Doom and Gloom Biden Forecasts Dark Winter,
Laments Jobs Report
The Department of Labor announced on Friday that while the
unemployment rate fell slightly in the month of November, the economy picked up
fewer jobs than economists projected. While forecasts had the economy adding
440,000 jobs, only 245,00 were added in the previous month.
Speaking from Wilmington, Delaware, on Friday, the former vice
president called the November jobs report, which included the labor market's
reaction to the election, "a dire jobs report."
"One in four small businesses can't keep their doors
open," Biden complained, as if Democrat governors and mayors weren't the
ones killing small businesses with punitive lockdowns all year long.
Biden went on to cite the job-killing covid restrictions, pushed
by Democrats, responsible for killing the Trump economy.
"They've lost hope of finding a job, Biden said.
"They've taken full-time caregiver responsibilities as child centers
remain closed and their children learn remotely. Over the past three months,
2.3 million more people are long-term unemployed, meaning for 23 weeks or more."
Earlier on Friday, CNBC's Rick Santelli sparred with Andrew Ross Sorkin over the
issue of economy-ravaging lockdowns that target small businesses while allowing
big retailers to stay open.
After acknowledging the devasting economic effects of the
lockdowns, Biden called the jobs report "dire" and repeated his
warning about the "dark winter ahead."
"This is a dire jobs report," Biden continued.
"It's a snapshot, I might remind you, up to mid-November, before the surge
in COVID cases we predicted, many predicted, and the deaths' rise that we've
seen in December as we head into a very dark winter ahead."
"This is a dire jobs report,"
President-elect Biden says about latest numbers showing a slowdown in economic
growth even before the latest COVID-19 surge https://t.co/4qNlluGmrc pic.twitter.com/sEFSF2c9CU
— CBS News (@CBSNews) December
4, 2020
Maybe Joe Biden is trying to tank the economy.
Breitbart's John Nolte had some excellent analysis on the impact of Biden's
"win" on the November's job report.
(Via Breitbart)
Not since the Great Depression have we seen an economy like the
disastrous Biden-Obama economy. They come on board as we’re coming out of a
terrible economic collapse, and what do they do? They put their boot on the
neck of the recovery with all their taxes, all their regulation, and all their
constant talk of more taxes and regulations, which creates uncertainty, and
there is nothing the economy hates more than uncertainty.
The result? The worst “recovery” since the Great Depression.
What those terrible jobs numbers tell you is that job creators
are looking at the real possibility of a third Obama term and are already
pulling back. And why shouldn’t they? They’re about to get killed with higher
taxes and expensive new regulations. They will need money to cover those
expenses, which means they can’t afford to hire new people, to invest in the
kind of expansion that creates good jobs.
On top of all that, all the uncertainly attached to the threat
of a Biden presidency, there’s the return of all these stupid, fascist, crazy,
and unnecessary lockdowns. Look around, with the Trump vaccine right over the
horizon, it’s as if Democrats want to get their last kicks in and lock everyone
down before they no longer have an excuse.
Locking down, which at best replaces one serious problem with
many others, is clearly not a tenable solution. This is why the development of
vaccines was essential and, thanks to the Trump administration, prioritized and
achieved in record time through Operation Warp Speed.
Meanwhile,
the stock market reached an all-time high on Friday, driven in large part by
continued optimism over a coronavirus vaccine, expected to be available to
vulnerable Americans in a matter of weeks.
Big Tech and Big Law dominate Biden transition teams, tempering progressive hopes
https://mexicanoccupation.blogspot.com/2020/12/how-many-parasite-lawyers-will-lawyer.html
"Along with Obama (LAWYER) Biden (LAWYER), Pelosi and Schumer (LAWYER) are responsible for incalculable damage done to this country over the eight years of that administration." PATRICIA McCARTHY
Add the Banksters’ rent boy Eric Holder (LAWYER) and the up and coming Swamp Empress Kamala Harris (LAWYER, SO IS HER SHADY HUSBAND)…but keep counting….(LAWYER) Brian Deese, Obama-Biden’s loot-for-Wall Street guy.
Hauser also didn’t like the prevalence of Big Law talent on the Department of Justice team, which signaled to him that the Biden administration could go soft on corporate malefactors.
SAME OL’, SAME OL’ JOE BIDEN
BUILDING THE GLOBALIST PARTY’S SWAMP OF CORRUPTION
https://mexicanoccupation.blogspot.com/2020/12/joe-biden-builds-his-swamp-signed.html
In the end of November, Biden tapped Obama-era officials for top national security and economic roles -- the same people who were one of the main reasons why it was Trump and not Hillary winning over the White House.
Joe Biden's pick to run the DHS immigration agency – Alejandro Mayorkas – is a political gift for the GOP, says Jessica Vaughan at CIS: "Cronyism, corruption, swampiness, and the immigration
Watch: Lou Dobbs Urges Trump to Veto Big Tech’s Green Card Giveaway
Fox Business Network’s Lou Dobbs is urging President Trump to veto a green card giveaway, passed in the Republican-controlled Senate, that would reward tech corporations for outsourcing high-paying American jobs.
In a segment, Dobbs slammed Senate Republicans for failing to stop Sen. Mike Lee’s (R-UT) green card giveaway to Big Tech — known as HR. 1044 or S. 386 — that will allow Indian nationals to effectively monopolize employment-based green cards for at least a decade and tech corporations to privatize the system.
The giveaway solidifies that employment-based visas only go to temporary foreign visa workers, mostly on H-1B visas, who have been imported to the U.S. by corporations to replace American workers, thus rewarding companies who outsource American white-collar jobs.
Dobbs noted that the giveaway comes just as the Department of Justice (DOJ) has filed a lawsuit against Facebook for allegedly discriminating against Americans in favor of foreign visa workers.
“A lawsuit was filed today by the DOJ claiming Facebook reserved at least 2,600 high-paying jobs for H-1B visa workers,” Dobbs said. “Facebook did so without considering any applications from American citizens. That is a violation of the H-1B law.”
Lou Dobbs names names and leaves no prisoners when it comes to the Senators selling out American workers for Silicon Valley cash.@realDonaldTrump ran against this in 2016 and 2020. Nothing has been more deserving of a veto than S. 386. pic.twitter.com/l9GgyVwDXk
— Joe Shikhman (@JoeShikhman) December 4, 2020
“One of Facebook’s allies in Congress is Sen. Mike Lee. The social media giant has donated some $32,000 to Sen. Lee since he was elected. In return, Lee is helping Facebook gain more of those H-1B visa workers,” Dobbs continued:
In a late-night session, Lee managed to pass amendments to his immigration-outsourcing bill … the bill would flood green card lines with cheap tech workers from both India and China and would do so for the next decade to the expulsion of almost every other country. And, the Senator’s legislation passed without debate or a hearing using a Senate procedure known as unanimous consent which means that the Senator’s don’t have to reveal their names or show their faces behind this legislation.
These, foreign workers coming when we have millions and millions of American workers who are without jobs because of the China virus pandemic. Sen. Lee, you should be embarrassed. We’re embarrassed for you either way.
Dobbs torched Senate Republicans for their constant talk about cracking down on tech corporations but failing to stop a green card giveaway that would almost exclusively benefit Big Tech’s most prolific outsourcers of American jobs.
“For all their righteous anger at Big Tech, not one single Republican in the U.S. Senate stood up to block Lee or his betrayal to American workers,” Dobbs said. Congress has 10 days in which to finalize the bill’s language and send it to President Trump. There is no way, however, that a president who ran on America First could approve of such legislation. We urgently hope and we urge the president to veto such legislation. It is an insult.”
The White House has not indicated Trump’s position on the giveaway.
Last year, 140 House Republicans helped 224 House Democrats pass the giveaway after a huge lobbying effort by Big Tech corporations, the Chamber of Commerce, and the billionaire Koch brothers’ network of organizations.
The legislative path forward for the giveaway, insiders told Breitbart News, is to have the House pass an identical version of the Senate-approved legislation which would send it straight to President Trump’s desk for signage or a veto. The White House has not stated whether Trump supports the giveaway.
Rep. Zoe Lofgren (D-CA) has indicated that she plans to bring the giveaway to a standstill by amending the legislation in the House which would then send it back to the Senate where it would need to be approved before Congress adjourns for the holiday season.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.
BIDEN’S WALL STREET CABINET: EXPECT BOTTOMLESS BAILOUTS NEXT!
Biden administration will be committed to austerity and back-to-work campaign aimed at forcing workers to pay for the corporate bailout no matter how many lives are needlessly lost to the pandemic.
https://mexicanoccupation.blogspot.com/2020/12/joe-bidens-wall-street-cabinet-biden.html
The selection of Deese and Adeyemo—who both previously served in the Obama administration—exemplifies the revolving door between Wall Street and Washington, DC, which operates constantly, regardless of which party controls the White House.
It is a further signal to the financial oligarchy that a Biden administration will dispense with its rhetoric about raising taxes on the wealthy and continue funneling trillions into the stock markets. “By picking folks with deep ties to large asset managers,” Tyler Gellasch, executive director of investor trade group Healthy Markets Association, told the Journal, “the administration can help assuage financial executives’ concerns. It sends a clear signal to the industry to breathe easier: They can plan for stability without likely facing massive new regulatory or tax risks.”
OPEN BORDERS AND A NATION FLOODED WITH ‘CHEAP’ LABOR
Former Vice President Joe Biden will nominate Alejandro Mayorkas to run the Department of Homeland Security (DHS), despite his role in creating huge Latin American migration and his involvement in several visas-for-sale scandals.
https://mexicanoccupation.blogspot.com/2020/11/biden-keeps-promise-to-narcomex-picks.html
OPERATION OBOMB: Barack Obama, Eric Holder and their bankster paymasters plan coup.
Barack Obama was famous not wanting to leave office when his term was done and well known for projecting a sense of entitlement to power.
https://mexicanoccupation.blogspot.com/2020/11/lawyer-barack-obama-and-his-attack-dog.html
Biden positions, after doing nothing, save for the end, at best, to help Biden's presidential campaign, suggesting that the hollow-victory Biden administration is just a placeholder for the return of an Obama third term. It's a sign that Obama éminence grise is more than a little active, behind the scenes as she always is.
“Obama’s new home in Washington has been described as the “nerve center” of the anti-Trump opposition. Former attorney general Eric Holder has said that Obama is “ready to roll” and has aligned himself with the “resistance.” Former high-level Obama campaign staffers now work with a variety of groups organizing direct action against Trump’s initiatives. “Resistance School,” for example, features lectures by former campaign executive Sara El-Amine, author of the Obama Organizing.”
Joe Biden’s DHS Pick Promises Wage Raises from Amnesty, Migration
Former Vice President Joe Biden’s nominee to run the Department of Homeland Security (DHS) says Americans’ wages will rise amid a huge inflow of amnestied migrants and new immigrants.
“Creating a new immigration system will help create jobs, raise wages, and grow our economy, not just for immigrant communities, but for all our families across this great, great country,” Alejandro Mayorkas told a pro-amnesty group, the American Business Immigration Council, on December 3.
In reality, the overwhelming flood of studies and anecdotal reports show that the government’s support for legal and illegal migration is a wealth redistribution process that moves Americans’ wages to migrants, employers, and investors — even as the migrants also expand the economy, raise real estate values, boost investors, grow government, and supercharge coastal states.
President Donald Trump’s lower-migration policies put Mayorkas’ wage claims to a real-world test from 2017 to 2020.
The results show Trump’s slowdown of lower-skilled migration helped generate a massive income gain for lower-skilled Americans and their adult children. In 2020, for example, the Census Bureau reported that median household wages rose by 7 percent during 2019, following decades of minimal gains.
But Trump did not curb higher-skilled migration until mid-2020 — and so allowed wages for U.S. college grads to fall. A September 2020 report by the Federal Reserve concluded that the family median income level of high school graduates rose by six percent in 2019, while the median or midpoint income of college graduates fell by two percent.
In the 2020 election, Trump’s support remained strong among blue-collar Americans but fell among white-collar graduates.
Trump’s wage gains were predicted or acknowledged by many pro-migration authors and reports.
For example, on page 171 of its September 2016 report, a pro-migration panel picked by the government-backed National Academies acknowledged that “immigration imposes a tax on Americans” wages: “Immigrant labor accounts for 16.5 percent of the total number of hours worked in the United States, which … implies that the current stock of immigrants lowered [Americans’] wages by 5.2 percent.”
The admissions come from independent academics, the National Academies of Science, the Congressional Budget Office, executives, The Economist, more academics, the New York Times, the New York Times again, state officials, unions, more business executives, lobbyists, the Wall Street Journal, federal economists, Goldman Sachs, oil drillers, the Bank of Ireland, Wall Street analysts, fired professionals, legislators, the CEO of the U.S. Chamber of Commerce, 2015 Bernie Sanders, the Wall Street Journal’s editorial board, construction workers, New York Times subscribers, a former Treasury secretary, a New York Times columnist, a Bloomberg columnist, author Barack Obama, President Barack Obama, and the Business Roundtable.
Even the Wall Street Journal admitted in 2016:
Congress has failed to reach a compromise policy on immigration to address employer needs for a steady, legal workforce.
On the ground in the U.S., many employers report the worker shortage is driving up wages, which is good news for low-skilled workers. It is also driving up costs, however, which could hamper investment and fuel inflation.
Mark Zuckerberg's Facebook has been discriminating against American grads when trying to hire foreign #H1B for permanent jobs, says Trump's DoJ.
So a class & labor rights issue, not 'immigrant rights.'
And what about Google? Apple? The Fortune 500?https://t.co/yahYUWjs4f— Neil Munro (@NeilMunroDC) December 4, 2020
Immigration also raises housing and commuting costs for Americans. A recent academic paper says a sudden migration by Americans can boost housing prices by eight percent for every one percent increase in a city’s population.
Moreover, the arrival of cheap migrants and refugees also reduces corporate investment in labor-saving machinery that allows Americans to do more — and earn more — each workday.
The federal policy of inflating the new labor supply also delivers millions of foreign workers to the coasts, so shifting new investment, jobs, and real-estate wealth away from the central states and towards coastal investors.
Legal and illegal migration also import populations of government-dependent poor people, many of whom create urban poverty in Boston and New York.
Business groups favor immigration because it reduces Americans’ wages — but also because it stimulates consumer demand and raises housing prices.
Immigrant advocates say skilled migrants are also needed to develop new products and novel technology. But federal evidence shows that the vast majority of supposedly high-skilled migrants and visa workers are modestly skilled, rarely develop new products, and are mostly used to replace Americans in mid-skilled and starter jobs.
The replacement policies help investors corral the nation’s technology sector by excluding the innovative Americans who might leave to create rival companies, said Kevin Lynn, founder of U.S. Tech Workers. “There’s collusion within these big tech companies to preserve their monopoly status,” said Lynn. “The best way to do that is to block [Americans’] sneakernet, you know, one person going from one company to another taking what’s between their ears with them.”
The Democrats are backing Mayorkas, even though there is minimal public support — and declining Democrat support — for cheap labor immigration policies. Just 19 percent of all voters support the establishment’s preference for importing foreign workers, and 66 percent prefer the populist demand for “businesses to raise [Americans’] pay and try harder to recruit non-working Americans,” says Rasmussen Reports.
But support for migration among Democrat leaders is not driven by polls or the promise of wage raises. Instead, it is driven by Democrats’ progressive elitist vision of themselves as champions for foreigners, guides for business elites, and leaders of Americans. For example, Mayorkas justified a 2021 amnesty push by saying:
Today our immigration system is badly broken … The cost of that broken system is incalculably high. It represents a profound toll, not only on [foreign] families seeking to contribute to our nation and forge their own American dream, but on our economic prosperity, and our moral authority as well … [Joe Biden] knows that our solutions must reflect the broad sweep and impact of immigration across issues and constituencies, because key sectors of our economy from agriculture to technology rely on immigration, and he knows that immigrants are a key driver of economic growth.
Mayorkas’ nomination will be reviewed by the Senate’s homeland defense committee, which will likely be chaired by Sen. Rob Portman (R-OH).
Portman is up for reelection in 2022 and voted against Mayorkas in 2013. The other GOP members include Sen. Rand Paul (R-KY), Sen. James Lankford (R-OK), Sen. Mitt Romney (R-UT), Sen. Mike Enzi (R-WY), Sen. Rick Scott (R-FL), and Sen. Josh Hawley (R-MO).
Democrats view themselves as champions of migrant foreigners.
That curated display matches the economic & political self-interest of their chaotic coalition.
But Dems relearned in 2014 & 2016 that their display is deeply alienating to most voters. https://t.co/wLsWWl34BD— Neil Munro (@NeilMunroDC) December 4, 2020
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