Best of the Week
Most Popular
1.The Gallery of Crowd Behavior: Goodbye Stock Market All Time Highs - Doug_Wakefieldth
2.Tesco Meltdown Debt Default Risk Could Trigger a Financial Crisis in Early 2015 - Nadeem_Walayat
3.The Trend Every Nation on Earth Is Pouring Money Into - Keith Fitz-Gerald
4.Do Tumbling Buybacks Signal Another Stock Market Crash? - 26Mike_Whitney
5.Could Tesco Go Bust? How to Save Tesco from Debt Bankruptcy Risk - Nadeem_Walayat
6.Gold And Silver Price - Respect The Trend But Prepare For A Reversal - Michael_Noonan
7.U.S. Economy Faltering Momentum, Debt and Asset Bubbles - Lacy Hunt
8.Bullish Silver Stealth Buying - Zeal_LLC
9.Euro, USD, Gold and Stocks According to Chartology - Rambus_Chartology
10.Evidence of Another Even More Sweeping U.S. Housing Market Bust Already Starting to Appear - EWI
Last 5 days
Gold And Silver – Elite Supernova Death Dance In PMs? - 1st Nov 14
Pretium - Canadian Golden Elephant - 31st Oct 14
What USA Today Got Wrong About the Stock Market Fear Gauge - 31st Oct 14
Election Result - Labour Wins South Yorkshire Police and Crime Commissioner - 31st Oct 14
Gold Price Falls, Stocks Record Highs as Japan Goes ‘Weimar’ - 31st Oct 14
EUR/USD - Double Bottom Or New Lows? - 31st Oct 14
More Downside Ahead for Gold and Silver - 31st Oct 14
QE Is Dead, Now You Tell Me What You Know - 31st Oct 14
Welcome to the World of Volatility - 31st Oct 14
Stocks Bear Market Crash Towards New All Time Highs as QE3 End Awaits QE4 Start - 31st Oct 14
US Mortgages, Risky Bisiness "Easy Money" - 30th Oct 14
Gold, Silver and Currency Wars - 30th Oct 14
How to Recognize a Stock Market “Bear Raid” on Wall Street - 30th Oct 14
U.S. Midterm Elections: Would a Republican Win Be Bullish for the Stock Market? - 30th Oct 14
Stock Market S&P Index MAP Wave Analysis Forecast - 30th Oct 14
Gold Price Declines Once Again As Expected - 30th Oct 14
Depression and the Economy of a Country - 30th Oct 14
Fed Ends QE? Greenspan Says Gold “Measurably” “Higher” In 5 Years - 30th Oct 14
Apocalypse Now Or Nirvana Next Week? - 30th Oct 14
Understanding Gold's Massive Impact on Fed Maneuvering - 30th Oct 14
Europe: Building a Banking Union - 30th Oct 14
The Colder War: How the Global Energy Trade Slipped From America's Grasp - 30th Oct 14
Don't Get Ruined by These 10 Popular Investment Myths (Part VIII) - 29th Oct 14
Flock of Black Swans Points to Imminent Stock Market Crash - 29th Oct 14
Bank of America's Mortgage Headaches - 29th Oct 14
Risk Management - Why I Run “Ultimate Trailing Stops” on All My Investments - 29th Oct 14
As the Eurozone Economy Stalls, China Cuts the Red Tape - 29th Oct 14
Stock Market Bubble Goes Pop - 29th Oct 14
Gold's Obituary - 29th Oct 14
A Medical Breakthrough Creating Stock Profits - 29th Oct 14
Greenspan: Gold Price Will Rise - 29th Oct 14
The Most Important Stock Market Chart on the Planet - 29th Oct 14
Mysterious Death od CEO Who Went Against the Petrodollar - 29th Oct 14
Hillary Clinton Could Be One of the Best U.S. Presidents Ever - 29th Oct 14
The Worst Advice Wall Street Ever Gave - 29th Oct 14
Bitcoin Price Narrow Range, Might Not Be for Long - 29th Oct 14
UKIP South Yorkshire PCC Election Win is Just Not Going to Happen - 29th Oct 14
Evidence of New U.S. Housing Market Real Estate Bust Starting to Appear - 28th Oct 14
Principle, Rigor and Execution Matter in U.S. Foreign Policy - 28th Oct 14
This Little Piggy Bent The Market - 28th Oct 14
Global Housing Markets - Don’t Buy A Home, You’ll Get Burned! - 28th Oct 14
U.S. Economic Snapshot - Strong Dollar Eating into corporate Profits - 28th Oct 14
Oliver Gross Says Peak Gold Is Here to Stay - 28th Oct 14
The Hedge Fund Rich List Infographic - 28th Oct 14
Does Gold Price Always Respond to Real Interest Rates? - 28th Oct 14
When Will Central Bank Morons Ever Learn? asks Albert Edwards at Societe General - 28th Oct 14
Functional Economics - Getting Your House in Order - 28th Oct 14
Humanity Accelerating to What Exactly? - 27th Oct 14
A Scary Story for Emerging Markets - 27th Oct 14
Could Tesco Go Bust? How to Save Tesco from Debt Bankruptcy Risk - 27th Oct 14
Europe Redefines Bank Stress Tests - 27th Oct 14
Stock Market Intermediate Correction Underway - 27th Oct 14
Why Do Banks Want Our Deposits? Hint: It’s Not to Make Loans - 26th Oct 14
Obamacare Is Not a Revolution, It Is Mere Evolution - 26th Oct 14
Do Tumbling Buybacks Signal Another Stock Market Crash? - 26th Oct 14
Has the FTSE Stock Market Index Put in a Major Top? - 26th Oct 14
Christmas In October – Desperate Measures - 26th Oct 14
Stock Market Primary IV Continues - 26th Oct 14
Gold And Silver Price - Respect The Trend But Prepare For A Reversal - 25th Oct 14
Ebola Has Nothing To Do With The Stock Market - 25th Oct 14
The Gallery of Crowd Behavior: Goodbye Stock Market All Time Highs - 25th Oct 14
Japanese Style Deflation Coming? Where? Fed Falling Behind the Curve? Which Way? - 25th Oct 14
Gold Price Rebounds but Gold Miners Struggle - 25th Oct 14
Stock Market Buy the Dip or Sell the Rally - 25th Oct 14
Get Ready for “Stupid Cheap” Stock Prices - 25th Oct 14
The Trend Every Nation on Earth Is Pouring Money Into - 25th Oct 14 - Keith Fitz-Gerald
Bitcoin Price Decline Stopped, Possibly Temporarily - 25th Oct 14

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Free Forex Forecasts

Immigration Hurts American Employment

Politics / Employment Jun 20, 2012 - 07:43 AM GMT

By: BATR

Politics

Best Financial Markets Analysis ArticleFacts mean very little in any debate about immigration north of the Rio Grande. One such example comes from a bastion of journalism, the Daily Beast. Arian Campo-Flores in an article, Why Americans Think (Wrongly) That Illegal Immigrants Hurt the Economy, cites an economist, Gordon Hanson in a 2005 paper.


"Hanson analyzed how the size of the undocumented population and its use of public assistance affected attitudes toward immigration. He found that among low-skilled workers, opposition to immigration stemmed mainly from the competitive threat posed by the newcomers. Among high-skilled, better-educated employees, however, opposition was strongest in states with both high numbers of immigrants and relatively generous social services. What worried them most, in other words, was the fiscal burden of immigration."

The irony is that for all the overexcited debate, the net effect of immigration is minimal (about a one tenth of 1 percent gain in gross domestic product, according to Hanson)."

This last contention that adverse consequences are minimal, illustrates the withdrawal from reality of defenders for the latest Obama unconstitutional initiative to eliminate the rule of law.

Senor Campo-Flores needs to deal with the essentials of a report in the End of the American Dream, 10 Things That Will Happen If Barack Obama Continues To Systematically Legalize Illegal Immigration.

#1 There Will Be Fewer Jobs For American Workers

In the United States today, 53 percent of all college graduates under the age of 25 are either unemployed or underemployed. Many of them are absolutely desperate for work.

#2 Wages For American Workers Will Continue To Decline

When you have a lot more workers competing for the same number of jobs, what happens?

That is right - wages go down.

#3 Illegal Immigrants Will Overwhelm Our Welfare System

Every year, illegal immigrants receive tens of billions of dollars in welfare payments. They get free food assistance, free housing assistance, free health care benefits and free education for their children. Life is good if you are an illegal immigrant and you know how to game the system.

#4 Mexican Drug Cartels Will Establish A Presence In Nearly Every City In The United States

Mexican drug cartels continue to expand their influence inside the United States at a frightening pace. They are slowly taking over our communities. How far do things have to go before we say enough is enough?

#5 There Will Be Increasing "Anti-American Violence" Inside The United States

These days a lot of Americans are being attacked (and sometimes killed) down in Mexico.

#6 Massive Bribes Will Corrupt Our Judicial System

When there are billions of dollars involved, it is inevitable that some members of the police and some members of the judiciary will take bribes.

#7 Gang Activity Will Continue To Grow In The United States By Leaps And Bounds

Gang activity is absolutely exploding inside the United States.

#8 The Decline Of Our Health Care System Will Continue To Accelerate

Illegal immigrants are overwhelming emergency rooms all over the country. They walk in, receive high quality treatment and often never pay after they leave.

#9 Legalizing Illegal Immigrants Will Cause A Huge Shift In Voting Patterns

Instead of looking out for the American people, many Democrats support legalizing illegal immigration because it will give the Democratic Party more support at the polls.

#10 There Will Be A Flood Of New Illegal Immigrants

Amazingly, far more people move into the United States illegally than come in through the legal immigration process.

The structural aims of dismantling the mythical "melting pot", into a hostile camp of alien factions is the vicious objective of the ruling class. Couched in the liberal minded attitude of progressive altruism, anyone who defends traditional values and prudent borders are condemned as the scourge of society.

If the big 10 breakdown aftermaths are not enough to push your blood pressure to a new level, why concern yourself about the economic fallout from the immigration highway to oblivion?

The provocative proponent for a coherent immigration policy, Frosty Wooldridge in What Illegal Immigration Costs You the Taxpayer, makes the point.

"The lifetime net fiscal drain—taxes paid minus services used—for an adult immigrant is $55,200.00 according to Carrying Capacity Network. Who makes that money up? You do! Your work! Your taxes!

With a minimum of 15 million illegal aliens in our country, these figures are the tip of the iceberg.

You can count on your corporations devouring cheap labor as they send you to the unemployment lines. Additionally, they pay PAC groups to keep senators and congressmen in their back pocket. How do I know? Virtually zero companies in 2011 were taken to court for hiring illegal aliens. None went to jail. However, it’s a $10,000.00 fine per illegal alien hired and up to five years in prison. You would think that would deter corporations. Not when they’ve bought off enforcement!"

The impoverishment of America and the massacre of the middle class is the conscious intent of an "Open Border" stratagem. As business conditions continue to deteriorate and employment options diminish further, the influx of illegal immigrants drives a stake in the fiber of a once viable country. Not all the bleeding heart empathy in the world can build prosperity in a sinking economy.

The political betrayal that allows the unremitting import of peasants only dilutes the standard of living of native-born citizens. President Obama wants to be a nobility bandit that steals from the Old Gringo. His arbitrary and capricious dictates, best explained in the "Fast and Furious" saga, drags down the vary tenants of a free society. How can commerce thrive when institutional corruption flourishes?
American nationals deserve a better country. Illegal aliens have no moral claim on the earned wealth of ordinary workers. Lowering the standard of wages, adjusted for the true rate of inflation, is a guaranteed formula for a disaster. Government denial and enforcement avoidance of existing immigration statutes can only destroy what little respect that exists for political elites. Obama’s fiat decree is just the latest example of another nail in the coffin of the national body.

James Hall – June 20, 2012

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2012 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2014 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Free Report - Financial Markets 2014