Thursday, January 30, 2020

OH, NO! TELL ME IT AIN'T SO! - BERNIE SANDERS' WEALTH TAX ON THE PLUNDERING BILLIONAIRE CLASS WILL DESTROY AMERICAN AND LOWER WAGES - But will it lower wages more than the Democrat Party's Mexican invasion for more "cheap" labor???

Obama’s State of Delusion ... OR JUST ANOTHER "Hope & Change" HOAX?

22 January 2015 

”The delusional character of Obama’s State of the Union

address on Tuesday—presenting an America of rising living

standards and a booming economy, capped by his declaration

that the “shadow of crisis has passed”—is perhaps matched

only in its presentation by the media and supporters of the

Democratic Party.”

“The general tone was set by the New York Times in its lead editorial on Wednesday, which described the speech as a “simple, dramatic message about economic fairness, about the fact that the well-off—the top earners, the big banks, Silicon Valley—have done just great, while middle and working classes remain dead in the water.”

OBAMANOMICS:

The report observes that while the wealth of the world’s 80 richest people doubled between 2009 and 2014, the wealth of the poorest half of the world’s population (3.5 billion people) was lower in 2014 than it was in 2009.


In 2010, it took 388 billionaires to match the wealth of the bottom half of the earth’s population; by 2013, the figure had fallen to just 92 billionaires. It fell to 80 in 2014.

THE OBAMA ASSAULT ON THE AMERICAN MIDDLE-CLASS

“The goal of the Obama administration, working with the Republicans and local governments, is to roll back the living conditions of the vast majority of the population to levels not seen since the 19th century, prior to the advent of the eight-hour day, child labor laws, comprehensive public education, pensions, health benefits, workplace health and safety regulations, etc.”



“In response to the ruthless assault of the financial oligarchy, spearheaded by Obama, the working class must advance, no less ruthlessly, its own policy.”

Study: Bernie Sanders’ Wealth Tax Would Shrink U.S. Economy and Lower Wages

Democratic presidential candidate Senator Bernie Sanders gestures after speaking during the 2019 J Street National Conference at the Walter E. Washington Convention Center in Washington, DC on October 28, 2019. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)
Mandel Ngan/AFP/Getty Images
2:05

Senator Bernie Sanders plan to tax the wealth of some of America’s richest families would add new revenue for the government at the cost of shrinking the economy, lowering wages, and reduce capital formation in the United States, according to a new analysis from University of Pennsylvania’s Wharton School Budget Model.
Sanders, a leading candidate for the Democratic nomination for president, has said he would impose a graduated wealth tax starting at 1 percent of a household net worth above $32 million. It would climb to 8 percent on households with a net worth above $10 billion.
While the Sanders campaign has said this tax would raise $4.35 trillion over 10 years, the Wharton School Budget Model estimates it would raise $3.3 trillion before including the drag on the economy from the tax. Included the economic effects, the model estimates it would raise just $2.8 trillion.
Additional revenue could reduce the federal deficit–although it could also lead the government to simply spend more. Under the Wharton model, reducing the federal deficit leads to increases in investment, rising capital accumulation, and a higher GDP. But the beneficial effects would be outweighed by the disincentive to save created by the tax.
“This disincentive to save outweighs the effects of deficit reduction, and the net effect is a 2.9 percent decline in the total capital stock in 2050. Workers become less productive as a result of the decline in capital, leading to a 1 percent decline in wages by 2050. National output, as measured by the nation’s Gross Domestic Product (GDP), falls by 1.1 percent in 2050,” John Ricco and Victoria Osorio wrote in their report on the models findings.
Hours worked would increase as the economy would be more dependent on labor due to lower levels of investment in productivity-boosting equipment.


NYT Op-Ed: ‘I’m a Liberal Who Thinks Immigration Must Be Restricted’

17 Jan 2020156
10:00
The nation’s immigration policies are built on a back-room corporatist bargain between Democrats and cheap-labor businesses, says an op-ed published in the New York Times.
The op-ed is headlined, “I’m a Liberal Who Thinks Immigration Must Be Restricted.” The January 16 article was authored by Jerry Kammer, a former journalist who now works with the Center for Immigration Studies:
In 2001, when I was the new Washington correspondent for The Arizona Republic, I attended the annual awards dinner of the National Immigration Forum. The forum is a left-right coalition that lobbies for unauthorized immigrants and expansive immigration policies. Its board has included officials of the National Council of La Raza, the American Civil Liberties Union and the American Immigration Lawyers Association, as well as the United States Chamber of Commerce, the National Restaurant Association and the American Nursery and Landscape Association.
After dinner, the group’s executive director, Frank Sharry, made a pitch to business allies who wanted Congress to allow them unfettered access to foreign workers. “You guys in business get all the workers you want, whenever you want them,” he proposed. “No bureaucracy.”
“Sold!” yelled John Gay, a lobbyist for the American Hotel and Lodging Association. Mr. Sharry quickly added that the deal must include advocacy for “three little, tiny pieces of paper: a green card, a union card and a voter registration card” for unauthorized immigrants.
The hotel industry is eager to use much imported cheap labor, partly because wages and salaries add up to roughly 50 percent of the sector’s annual costs. Any increase in labor supply and any reduction in workers’ wages helps the shareholders boost their stock values.
Sharry is now the head of America’s Voice, a pro-immigration group that works with the Democratic Party. In 2013 and 2014, he worked closely with business groups as well as ethnic and racial lobbies in a failed effort to pass the wage-cutting amnesty and cheap-labor bill. The “Gang of Eight” bill was strongly backed by the New York Times, which repeatedly described it as “comprehensive immigration reform.”
Business groups are denouncing the New York Time‘s decision to publish Kammer’s op-ed.
David Bier, a pro-migration advocate at the business-funded Cato Institute chimed in by tweet: “We must restrict immigration because it’s causing social division.” But no, “immigration” isn’t causing social division. It’s you, sir–Mr. Jerry Kramer of the org that thinks V-DARE is the same as the NY Times–who is causing social division.”
The op-ed was also denounced by Todd Schulte, the director of the FWD.us advocacy group created by billionaire investors, including Mark Zuckerberg. He used Twitter to stigmatize Americans who are worried about the impact of imported labor on their wages, housing, and children, tweeting:
Coming off Bret Stephens race-science column, The New York Times Opinion Section gives a massive amount of real estate too… The Center for Immigration Studies, funded and founded by John Tanton. John Tanton who wrote “The Case for Passive Eugenics.”


Coming off Bret Stephens race-science column, The New York Times Opinion Section gives a massive amount of real estate too...

The Center for Immigration Studies, funded and founded by John Tanton.

John Tanton who wrote "The Case for Passive Eugenics."
https://www.nytimes.com/2020/01/16/opinion/immigration-democrats.html 

Opinion | I’m a Liberal Who Thinks Immigration Must Be Restricted



The elite effort to stigmatize criticism “works – it works like a charm,” says Kevin Lynn, the founder of Progressives for Immigration Reform. He continued:
It is thrown out as a red herring when they really don’t want to discuss the pros and cons of immigration … as a way to shut down the debate.
[The impact of migration] is self-evident when you look at California. If unbridled immigration is somehow a plus for the productive class [and] is a boon to the environment, then California should be paradise right now. But California has the highest level of inequality … The jobs that once paid a good middle-class living now don’t. You’re scraping by in your construction job.
The impact of the racism charge may even reach the editorial board at the New York Times, which has interviewed most of the Democrats’ 2020 competitors.
In interviews with Sen. Bernie Sanders (I-VT), Tom Steyer, and Sen. Elizabeth Warren (D-MA), the board members denied a connection between labor supply and wages. In a back-and-forth conversation about exploitation and immigration with Sanders, for example, board member Binyamin Applebaum said:
You said that the exploitation of undocumented workers results in lower wages for domestic workers … I think that there’s a lot of research suggesting that that’s not actually the case.
That claim that supply does not affect wages is often made by investors’ lobbyists and business-tied consultants.
But the vast majority of people who deal with the issue plainly say that worker shortages spur wage raises.
But the NYT‘s board trusts that immigration does not affect wages. In the interview with Warren, board member Kathleen Kingsbury asked: “Throughout America, many jobs that were once held by American union members have been replaced and are now held by undocumented immigrants. Does that drive down wages in the United States? … But do you know of any specific evidence that immigrants drive down wages?”
The NYT posted Kingsbury’s question with an italicized note denouncing the supply-effects-wage connection:
Over several decades, it’s become increasingly clear that how immigration debates are framed is important. One of the more subtle anti-immigration tactics — employed by the Trump, Kennedy and Johnson administrations, as well as some on the political left — is to suggest that reducing immigration could preserve more jobs for American workers and lead to higher wages, but economic research has consistently disputed the notion that limiting immigration would increase domestic employment or raise average wages. The prevailing view of economists is that immigration increases economic growth [but] while some workers might benefit from immigration restrictions, more would suffer.
The NYT‘s links go to a 2017 article that tries to contradict the 2016 National Academy of Sciences report on immigration.
Kingsbury seems to support the claim that immigration does not affect wages — even though she won a prize for writing about low wages in a sector flooded by migrant workers: “She was awarded the 2015 Pulitzer Prize for distinguished editorial writing for a series on low wages and the mistreatment of workers in the restaurant industry.”
She wrote in February 2014:
meet Hope Shaw, the 38-year-old single mother of three who is assistant manager at Dunkin’ Donuts on Boston Street. She, too, likes to serve. But her life is one of unrequited toil. She lives paycheck to paycheck. Her heating gas was shut off last winter for failure to pay; the electric bill for her Dorchester apartment is consistently three months overdue. She’s gone without health insurance for more than a year. “My rent is $1,100 a month,” she says. “Every month I feel like I’m choosing between paying that or putting food on the table.”
Yet, six days a week, Shaw leaves her home before 4 a.m. to work a nine-hour shift overseeing the sale of donuts, bagels, and flat-bread sandwiches, while coping with customers who expect their coffee to be prepared exactly as they please and only sometimes drop a penny in the tip can. She’s been promoted twice in the five years she’s worked at the store, and her hourly pay has gone from $8 to $10. She made slightly less than $24,000 last year.
In Trump’s economy, where CEOs cannot easily import extra workers, Dunkin’ Donuts now pays its assistant managers almost $14.00 in Salisbury, MA. Admittedly, the crush of low-skill migrants and high-tech money moving into major cities has pushed up housing costs for assistant managers, so the rent for two-bedroom apartments in Dorchester now exceeds $2,000 per month.
But elites have always been reluctant to admit the economic and civic distortions caused by government-imported labor, said Lynn. “They never will,” he said, citing a quote by union leader Samuel Gompers in 1924:
Every effort to enact immigration legislation must expect to meet a number of hostile forces and, in particular, two hostile forces of considerable strength. One of these is composed of corporation employers who desire to employ physical strength at the lowest possible wage and who prefer a rapidly revolving labor supply at low wages to a regular supply of American wage-earners at fair wages. The other is composed of racial groups in the United States who oppose all restrictive legislation because they want the doors left open for an influx of their countrymen
That year, Gompers won his battle when Congress drastically cut the inflow of immigrants into the United States. By 1950, American wage-earners earned roughly 65 percent of each year’s economy. But that share declined after 1980 in an increasingly high-immigration, high-tech economy.
McKinsey.com
In the great recession, wage-earners’ share of new wealth fell below 57 percent as cheap labor and spreading technology flushed Americans’ money towards the stock market and the coastal cities.
The New York Times‘ editorial board denies immigration’s role in that incoming tide of wealth.


NYT's Tom Edsall says Trump's immigration-reform voters are 'snakes and vermin.'
Edsall usually tries to understand ordinary Americans' concerns. But he & his elite peers live in a bubble & just don't see immigration's huge economic damage to Americans.
http://bit.ly/2YQO7Aq 

NYT Columnist: American 'Snakes and Vermin' Support Trump's Immigration Policy





THE DEMOCRAT AMNESTY IS NON-ENFORCEMENT OR DISMANTLING OUR BORDERS INCH BY ILLEGAL

THE DEMOCRAT PARTY IS THE PARTY OF OPEN BORDERS, CHEAP LABOR, WELFARE FOR ILLEGAL AND NO LEGAL NEED APPLY!



Democrat Attorneys General Demand Fast-Track Work Permits for Illegals and Migrants

Rich Pedroncelli/AP Photo
 15 Jan 20201,570
11:03
Twenty-one top Democrat state officials are trying to block a White House reform that would protect Americans’ jobs and wages from hundreds of thousands of illegal migrants and economic migrants who try to get U.S. jobs.
“That’s bad for immigrants,” said a tweet from New Jersey’s Democrat attorney general, Gurbir Grewal. Agency officials “want to delay & deny work permits for asylum seekers.”
“This proposal is cruel and legally questionable at best,” said California’s Democrat attorney general, Xavier Becerra. Migrants “who do not enter the country through a port of entry or have resided in the United States for more than a year would now be summarily denied access to a work permit,” he said.
The draft proposal would end the long-standing agency practice of quickly giving one-year work permits to migrants who ask for asylum, and also illegal immigrants who ask for green cards. For example, it would withhold work permits from Central American asylum seekers for more than a year after they present themselves at a U.S. border post, and it would end the policy of providing temporary work permits to long-term illegals. The rule would also deny work permits to migrants who apply for asylum after sneaking into the United States.
The lax work permit policies were pushed by Presidents George W. Bush and Barack Obama. The policies have provided millions of work permits to migrants. That huge supply of imported labor boosts investors and companies by undercutting blue-collar and white-collar wages, and it encourages more illegal migration.
The scale of this work permit economy is sketched by the Department of Homeland Security. A January 14 chart shows that at least 1,726,688 got work permits in 2019, alongside the roughly four million Americans who turned 18 during the year.
The federal government “estimates that 305,000 asylum seekers will be affected by the Proposed Rule in the first year alone, with just under 300,000 affected in subsequent years,” according to the complaint by the 21 attorneys general.
“This important new regulatory initiative has had far less media coverage than it merits,” said Dale Wilcox, general counsel of the Immigration Reform Law Institute (IRLI).
“The new regulation is complex but cohesive in its three-part strategy to deter aliens from filing fraudulent or otherwise defective asylum claims,” said a January 14 statement from the IRLI:
Aliens who illegally cross the border instead of applying for asylum at a port of entry will be ineligible to work until they are actually granted asylum. All applicants must appear at USCIS offices to provide fingerprints, photos, and other biodata before becoming eligible to apply for work permission. IRLI agrees with the government that this will greatly improve screening for ineligible criminal aliens, a major problem in this area.
Longstanding federal statutes bar asylum applications filed more than a year after arrival, and sanction applications that are “frivolous.” The new reforms restrict or eliminate more than a dozen loopholes in the regulations implementing these statutes. These loopholes have been used by immigration lawyers and anti-borders activists to make incomplete and often dishonest applications, many thousands of which are received eight or even ten years after the aliens first illegally crossed our borders.
“The [courtroom] backlogs in adjudicating all these [asylum] claims result in almost automatic employment authorization, which depresses the wages of American workers and is a magnet for further illegal entry,” said the IRLI statement. “We applaud the administration for taking this important step to protect American workers and gain control of the border.”


A Rasmussen survey shows likely voters by 2:1 want Congress to make companies hire & train US grads & workers instead of importing more foreign workers.
The survey also shows this $/class-based view co-exists w/ much sympathy for illegal migrants. #S386http://bit.ly/2ZA6WIE 

Rasmussen Shows 2:1 Opposition to Cheap Labor Legal Immigration




The Democrat attorneys general submitted their objections during the comment period on draft regulations.
The regulation contradicts the pro-migration “Nation of Immigrants” narrative, say the Democrats:
We, the undersigned Attorneys General of New Jersey, California, the District of Columbia, Colorado, Connecticut, Delaware, Hawaii, Illinois, Iowa, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington (“The States”), write …
An animating value of the United States is embodied in the now-famous lines inscribed on the Statue of Liberty: “Give me your tired, your poor / Your huddled masses yearning to breathe free.” The United States has committed itself to providing asylum seekers a haven from persecution, regardless of whether they are rich or poor. Indeed, in establishing the framework for today’s asylum system in the Refugee Act of 1980, Congress made clear it was codifying “one of the oldest themes in America’s history—welcoming homeless refugees to our shores.”
The regulation will deter further migration into U.S. jobs, disadvantaging employers and state governments, the Democrats complain:
By barring many applicants from EADs completely and indefinitely delaying others’ EADs, the Proposed Rule imposes economic hurdles that will harm both asylum seekers and States and serve as a deterrent to seeking asylum in the first instance. Limiting EAD access will push asylum seekers into the underground economy, impede their ability to take care of themselves and their families, and harm their health and wellbeing. The States, too, will feel these consequences. The States, for their part, welcome thousands of asylum seekers each year who contribute greatly to their communities and economies.1 The Proposed Rule will lower tax and spending revenue in the States and harm businesses within the States that will have to find replacements and alternative labor. It will also increase reliance on state-funded programs, and hinder the States’ ability to enforce their own labor and civil rights laws.
The Proposed Rule will make it much more difficult, if not impossible, for many to legally work, costing the States millions of dollars in lost tax revenue and diminished economic growth. Second, the resulting delays and denials of work authorization will lead to increased healthcare costs shouldered by the States. Third, the Proposed Rule will burden the States’ other social service providers, including state funded non-profit service providers. Fourth, and finally, the Proposed Rule will make it more difficult for the States to enforce their own laws, particularly those designed to protect workers from unfair and abusive conditions of employment.
Although unauthorized workers pay taxes, tax revenue increases when immigrants can legally work, and the States could stand to lose substantial revenue if the Proposed Rule is implemented. Currently, undocumented immigrants residing in the States pay approximately $7.4 billion in state and local taxes annually. This would increase by approximately $1.4 billion if undocumented immigrants were given legal status.
The Democrats complain the regulation will make it difficult for migrants to hire the lawyers needed to win asylum:
Under the Department’s restrictive approach to work authorization, fewer asylum seekers will have the resources to hire legal counsel to navigate them through the complex and evolving immigration bureaucracy.4 That matters a great deal. In 2017, 90 percent of those without legal representation were denied asylum in immigration court while only 54 percent of those with legal representation were denied.
The regulation will impact many migrants, the state attorneys general write:
USCIS asylum offices within the States are considering 40 percent of the 327,984 pending affirmative asylum applications. Based on calculations involving the most recent available data, these offices receive an average of approximately 45,615 asylum applications per year. The States also hosted over 10,000 or 80 percent of the 13,248 total immigration court grants of asylum in 2018.
The rule will hurt the businesses that earn revenues from illegal migrants, they say:
The Proposed Rule will also significantly reduce the spending power of asylum seekers, thereby weakening the economies of the States. Curtailing work authorization for asylum seekers or cutting others off from EADs prematurely will result in lost wages and money that does not flow to the States’ businesses and economies. The New American Economy estimates that immigrants exercise billions in spending power each year, totaling over $724.8 billion in the States. Indeed, the Department itself recognizes that up to $4.4 billion could be lost in wages.
Businesses will have to hire Americans instead of migrants and illegals, the attorneys general complain:
By the Department’s own admission, businesses will not only lose potential labor, but also will likely have to find replacement labor because the Proposed Rule cuts short asylum seekers’ ability to continue working, even if their asylum cases are ongoing in federal court. Although the Department asserts that businesses potentially could find other labor to substitute for the jobs that asylum applicants currently hold, its own analysis belies that premise. The Department acknowledges that with the unemployment rate at a “50-year low [. . .] it could be possible that employers may face difficulties finding reasonable labor substitutes.”
Migrants — including illegals — provide a large part of the labor force hired by employers in many states, they say:
While the Department makes no inquiry into the “wages, occupations, industries, or businesses that may employ such workers,” there is substantial data that several sectors of the States’ economies disproportionately employ immigrants and are likely to face costs while trying to find labor substitutes. In New Jersey, for example, service providers report that many asylum seekers are employed as home health aides, engineers, dental assistants, construction workers, and in farming and agriculture. Immigrants fill over two-thirds of the jobs in California’s agricultural and related sectors, almost half of those in manufacturing, 43 percent of construction jobs, and 41 percent of those in computer and sciences. Likewise, approximately 43 percent of employed undocumented workers in Illinois are employed in the food services and manufacturing industries. In New York, immigrants account for 71.4 percent of taxi drivers and chauffeurs; 68.3 percent of workers in private households, including maids, housekeepers, and nannies; 57.9 percent of those working as chefs and head cooks; 57.3 percent of nursing, psychiatric, and home health aides; and 44.7 percent of the state’s workers in traveler accommodation.


Almost 50% of U.S. employees got higher wages in 2019, up from almost 40% in 2018.
That's useful progress - but wage growth will likely rise faster if Congress stopped inflating the labor supply for the benefit of business. http://bit.ly/2SyaLg7 

Pay Raises and Training Expand in Donald Trump's Tight Labor Market







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