Key findings in the
report:
Shortages
should not occur in a free market
Tight
labor markets benefit marginalized groups
Wages
have been stagnant over the long term
Labor
force participation is down over the long term
Domestic
industries should hire Americans
Natives
participate in all major occupations
Plenty
of STEM workers are available
Gains
to the economy are not the same as gains to natives
Immigration
is not an efficient solution to population aging
Mike
Bloomberg: Open Borders to Foreign College Graduates
Volume 90%
27 Feb 2020381
7:49
Mike
Bloomberg says Washington should offer green cards and then citizenship to an
almost unlimited number of foreigners who graduate from U.S. colleges.
The economic strategy would help employers — but would flood the
Americans’ white-collar labor market and likely reduce American college
graduates salaries while also spiking prices for the houses needed by the
graduates’ families, said critics.
Bloomberg announced his plan at a February 26 CNN town hall
event:
One of the things in immigration is you’ve got to do some things
quickly … You’ve got to staple a green card on every degree when they [foreign
students] get out of college, particularly if they’re studying STEM [Science,
Technology, Enginering and Math]… We need more immigrants, not less
immigrants. And a lot of them come from China.
Jessica Vaughan, policy director at the Center for Immigration
Studies, said:
Americans would be shut out of job opportunities, and because
employers would no longer have to compete for new graduates, their salaries
would plummet. Anytime you have an inflow of people to particular geographic
locations, there’s going to be a shortage of housing, and Americans and others
are going to be priced out of affordable housing.
This “would mean the annihilation of our American graduate labor
pool,” said Marie Larson, a co-founder of the American Workers Coalition.
Foreigners “will take any jobs because any job here will be
better than anything they can get from where they are coming from … They will
be displacing Americans citizens from their livelihoods,” he added.
But the Bloomberg plan would be a boon to education companies,
Vaughan said. Foreigners “would be willing to pay almost anything for a
degree … just because it would be pass to a green card for them and their
families,” she said.
In contrast,
far-left Sen. Bernie Sanders has
declined to endorse economic policies that would import “high-skilled”
immigration for U.S. employers. The Bloomberg-style economic argument is
largely ignored in Sanders’ easy-immigration plan, even though it would also
allow a huge number of foreign graduates into U.S. jobs. Sanders’ plan promises
to “reform the government agencies tasked with enforcing immigration law to
ensure our immigration agencies and officers are serving a humanitarian
mission, not a law enforcement one.”
The numbers suggested by Bloomberg would dramatically expand
legal immigration into the United States without removing all anti-migration
rules.
U.S.
citizenship is a huge prize for billions of people who were born in poor,
backward, and in chaotically diverse countries. For example, India’s
population is so huge that India has roughly 178 million young men aged 20 to
34. That population of young Indian men is more than half the population of the
United States.
Each year,
roughly four million Americans turn 18, and roughly 800,000 Americans get
skilled, four-year degrees in healthcare, business, science, software, or
engineering. Those Americans then must pay their college debts as they compete
for jobs and housing against roughly one million legal immigrants, more
than one
million college graduate visa workers , plus at
least seven million illegals in jobs.
The current
level of immigration floods the labor market, and it shifts much wealth from
the heartland to the coasts, from young to old, and from wage-earners to
shareholders. For example, Bloomberg.com reported February 24 that
employment among college graduates dropped below blue-collar employment:
Unemployment among Americans aged between 22 and 27 who recently
earned a Bachelor’s degree or higher was 3.9% in December — about 0.3
percentage point above the rate for all workers.
Bloomberg.com
noted that pay for many graduates has
also stalled — and is lagging behind blue-collar pay raises — in
President Donald Trump’s “Blue Collar Boom”:
The strong job market should be helping graduates to pay what
they owe — and at the top end of the wage scale, it is. But in recent years,
while high-school graduates have seen a sharp pickup in earnings, the
lower-earning half of college graduates haven’t — and the gap between them is now
the smallest in 15 years.
More than
four in 10 recent graduates are working in jobs that don’t usually require a
college degree, the New York Fed says. And roughly one in eight is working in a
field where typical pay is around $25,000 a year or less.
…
Part of the problem is that the jobs market is saturated with
degree-holders, while tight labor conditions have ramped up demand for a
different kind of skills — bringing benefits to electricians and plumbers, for
example.
But Bloomberg’s proposal would further saturate the market for
college graduates.
Bloomberg’s
plan would offer green cards to more
than one million foreign college students who are now registered in the
United States. China is the leading source of foreign students with
480,000 registered, far ahead of India’s 250,000 students, Korea’s 90,000
students, and Saudi Arabia’s 6o,000 students. Ten European countries provided
fewer than 100,000 students, according to the visa
data provided
by the Department of Homeland Security.
In addition,
many more foreign youths would grab Bloomberg’s offer of citizenship by quickly
registering at low-quality or high-quality universities. In 2018, for
example, 7.5
million Chinese graduated from college. If just one of every six
Indian men were ready and willing to accept Bloomberg’s offer, it would quickly
boost the U.S. population by 30 million Indians — and they would bring millions
more spouses, parents, and children.
In his 2020
campaign, Bloomberg has repeated his claim that U.S. employers needs skilled
migrants. “This country needs more immigrants, and we should be out looking for
immigrants,” Bloomberg told the San Diego Union-Tribune on
January 5:
For those [employers] who need an oboe player for a symphony, we
want the best one. We need a striker for a soccer team, we want to get the best
one. We want a farmworker, we want to get the best one. A computer programmer,
we want to get the best one. So we should be out looking for more immigrants.
Bloomberg has
also endorsed the S.386
bill to
fast-track citizenship for India’s one-million-strong college-graduate labor
force throughout many American companies, including prestigious companies in
Silicon Valley. The bill is being pushed by Utah legislators, including Sen.
Mike Lee, (-UT)
The S.386
bill is also cheered by FWD.us, an advocacy group for high-tech investors , including Bill Gates and
Mark Zuckerberg.
Bloomberg is an investor with a net worth of roughly $60
billion. So, alongside his call on CNN to loosen immigration rules, he also
said the government should tighten trade rules to protect the economic
interests of investors.
It’s just unrealistic to think that we’re going to stop doing
business with China, but it is not unrealistic to try to pressure them into
doing things on human rights. But it’s not just human rights. They steal
intellectual property. I don’t think there’s any question about that. They are
very unfair in treaties and the way we do business. We can’t own something
there [but] they can own it in our country.
“He’s a self-interested businessman who does not have the best
interest of this country at heart,” said Larson. “He’s taking what isn’t his to
give — the jobs that rightfully belong to American citizens and their children
… That’s not for anybody to give away.”
Bloomberg
Pledges to Investigate ICE and End Trump Policies in Newly Unveiled Immigration
Plan
By Jason Hopkins
Business and Politics Review
. . .
BLOG: IS THIS FOR REAL?!?!?
·
But Bloomberg also wraps his
economic demand for more immigrants in a progressive-style cultural message.
·
Bloomberg told the San Diego Union-Tribune that
amnesty “is a no-brainer — you give [a] pathway to citizenship to 11 million
people.”
·
In December, Bloomberg said additional immigrants could “improve our culture, our
cuisine, our religion, our dialogue, and certainly improve our economy” — but
without being asked by reporters which American cultures, cuisines, religions,
and dialogues do not meet his standards.
Exclusive–Mo Brooks: ‘Masters of the Universe’ Want More
Immigration to ‘Decrease Incomes of Americans’
3:19
Rep. Mo Brooks (R-AL) says the “Masters of
the Universe” want more legal immigration to the United States to further
diminish the incomes of American working and middle-class families.
In an exclusive interview with SiriusXM Patriot’s Breitbart News Tonight , Brooks said
recent demands to increase the number of foreign workers coming to the U.S. to
compete against American citizens for jobs is merely an effort by corporations
to deplete the earnings of Americans.
Brooks said:
I’m not a part of the Masters of the Universe crowd who thinks we
ought to be bringing in all this foreign labor and the reason for it is pure economics. This is the chance for Americans and lawful immigrants who are already here who are working
in the blue-collar trades, who are working in the places where
wages are not as high they ought to be, this is their chance to prosper . [Emphasis added]
And to the extent you import a lot of foreign labor, then you are
artificially increasing the labor supply which in turn means that you’re
artificially suppressing the wages of American families who are often hard-pressed to make ends meet So I
respectfully disagree that we need more foreign labor, to the contrary, I would like to see us reduce the foreign labor that comes into
America so that American families who are struggling to make ends meet , particularly those of us who are earning the least
amounts, would be better to take care of
their own families and less likely to be dependent on the welfare . [Emphasis added]
Brooks said Democrats support for mass legal immigration is
centered on the premise that increasing the number of foreign workers in the
U.S. will decrease Americans’ wages, thus forcing many into poverty and
becoming welfare recipients. This, Brooks said, is how Democrats create a
permanent dependent class of Democrat voters.
“Don’t get me wrong, [Democrats] want to decrease the incomes of
Americans so that they’re dependent on welfare,” Brooks said.
That makes them in turn likely Democrat voters and the best way to
do that is to have a huge surge in the labor supply, particularly illegal
aliens, that will depress their wages therefore creating more Democrats who are dependent on welfare at the same time as they
bring in illegal aliens who also under Democrat doctrine will be allowed to
vote and those types of voters, they’re also dependent on welfare. [Emphasis
added]
“About 70 percent of illegal alien households are on welfare …
plus this is a bloc of voters that seems unusually susceptible to the racial
divisions that the Democrats advance,” Brooks said. “You have to look at the
big picture in all of this, and to me, we should not be importing as much
foreign labor as we are. We should be helping the least among us earn more and
importing foreign labor that suppresses wages is not the way to do that.”
Currently, the U.S. admits more than 1.2 legal immigrants
annually, with the vast majority deriving from chain migration, whereby newly
naturalized citizens can bring an unlimited number of foreign relatives to the
country. In 2017, the foreign-born population reached a record high of 44.5 million.
The U.S. is on track to import about 15 million new foreign-born voters in the next
two decades should current legal immigration levels continue. Those 15
million new foreign-born voters include about eight million who will arrive in
the country through chain migration, where newly naturalized citizens can bring
an unlimited number of foreign relatives to the country.
Breitbart News Tonight broadcasts live on SiriusXM
Patriot Channel 125 from 9:00 p.m. to Midnight Eastern (6:00 p.m.-9:00
p.m. Pacific).
John Binder is a reporter for
Breitbart News. Follow him on Twitter at @JxhnBinder .
Mike
Bloomberg: Employers Should Hire ‘the Best’ Foreigners Instead of Americans
Investor,
CEO, and presidential candidate Mike Bloomberg says
he
would allow investors and employers to hire the “the best”
workers
from around the world instead of Americans.
BLOG:
‘THE BEST’ ARE NOT HIS ILLITERATE MEXICANS HE IS HISPANDERING TO!
“This country needs more immigrants
and we should be out looking for immigrants,” Bloomberg told the San Diego Union-Tribune on
January 5.:
For those who need an oboe player for a symphony, we want the
best one. We need a striker for a soccer team, we want to get the best one. We
want a farmworker, we want to get the best one. A computer programmer, we want
to get the best one. So we should be out looking for more immigrants.
The reporter did not ask Bloomberg to define “best.” But for
cost-conscious shareholders and executives, “best” is a synonym for ‘cheaper
than Americans.’
“If business were able to hire without restrictions from
anywhere in the world, pretty much every [American’s] occupation would be
foreignized,” said Mark Krikorian, director of the Center for Immigration
Studies. He continued:
Americans would have to accept dramatically lower earnings,
whether they object or not. Not just landscapers and tomato pickers, [because]
Indians and Chinese by the millions can do nursing and accounting. There would
not be any job that would not see its earnings fall to the global average.
Bloomberg — who has an estimated wealth of $55 billion — is
trying to exempt investors and shareholders from the nation’s immigration
rules, said Krikorian. For Bloomberg, “immigration laws are not one of those
things that should be allowed to interfere in [the growth of] shareholders’
value,” he said.
“It is obviously unprecedented — but this is not obviously
different from [President] George [W.] Bush’s ideal immigration plan … [and] he
is expressing a pretty standard Republican plutocrat approach to
immigration,” he added.
President Bush described his “any willing
worker” cheap labor plan in 2004, saying :
Out of common sense and fairness, our laws should allow willing
workers to enter our country and fill jobs that Americans have are not filling.
(Applause.) We must make our immigration laws more rational, and more humane.
And I believe we can do so without jeopardizing the livelihoods of American
citizens.
Our reforms should be guided by a few basic principles. First,
America must control its borders …
Second, new immigration laws should serve the economic needs of
our country. If an American employer is offering a job that American citizens
are not willing to take, we ought to welcome into our country a person who will
fill that job.
In December 2018, departing House
Speaker Paul Ryan echoed Bush’s
“any willing worker” goal, saying:
[Immigration reform needs] border security and interior
enforcement for starters, but also a modernization of our visa system so that
it makes sense for our economy and for our people so that anyone who wants to
play by the rules, work hard and be part of American fabric can contribute.
This “any willing worker” idea
encouraged Ryan to work closely — but behind the scenes — with pro-amnesty, pro-migration
groups.
Many GOP legislators echo this “any willing worker” claim when
they declare a “‘legal good, illegal bad,’ approach to migration,” said
Krikorian. That mantra is “piously claiming that illegal immigration is bad,
but is making [pro-American protections] moot by letting huge numbers of people
in legally.”
In contrast, President Donald Trump won his 2016 election on a
promise to shrink immigration. Since then, he has forced down illegal migration
via Mexico and has largely blocked numerous efforts by business to expand the
huge inflow of legal immigrants and visa workers. Trump’s curbs on the supply
of foreign labor have helped to force up wages for blue-collar Americans —
despite determined efforts by business and investment groups to prevent wage
increases.
Bloomberg’s “best worker” pitch is not a problem for the
Democrats’ 2020 base of “woke” progressives, said Krikorian:
He is running in the Democratic primary and there is an overlap
between the plutocrat assault on national borders and the leftist assault on
national borders. They come at the issue from the different starting points but
they have the same enemy, which is Americans’ sovereignty. It is not obvious
that his [pro-employer] immigration stance is going to be a turn-off to Democratic
primary votes.. How different are the specifics of his immigration proposal
from [Joe] Biden, Sen. [Bernie] Sanders or [Sen. Elizabeth] Warren?
Biden, Sanders, and Warren endorse
wide-open borders as a form of charity towards unlucky foreigners fleeing from
home country persecution. For example, a January 5 tweet from Biden said :
Our Statue of Liberty invites in the tired, the poor, the
huddled masses yearning to breathe free. Donald Trump has slammed the door in
the face of families fleeing persecution and violence.
Bloomberg’s pro-employer view is coherent and likely sincere,
said Krikorian.
Bloomberg aspires to a single global labor market, and
everything else follows from that. A concern about improving the lot of
less-skilled American workers is by definition contrary to that view because
there is no such thing as an American labor market. There is only a global
labor market. Domestic employers are not thinking about the consequences for
people from Pennsylvania when they hire people from Tennessee, and Bloomberg
wants that same approach across the entire world.
There is even an altruistic way of viewing that — which I
assume guys like this have — that it improves the lot of Hondurans [and other
migrants] who are coming here.
The issue is not that Bloomberg and his guys are factually
incorrect. It is that their values are contrary to the values that most
Americans hold – which is that we have a greater loyalty and obligation to our
fellow countrymen than to foreigners. Guys like Bloomberg reject that
[obligation] in principle.
But Bloomberg also wraps his economic demand for more immigrants
in a progressive-style cultural message.
Bloomberg told the San Diego Union-Tribune that
amnesty “is a no-brainer — you give [a] pathway to citizenship to 11 million
people.”
In December, Bloomberg said additional immigrants could “improve our culture, our
cuisine, our religion, our dialogue, and certainly improve our economy” — but
without being asked by reporters which American cultures, cuisines, religions,
and dialogues do not meet his standards.
Bloomberg also echoes the Democrats’ claim that the U.S is a
diverse “nation of immigrants,” instead of a country built by similar-minded
settlers from Europe. “This country was built by immigrants,” Bloomberg said,
without noting the role played by Americans and their children.
Bloomberg has long supported greater
immigration. In 2013, he joined with the owner of Fox News, Rupert Murdoch, to
create the Project for a New American Economy. The group of investors and
politicians then pushed for
passage of the failed Gang of Eight amnesty in 2013.
The Congressional Budget Office
(CBO) predicted the planned “Gang of Eight” amnesty would shift more of
the nation’s new wealth from workers to investors.
The flood of roughly 30 million
immigrants in ten years would cause Americans’ wages to shrink, the report
said. “Because the bill would increase the rate of growth of the labor force,
average wages would be held down in the first decade after enactment,” the CBO
report said .
But all that cheap labor would boost the profits and the stock
market, the report said. “The rate of return on capital would be higher [than
on labor] under the legislation than under current law throughout the next two
decades,” says the report, titled “The Economic Impact of S. 744.”
For Bloomberg, Krikorian said, U.S.
“employers have no greater obligation to fellow Americans than to Hondurans [or
other foreign workers] … what Bloomberg is saying is that immigration laws
should not interfere with the pursuit of shareholder value [because] employers
can hire anyone from anywhere at any wage, period.”
No comments:
Post a Comment