#S368 #H1B https://t.co/pqEW9yJ89c
— Neil Munro (@NeilMunroDC) February 17, 2020
Unquote-—————————————————————————
We really need to invest in OUR white collar workers, too. All the high tech firms and CEOs give to Left wing causes yet screw the American high tech worker.
Theoretically, the US is pushing the concept of STEM careers for young people. I think that’s risky. Companies like to hire cheap foreigners. A STEM career is not necessarily a good career path. There is always someone younger and cheaper.
In other words, this isn't Obama's economy -- it's Trump's.
I work in finance for a major bank. The group I was in for the last year had 12 people. I was one of two.....TWO Americans.
Again, I work in finance - not in tech.
That’s ridiculous.
Point taken!
It's a little vague how the country's future prosperity depends on a steady influx of low-paid manual workers - that was always an untested assumption that when practiced has resulted in the weakening of every European welfare state that's tried it to date. Flooding the market with them turns out to be pretty hard on those who are already here, American or otherwise. And "jobs Americans won't do" was always a ridiculous lie.
The smoke has cleared on that bit of obfuscation to reveal social activists screeching simultaneously that such workers are ruthlessly exploited, societies built upon their backs, and that what we really need is more of them. Where that sort of labor experiences scarcity, it is better compensated - iron law of economics. That is the only practical route to a "fair" wage - government mandating through minimum wage laws only hurts the system. As we are learning when we try it. What makes an activist is that they don't learn.
And therefore less in need of "help," which means Democsrts must stop it pronto!
"Liberals measure compassion by how many people they're helping. We measure compassion by how many people no longer need our help." -- Jack Kemp
Had a conversation with a truck terminal guy complaining they didn’t have enough drivers so they had to hire illegals. I asked him to tell me what time in history ‘did they have enough’ drivers?.....he drew blanks.
There are certain jobs which have a continual flow of openings and applicants, regardless of immigration the turnover is always like a revolving door. These are not jobs people take to do indefintely but generally as a means for income while they are out of work or looking for work otherwise to their liking.
So they need to compare apples to apples which they never do.
For 30 years globalists have been perverting the USA’s labor market with unbridled LEGAL immigration. They now FEEL ENTITLED TO A UNENDING CHEAP UNLIMITED LABOR SUPPLY. The concept of competing for labor by raising wages is both new and alien to them even though they do that for every other commodity they use/buy.
A tight labor supply, rising wages and a booming economy used to be called, wait for it, wait for it, ......... PROSPERITY.
There's a reason when we see young male refugees and illegals all at military age coming in swarms.... just as young mothers and single women come to acquire welfare benefits for their families.
and throw them in unmarked graves?
Who want's that? Seal the border now!!!!
That’s what I would like as well...but that isn’t going to happen. About 7 or more years ago they stopped using the words that would indicate any degree of ‘closing’ the border..... now it’s all about just “controlling” the border.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.