Via Breitbart Immigration, Breitbart.COM/immigration, see Neil Munro
on whether Casey DeSantis regrets that her path to WhiteHouse.GOV was
dashed by Ron's failure to obtain grants from the likes of Miriam
Adelson, Robert Bigelow, Walter Buckley, Betsy DeVos, Ken Griffin,
Julia Koch, Bernie Marcus, Lachlan Murdoch, Thomas Peterffy, Bruce
Rauner, Chris Reyes, David Sacks and Steve Wynn to buy advertisements
on Murdoch's FoxNews.COM with the likes of Mike Emmons warning legacy
American proles in Iowa and New Hampshire that Donald Trump will sign bipartisan comprehensive immigration reform legislation passed by the
likes of Mike Johnson and Mitch McConnell so long as the Cheap Labor
Lobby includes the magic words, "merit-based": <URL:https://www.breitbart.com/economy/2024/03/05/wsj-government-addiction-to-migration-cuts-citizens-productivity/>
|
| The Wall Street Journal article is headlined: "Rich Countries Are
| Becoming Addicted to Cheap Labor: Businesses are relying more on
| migrant workers as labor shortages persist, but economists warn of
| long-term dangers."
|
| The article is backed up by a February 7 report from the non-
| partisan Congressional Budget Office, which provides economic
| analysis to legislators. The office said President Joe Biden's
| migration and labor bubble will reduce productivity gains to just
| 1.2 percent from 2024 to 2028 -- far below the rate seen in the
| 1960s.
|
| The report explained how migration skews the economy:
|
|| Increased net immigration is projected to affect average real
|| wages through several channels. First, additional foreign nationals
|| are expected to work in sectors of the economy that pay relatively
|| low wages, thus putting downward pressure on average wages. Second,
|| the projected increase in workers reduces the amount of capital
|| (factories and machinery) per worker, which also puts downward
|| pressure on [productivity and] average real wages ... By 2034, CBO
|| estimates, the three effects combined will cause average real wages
|| to be slightly lower than they would have been otherwise.
|
| "The injection of more labor into the economy--without a
| commensurate increase in capital--also tends to reduce the average
| worker's productivity," said a February 15 article in the Wall
| Street Journal.

Does Susie Wiles see signs in her (or Bill Stepien before her (or Brad
Parscale before him)) internal polling that legacy American proles who
might be convinced to cast a vote for Trump that the Cheap Labor Lobby
is the enemy of their nation and their posterity?
John
groenveld@acm.org
--
"People are going to be really upset when I dig up the concrete
connection between the Trump administration and George Soros that
has never been addressed" - Pedro Gonzalez <URL:https://twitter.com/emeriticus/status/1626732178305388548>

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