Best of the Week
Most Popular
1.US Dollar Crashes, Gold And Bitcoin Skyrocket As Economic Recovery Lie Is Exposed - Jeff_Berwick
2.Now Obama Warns Americans to ‘Be Prepared’ for Disaster… What Does He Know? - Jeff_Berwick
3.EU Referendum - Britain's Immigration / Migrant Crisis Explained - Nadeem_Walayat
4.EU Referendum - British People vs Establishment Elite, Vote LEAVE an Act of Defiance! - Nadeem_Walayat
5.Prominent Billionaire Investors Warn of Financial Crash, Quietly Position Themselves - MoneyMetals
6.Bankers Warn of BrExit Financial Armageddon if British People Vote for Freedom - Nadeem_Walayat
7.Bad U.S. Jobs Report Prompts Stocks Bear Market Rally Towards New All Time Highs! - Nadeem_Walayat
8.Gold And Silver – Friday May Have Marked A Pivotal Turnaround - Michael_Noonan
9.EU Referendum - British People vs Establishment Elite, the Illusion of Democracy and Freedom - Nadeem_Walayat
10.Felix Zulauf: Monetary Stimulation Creates Bubbles, Not Prosperity Nor Growth - GoldandLiberty
Free Silver
Last 7 days
Venezuela vs. Ecuador (Chavismo vs. Chavismo Dollarized) - 25th June 16
Gold, Silver And PM Stocks Summer Doldrums Risk - 24th June 16
Here’s Why China “Economic Hard-Landing” Worries Are Overblown - 24th June 16
Jubilee Jolt: Markets Crash, Gold Skyrockets as Britain Takes Brexit - 24th June 16
BrExit Morning - New Dawn for Britain, Independence Day! - 24th June 16
LEAVE Wins EU Referendum - Sterling and FTSE Hit Hard, Pollsters, Bookies and Markets All WRONG! - 24th June 16
Trading BrExit - British Pound Plunges, FTSE Stock Futures Slump on LEAVE Shock Referendum Win - 24th June 16
EU Referendum Shock Results Putting BrExit LEAVE in the Lead Hitting Sterling Hard - 24th June 16
Final Opinion Poll Gives REMAIN 52% Lead, Bookmakers, Markets and Pollsters ALL Back REMAIN Win - 23rd June 16
Does BREXIT Matter? Outlook for Sterling - 23rd June 16
Keep Calm and Vote BrExit - Last Chance to Break Free of EU Superstate - 23rd June 16
Here’s the Foreign Policy Trump and Clinton Really Want - 23rd June 16
Details Behind Semiconductor Stocks Leadership - 23rd June 16
Trading BrExit - Stocks, Bonds, Sterling, Opinion Polls, Bookmaker Odds and My Forecast - 23rd June 16
BrExit Looks Set to Win EU Referendum, Final Opinion Polls Give LEAVE Lead Over REMAIN - 22nd June 16
Proof that the Gold Bears are Wrong - 22nd June 16
Here’s a Trillion-Dollar Investment Opportunity for Those Few with No Debt - 22nd June 16
BrExit to Save Europe from Climate Change Refugee Migration Apocalypse - 22nd June 16
Increase In U.S. Rig Count Will Not Cap Oil Prices - 22nd June 16
Are Copper and China Stocks Set to Rally? - 22nd June 16
SPX May Break Its Trendline - 22nd June 16
Believe it or Not: More Kids Live At Home Now than Since The Great Depression - 21st June 16
EU Referendum Latest Opinion Polls Show LEAVE Halting REMAINs Surge - 21st June 16
British Pound Outlook - BREXIT, Europe and You - Does your vote matter? - 21st June 16
Fascist Victory Behind the European Union - 21st June 16
EU Referendum Opinion Polls Analysis Shows Strong Momentum in REMAINs Favour - 21st June 16
Is It Time to Dump Gold and Buy Platinum? - 21st June 16
Could Central Bankers Be Gold and Silver's BIGGEST Allies? - 20th June 16
Words Still Mean Things – Brexit With Graham Mehl - 20th June 16
Baroness Warsi the Manchurian Candidate Quits LEAVE for REMAIN, Boris Johnson Next? - 20th June 16
FTSE Soars, Stock Markets Bounce on LEAVE Polls Surge, Bookmakers Widen BrExit Odds - 20th June 16
Brexit Would Trigger Devolution of Europe - 20th June 16
Stock Market Week Of Uncertainty - 20th June 16
Will Gold’s Bullish Price Chart Outperform Gold’s 5 Bearish Indicators? - 20th June 16
Bonds And Stocks At All-Time Highs: Are Markets Confused Or Broken? - 20th June 16
Silver Sleeping On the Job - 19th June 16
BrExit Odds Sink, REMAIN Polls Boost by Jo Cox Killing by Radical Right Extremist, Conspiracy? - 19th June 16
How Elliott Waves Tell You When to "Jump In" & When to "Jump Out" of Markets - 18th June 16
Stock Market Inflection Point During Bifurcation - 18th June 16
Gold And Silver – Insanity Is World “Norm.” Keep Stacking! - 18th June 16
Gold Stocks - Bull Markets that Follow Epic Bears - 18th June 16
The Fed Giveth and the Gold Bullion Banks Taketh Away… - 17th June 16
Brexit: "The Vote Heard Around the World" - 17th June 16
Gold Stocks Summer Breakout? - 17th June 16
Stock Investors Get Higher Returns and More Dividend Income - In Less Time With Less Risk - 17th June 16
How to Use the Gold-to-Silver Ratio? - 17th June 16
Inflation, Deflation & Associated Trading Prospects - 17th June 16
Overnight Markets Struggling to Stay Flat - 17th June 16
Gold Price Surges to Highest in Nearly Two Years On Central Bank and Brexit Haven Demand - 17th June 16
Stock Market Thinking Upside Down; Dow 18k Still Key - 17th June 16
Jo Cox MP Terror Attack Killing Claimed for "Britain First" - Witness Report - 17th June 16
Stock Market, Iron Ore, Bitcoin – Is Silver Next for Chinese Momentum Investors? - 16th June 16
EU Referendum Campaigning Suspended Following Shooting of MP Jo Cox, Suspect Named as Tommy Mair - 16th June 16
Why People are Migrating to the UK, Illegal Immigration, Housing Crisis Consequences - 16th June 16
Stocks Fluctuate Following Recent Decline - Bottom Or Just Pause Before Another Leg Down? - 16th June 16
The US Consumer-Driven Economy Has Hit a Brick Wall - 16th June 16
Bitcoin Price Going Parabolic Again, Now At $730 and Up 60%+ In Last Three Weeks - 16th June 16
China's Hard Landing Has Already Begun! - 16th June 16
Crude Oil Price - Oil Bears vs. Support Zone - 16th June 16
Central Bankers Are Wrong About Inflation and Deflation - 15th June 16
Alignment Of The Dow, Interest Rates, Debt and Silver Cycles Will Deliver A Fatal Blow - 15th June 16
Stock Market Bounce May be Over - 15th June 16
EU Referendum: Have the Bookmakers Got it Wrong? LEAVE Opinion Polls Lead - 15th June 16
Gold Price Rally - 15th June 16
How to Invest for Brexit Report - 15th June 16
Stock Market Short of the Decade? - 15th June 16
Stock Market Sell Off Coming! - 14th June 16
QE - The Good, Bad & Ugly - 14th June 16
This Demographic Shift Makes Our Social Security Useless - 14th June 16
Gold Stocks Ultimate Objective in a World of Monetary Transition - 14th June 16
Philosophy of the New World Order - 14th June 16
The Brexit Game - Boris Johnson vs David Cameron EU Referendum Zombies - 14th June 16
EU Referendum: LEAVE Opinion Poll Lead of 51% to 49% Whilst Bookmaker Odds Still Strongly Favour REMAIN - 14th June 16
George Soros Making Big Bets on Gold - 14th June 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Why 95% of Traders Fail

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.


© 2005-2016 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

Catching a Falling Financial Knife