Saturday, June 10, 2023

JOE BIDEN PARTNERS WITH HIS HIGH TECH PAYMASTERS TO WAGE WAR ON AMERICA'S SENIORS - 56 Million Americans Can't Afford To Retire As Cost Of Basic Items Soars - Growing number of elderly homeless in the US

 

Japan Rehires Older Workers as U.S. Gov’t Imports Younger Migrants

A man wearing a protective face mask sweeps the entrance to a building Thursday, April 2, 2020, in Tokyo. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. …
AP Photo/Eugene Hoshiko

Japan’s government has successfully raised the share of old people and women who are working, despite business pressure for more migrants, the Wall Street Journal reported on June 5.

“Over the past decade, and with little international attention, the Pacific island nation has achieved a second economic miracle,” despite a historically low birthrate and a declining population, the Journal reported, adding:

Since 2012, [Japan] has expanded its labor force by around 4.2 million even as its population has fallen by more than three million. As the U.S. struggles to meet its workforce needs, policy makers in Washington would do well to take a page out of Tokyo’s book.

U.S. business must first accept that a real labor shortage exists and, like the Japanese, lead the way in incorporating talent that has long been neglected. In the U.S., that means finding ways to employ [American] workers who lack traditional credentials or who have been marginalized by such factors as poverty, substance abuse and criminal records.

Meanwhile, the U.S. government allows companies to replace the many sidelined, disadvantaged, older, isolated, or sicker Americans with millions of migrants who have been extracted from poor countries during the last 30 months.

“In Japan, the [labor] market is working as it’s supposed to work,” said Mark Krikorian, the director of the Center for Immigration Studies. He continued:

[Japan’s] tight labor market is prompting [business] efforts to draw more people into the world of work — which is what we should want. But what we’re doing [in the United States] is ignoring the social forces that are prompting Americans to drop out of the labor market and are just importing [foreign] replacements.

The replacement of Americans in their own society is the predictable result of establishment policy, but not an up-front purpose, he said:

I don’t mean this [replacement policy] in the kind of conspiratorial “Replacement Theory” sense. It is that the implicit [establishment] response to the social problems that are causing drops in the labor force participation rate is to say to troubled Americans, “Here’s your welfare check and your fentanyl, go to a trailer park, we’re going to import somebody else to do the work.”

It’s appalling and immoral …  They’re just giving up on Americans, and figuring the immigrants will replace them because they’re somehow better.

[Pro-migration activists] are not monsters. I’m sure if there was some way to address this [spreading American civic] problem that they found easier, they’d do probably go for it. There is clearly a discomfort with ordinary Americans on the part of a lot of these elite commentators, that’s true enough, but it’s not like they’re rubbing their hands together and saying, “How can we screw working-class Americans?” It’s just that mass immigration is just an easier fix, and it is consistent with their cultural disdain for ordinary Americans.

President Joe Biden and his allies repeatedly tell journalists that they extract migrants for economic and “equity” reasons.

For example, the federal government is opening up to 100 foreign-based “Safe Mobility Offices,” to help would-be migrants get to the United States safely.

“We view that as really a fundamental tool to help better organize migration, not just to the U.S., but as I said to some of our partner countries, including Canada and Spain which have signed on,” Blas Nuñez-Neto, the assistant secretary for policy at U.S. Department of Homeland Security, told a House hearing on June 6. “We are in active discussions with other countries to allow for referrals to their [immigration] processes as well,” he added.

The southern inflow is in addition to the annual legal inflow of roughly one million migrants and roughly one million visa workers. Overall, the inflow is adding one new immigrant for every American birth.

Biden’s deputies disregard the abundant evidence of the huge pocketbook and civic damage inflicted on blue-collar and white-collar Americans and their communities.

Those harms include the millions of Americans afflicted by government-tolerated drugs, many of whom are part of more than 10 million working-age Americans unemployed or on the economic sidelines.

The vast inflow of migrants leaves more than 10 million working-age Americans unemployed or on the economic sidelines.

In Japan, however, the government took the opposite approach by limiting migration while urging employers to hire and recruit sidelined Japanese people.

The Journal reported:

Older workers. Japan’s labor ministry understood that many older workers looked to find ikigai—roughly translated as “purpose”—from their work. A 2019 survey found that more than 40% of Japanese workers in their early 60s wanted to continue working part-time after 65 and that more than 60% of employers were able to hire them.

To ease pension burdens and attract more older workers to the labor force, the government gradually raised the eligibility age for public-employee pensions and pushed employers either to abandon mandatory retirement ages or increase them to 65 …

According to Organization for Economic Cooperation and Development statistics, the labor-force participation rate among prime-age female workers in 2021 exceeded that of the U.S. and many OECD member countries.

Japan Labor Participation Rate, Ministry of Internal Affairs and Communications

The WSJ article was written by Daisuke Nakajima, a former economist at Evercore ISI, and by Jeffrey Korzenik, the chief economist of Fifth Third Commercial Bank. The headline was:

How America Can Bring the Japanese Economic Miracle Stateside: Tokyo increased its labor force, despite a falling population, by recruiting nontraditional employees.

Extraction Migration

The federal government has long operated an unpopular economic policy of Extraction Migration. This colonialism-like policy extracts vast amounts of human resources from needy countries, reduces beneficial trade, and uses the imported workers, renters, and consumers to grow Wall Street and the economy.

The migrant inflow has successfully forced down Americans’ wages and also boosted rents and housing prices. The inflow has also pushed many native-born Americans out of careers in a wide variety of business sectors and contributed to the rising death rate of poor Americans.

The lethal policy also sucks jobs and wealth from heartland states by subsidizing coastal investors with a flood of low-wage workers, high-occupancy renters, and government-aided consumers.

The population inflow also reduces the political clout of native-born Americans, because the population replacement allows elites to divorce themselves from the needs and interests of ordinary Americans.

Migration — and especially, labor migration — is unpopular among swing voters. A 54 percent majority of Americans say Biden is allowing a southern border invasion, according to an August 2022 poll commissioned by the left-of-center National Public Radio (NPR). The 54 percent “Invasion” majority included 76 percent of Republicans, 46 percent of independents, and even 40 percent of Democrats.

STRUGGLING SENIORS HAVE MASSIVE CREDIT CARD DEBT

https://www.youtube.com/watch?v=6IMGSbpoMdg


https://www.youtube.com/watch?v=y49hNjyBwjU


New studies show that 56 million US workers can’t afford to retire in 2023. Many do not have a single dollar saved for their future, let alone a retirement plan. With the cost of basic necessities going through the roof, it’s getting increasingly challenging for people to start putting money aside for their senior years. The reliance many groups have on Social Security benefits is rapidly depleting this important government fund, and leaving Americans in an extremely precarious financial situation. According to Pew Research estimates, US households will be forced to pay over $13,000 more in taxes every year to fund the retirements of our aging population. This means that even younger generations will feel the impact of this worsening crisis, and many of us will have to lower our living standards to be able to make ends meet.

Today, almost half of Americans say that everyday expenses are rising so rapidly that they won’t be able to afford basic necessities in the future, and this is seen as one of the greatest risks to retirement success. This percentage is up from 44% in 2022 and 38% in 2021, according to Allianz Life. Troublingly, about 40% of US workers admit their retirement strategy has been derailed, and they aren’t sure when or how they’ll get it back on track. Other stats reveal that a remarkable 61% of Americans say they are more afraid of running out of money than they are of dying, with many of them unsure about their real chances of ever achieving a successful financial future by the time they reach retirement age. It’s not just older workers without a big brokerage account balance who are in trouble. The fact that so many people don’t have enough money to fund their basic spending is going to cost the government more than one trillion dollars when it has to step in to provide assistance, especially when it collects less tax revenue from American workers. A separate analysis by the Pew Research Center estimates the federal government is going to incur costs of about $964 billion between 2023 and 2040 due to insufficient retirement savings, while states will spend an estimated $334 billion. Their calculations expose that this amounts to $1.3 trillion in costs that governments — and thus taxpayers — will have to bear. To make things even more complicated, as our population ages, there will be fewer workers relative to the number of seniors facing these shortfalls, so a smaller number of people will need to cover these big costs. In fact, the analysis highlights that the age dependency ratio — the ratio of households with people at least age 65 to those of working age — is expected to grow by nearly 50% in the next two decades. Pew reports that the additional taxpayer liability due to inadequate retirement savings will climb to about $13,600 per household. We may not be seeing the worst of the retirement crisis just yet, but it's clear that it is already here. We should pay very close attention to the challenges Baby Boomers are facing today becase is similar fate is waiting for us. They were once the richest generation in America, and now millions of them are becoming financially insecure and getting closer to poverty. With a recession at our door, our future looks uncertain, and at this point, we should start doing everything on our power to change the course of things before our living standards deteriorate even further

Growing number of elderly homeless in the US

Nearly a quarter of a million people 55 or older are estimated by the government to have been homeless for at least part of 2019.

According to the Washington Post, “People 55 and older represented 16.5 percent of America’s homeless population of 1.45 million in 2019, according to the most recent reliable data.”

According to a 2022 University of Pennsylvania Study by Rebecca Brown, an Assistant Professor of Medicine in the Division of Geriatric Medicine at the Perelman School of Medicine, and several coauthors from the University of California San Francisco, over one-third of the homeless population are now single adults over 50, triple the figure in 1990 when it stood at 11 percent.

The government makes little effort to count the homeless. The Department of Housing and Urban Development, the only federal source of information on homelessness disaggregated by age, delayed its release of the second part of their Annual Homeless Assessment Report to Congress by two years, making it difficult to get an idea of the scale of homelessness among the elderly in real time.

The latest information on homelessness with respect to the elderly is from 2019, though advocates of the homeless have noted that there is evidence that it is growing, pointing to numerous examples.

The largest shelter provider in Arizona, Central Arizona Shelter Services (CASS), is rushing to open an over-55 shelter in a former Phoenix hotel this summer with “private rooms and medical and social services tailored for older people.” The provider says that it served 1,717 elderly in 2022, a 43 percent increase compared to 2021.

In Orange County, California, a Medicaid plan, CalOptima Health, is creating a 119-bed shelter which will serve as an assisted-living facility for the elderly, according to Kelly Bruno-Nelson, executive director for the plan. Bruno-Nelson stated that the current shelter system “cannot accommodate the physical needs of this population.” Seniors are staying in respite centers for months in San Francisco, California, Portland, Oregon, and Anchorage, Alaska, that were intended for a short-term stay only. In Boise, Idaho, shelter operators are hiring staff with backgrounds in long-term care to help elderly homeless living for long periods in hotels.

Elderly homeless contract chronic diseases much earlier than younger people, as well as suffering from geriatric problems. Poor access to care due to homelessness, and the threat of having their medications stolen or going bad outside, stress from having to weather the outdoors, as well as generally unsanitary conditions, and the difficulties created by the anti-homeless laws being passed around the country, all contribute to poor health outcomes.

Journal of the American Medical Association study titled, “Factors Associated With Mortality Among Homeless Older Adults in California: The HOPE HOME Study,” detailed how, over an average of 55 months, unhoused people over 50 years died at a rate 3.5 times greater than their housed counterparts. The findings are consistent with previous studies in other parts of the country.

Dennis Culhane, a professor and social science researcher at the University of Pennsylvania, said that the population of homeless seniors 65 and older would double or even triple from 2017 before peaking around 2030.

This increase is driven by poverty. One half of renters over 50 spend more than 30 percent of their household income on rent, according to the Joint Center for Housing Studies of Harvard University.

As the American Society on Aging Generations journal noted, “Low-income people who spend more than 30 percent of their income on rent are unable to save money, leaving them vulnerable to losing their housing when they face setbacks, such as a job loss, sickness, or death of a spouse or partner.”

In other words, homelessness is a class issue. The financial elite that both parties represent, and the upper middle class have no reason to worry about becoming homeless. The workers on the other hand, such as the homeless former autoworker that the Post interviewed, are the ones which this malady overwhelmingly affects.

Poverty, combined with the bipartisan destruction of the social safety net, spiraling inflation driven by profit-gouging (not wages) and the US-provoked war with Russia, as well as extortionary rent, are leading to thousands of the elderly being kicked out onto the streets.

The ruling class has no response to the increase in homelessness among the elderly. Indeed, hardly any media coverage is to be found on the topic. As it doesn’t fit into the categories of race or gender, the Democratic Party wing of the political establishment finds it more convenient to merely remain quiet on the topic.

The plans to attack Medicare and Social Security under the phony pretense of fighting debt, while dumping literally over a trillion dollars into American imperialism’s war machine—not to mention the nearly unlimited bailouts sunk into the pockets of the financial elite—shows the real disdain for the elderly.

If anything, the response given by the ruling elite is to step up the attacks on the elderly, foster reactionary sentiments against them (as a burden to society and the young), and ultimately to reduce life expectancy.

The corporate media has railed against the elderly, endorsing dying early. This was visible in the campaign for the pro-corporate health plan Obamacare (the Affordable Care Act) in which the New York Times spearheaded this narrative. The result of Obamacare was to contribute to a decrease in life expectancy. One of the chief architects of Obamacare, Dr. Ezekiel Emanuel, openly advocated for a reduction in life expectancy.

The aim of the ruling class is to extract as much profit from workers as possible while they are of working age and then for them to die quickly so they don’t subtract from profits and funds for warfare. Putting the elderly out on the streets will contribute to a higher mortality rate. It is another indication of the bankruptcy of capitalism that it is not just incapable of preserving life for the elderly, but actively hostile to it.


 I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, dragging us ever closer to nuclear war.                                                    TULSI GABBARD

THE OBAMA-BIDEN-HOLDER HISPANICAZATION of AMERICA… first ease millions of illegals over our borders and into our voting booths!

 How the Democrat party surrendered America to Mexico:

                                                                                          

http://mexicanoccupation.blogspot.com/2014/07/james-walsh-hispanicazation-of-america.html

 

“The watchdogs at Judicial Watch discovered documents that reveal how the Obama administration's close coordination with the Mexican government entices Mexicans to hop over the fence and on to the American dole.”  Washington Times


WAR ON THE AMERICAN WORKER FOR CHEAPER WAGES. IS THAT WHAT HAPPENED TO THE AMERICAN MIDDLE CLASS? 

U.S. Companies Plan over 400K Layoffs as Democrats Claim Business Needs More Foreign Workers to Hire

We are Closing, thanks for your support and business after 35 years, sign posted in small business door, Queens, New York . (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)
Lindsey Nicholson/UCG/Universal Images Group via Getty Images

Companies in the United States have announced, so far this year, more than 400,000 layoffs — more than the layoffs announced in all of last year. The job cuts come as Democrats, on behalf of business special interests, demand more foreign competition in the labor market for employers to hire.

The employment data, collected by Challenger, Gray & Christmas Inc. and published in Bloomberg, shows that roughly 417,500 layoffs have been announced from January through May by U.S. companies across sectors such as technology, banking, retail, and media, among others.

Compare those announced layoffs in just the first five months of this year to the 364,000 total layoffs announced in all of 2022. In tech, there have been almost 140,000 layoffs announced this year so far. This is only slightly fewer than the 169,000 layoffs in tech in 2001.

“Companies cited economic conditions and cost-cutting for more than half of the layoffs announced this year,” Bloomberg noted.

RELATED: GOP Rep. Hunt: Democrats’ Migration Pushes Americans into Poverty:

@USHouseJudiciaryGOP / YouTube
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At the same time, Democrats across the U.S. have suggested that business special interests complain about so-called labor shortages and thus the tens of thousands of border crossers and illegal aliens that President Joe Biden’s administration is admitting into the nation every month ought to be given immediate work permits.e email you provide. You may unsubscribe at any time.

“We have one message, let them work,” New York City Mayor Eric Adams (D) told the Biden administration last month of the thousands of migrants who have arrived in the city since last year. “That is our clear message that we are sending. We must expedite work authorization for asylum seekers, not in the future, but now.”

Migrants camp out in front of the Watson Hotel after being evicted on January 30, 2023 in New York City. Migrants who have been staying at the Watson Hotel since arriving to NYC were evicted over the weekend to be relocated to the recently opened up migrant relief center for single adult men at the Brooklyn Cruise Terminal. The ones who refused have been camping out in front of the hotel since eviction. Several migrants who agreed to the relocation returned, complaining of lack of heat and bathroom space. (Leonardo Munoz/VIEWpress via Getty Images)

New York Gov. Kathy Hochul has issued similar sentiments.

“… at the same time, we have this historic labor shortage, we also have this unprecedented influx of individuals arriving in New York — all of them legally seeking asylum,” Hochul said. “They’re eager to work, they want to work, they came here in search of work.”

WATCH: “Gyms Are for Children!” NY Parents Protest Plans to Use Public Schools for Migrant Shelters:

Christopher Leon Johnson via Storyful
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In Washington, DC, Democrats recently repeated many of the same talking points from the Business Roundtable and U.S. Chamber of Commerce used to demand an endless flow of foreign workers whom jobless Americans would be forced to compete against.

“We’re ignoring the Business Roundtables of America who are crying out for employees to work alongside Americans,” Rep. Sheila Jackson Lee (D-TX) said during a committee hearing last month. “Let me be very clear, we have jobs for Americans, we have tech jobs for Americans, teaching jobs for Americans, law enforcement, firefighter jobs for Americans, but we’re a growing nation.”

As Breitbart News has chronicled, Biden has grown the U.S. payrolls by adding millions of foreign-born workers to the labor market while the share of native-born Americans in the labor market has continued to decline.

WATCH: Rep. Lee: No Border Security Bill Until GOP OKs Even More Migrants:

@USHouseJudiciaryGOP / YouTube
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John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.

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