Thursday, June 27, 2013

IMMIGRATION REFORM – PERMANENT DEPRESSION

The Victims of Immigration Reform
American Thinker – Steve McCann – 6/27/2013

There are fewer people employed today than there were seven years ago.   By May of 2006, George W. Bush had coped with a recession already begun upon his assuming office in January of 2001, the devastation of September 11, 2001, and in September of 2005, the overwhelming economic impact of Hurricane Katrina and other natural disasters.  Despite those factors the unemployment rate was 4.6%, thanks to policies polar opposite to those pursued by Obama.

In May of 2006 144.0 million Americans were employed; in May of 2013 there are143.9 million.  Yet in 2006, 228.4 million people were counted in the civilian noninstitutional population; in 2013, 245.4 -- or a growth in the working age population of 17 million with 100 thousand fewer jobs.   Never, over any seven year period since the Great Depression era, has this nation experienced such a dramatic and devastating economic track record.

Into this landscape the Congress and the President propose to dump up to 20 million illegal immigrants into the labor force, thus allowing them to compete for whatever jobs are available. 

Assuming there are 15 million illegal immigrants in the country and 80% (12 million) would be a net of working age and that 20% of that group are currently counted in the BLS statistics, therefore, 9.6 million more people would be added to the published working age population -- if the current legislation is signed into law.  The overall current working age population of 245.4 million would therefore increase to 255.0 potential job seekers available for 143.9 million jobs. (A SHORTFALL OF 111.1 MILLION).  Per the current method of calculating the unemployment rate the current published rate of 7.6% would immediately increase to 9.1%.

Another factor is average weekly earnings of those employed.   In May of 2006 the average weekly wage was $650.56 (inflation adjusted) versus $676.36 today, or an average real gain of less than 0.5% per year. 

This stagnation occurred for two reasons:
1) the composition of the job market and
2) the increased competition for jobs engendered by the growth in the working age population.

Since May of 2006, this nation has lost 4.4 million jobs in the high paying goods producing sector.  Meanwhile an additional 3.1 million jobs were created in the low paying sectors of the health care and leisure and hospitality industry.  


If the current immigration bill in the Senate is signed into law and Obama succeeds in enforcing his radical environmental game plan concurrent with the enforcement of ObamaCare, the transformation of this country into a banana republic will be complete and this nation will face years of political and societal upheaval and potential violence.  The importance of tabling any immigration bill in the House and evicting the Democratic leadership in the Senate in 2014 cannot be overstated.  The future of this nation depends on it.

Northwoods Patriots - Standing up for Faith, Family, Country - northwoodspatriotscomm@gmail.com

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