Best of the Week
Most Popular
1.Gold Price Target of USD 2,300 - GoldCore
2.Greece Banking System Collapse Monday as ECB Pulls the Plug, Capital Controls Ahead of GrExit - Nadeem_Walayat
3.Why British Muslims Are Leaving Elysium Paradise for Syrian Hell - Nadeem_Walayat
4.Greece BANKRUPT! Financial and Economic Collapse to Follow IMF Debt Default - Nadeem_Walayat
5.Extreme Gold/Silver Shorting - Zeal_LLC
6.European Empire Strikes Back Against Greek Debt Fantasy, Counting Down to GREXIT - Nadeem_Walayat
7.Gold And Silver – Three Choices: Sell, Hold, Hold and Add. A Trading Treatise - Michael_Noonan
8.Gold and Silver Price Headed for Breakdown - Jordan_Roy_Byrne
9.Greece Crisis OXI - Raul_I_Meijer
10.Flatline Investing and Dead End Debt Schemes - Doug_Wakefield
Last 5 days
Dow Stocks Bear Market Underway - 6th July 15
Marc Faber Warns of Greece Crisis Contagion Very High Risk - 6th July 15
Greece to Print Counterfeit Euros or IOUs, Hyper-Inflation Beckons - 6th July 15
Stock Market, Investing Big Picture - 6th July 15
“Oxi!” - Greeks Defy EU As Varoufakis Resigns To Ease Tensions With “Partners” - 6th July 15
Stock Market Rally in a Downtrend? - 6th July 15
Silver Price Consolidating Ahead of Another Sharp Drop - 6th July 15
Gold Price Gravitating Lower Towards $1000 - 6th July 15
Syriza Convinces Greece to Commit Suicide, GrExit Beckons, Market Reaction - 6th July 15
Financial and Commodity Markets Become Scary: Crash Point Or Turning Point - 5th July 15
A Revolutionary Pope Calls for Rethinking the Outdated Criteria That Rule the World - 5th July 15
Forget 'Haircut', Instead Syriza Plans Beheading of Greek Bank Depositors, Theft of Deposits - 5th July 15
The Pentagon’s 2015 Strategy For Ruling the World Through Endless War - 5th July 15
United States Celebrates the Disastrous Secession From Great Britain - 5th July 15
Greece Referendum Vote Result Forecast Yes Win, But Depression Will Continue - 5th July 15
The Great Greek Economic Depression - 4th July 15
Happy 4th of July Stock Market Analysis - 4th July 15
The Most Pressing Reason Yet You Want to Avoid Investing in Retail Stocks - 4th July 15
Fed’s Full Normalization and the Stock Market - 3rd July 15
The U.S. Dollar's 2014-2015 Rally: Wave 3 in Action - 3rd July 15
Stock Market Where are we? And where are we Going? - 3rd July 15
Xi’s Anti-Corruption Campaign Is Key to China’s Prospects - 3rd July 15
How the New Iranian Nuclear Deal Will Impact Crude Oil - 3rd July 15
China's Stock Market Rollercoaster Ride Continues - 3rd July 15
Gold Stocks Cheap to Buy but Not for Long - 3rd July 15
Capital Controls and a Bank Holiday in Greece… Here’s How You Can Profit - 3rd July 15
Greece's Varoufakis: I will Resign if there's a 'Yes' Vote - 2nd July 15
The Student Loan Bubble: Gambling with America’s Future - 2nd July 15
Inflation Is Lurking, but This Asset Can Protect You - 2nd July 15
Three Total Wealth Stock Investor Tactics You’ll Need Because Greece Isn’t Over - 2nd July 15
Why This $5.6 Trillion Investor Profit Boom Is Set To Take Off - 2nd July 15
Greek Debt Crisis: "Too late to prepare now" - Video - 2nd July 15
Guaranteed US Dollar Death Dynamics - 2nd July 15
The Greek Stress Test & The Reality Of Incremental Changes - 2nd July 15
Forget Drachmas Greece Syriza Government Could Instruct Central Bank to Print Euros! - 2nd July 15
Greece Debt Crisis Trigger for Stock Market Crash or Bull Rally? Video - 1st July 15
Gold Stocks Break Below 2008 Low - 1st July 15
SPX Stock Market Retracement May be Over - 1st July 15
Silver Tunnel Vision 'Experts' - 1st July 15
Gold And Silver - Monthly, Quarterly Ending Analysis - 1st July 15
Europe’s Controlled Demolition - 1st July 15
The End of Dow 18,000; Bailouts No Longer Extended  - 1st July 15
Athens Mayor: Greek Government Should Resign - 1st July 15

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

China Stocks - Where are they going?

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.


© 2005-2015 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

Biggest Debt Bomb in History