Saturday, October 30, 2021

JOE BIDEN'S TRICKLE UP ECONOMICS - ILLEGALS AND BUSINESS CRONIES FIRST


The One Percent



The Rise Of The Super Rich - Untold Wealth Of The One Percent Documentary 2020


But business and progressive groups insist that 300 million Americans must subordinate their families to the elites’ goal of importing l0w-wage migrants. “Citizenship Day is a reminder that the job of every single one of us is to ensure that America remains a country worthy of immigrants’ aspirations,” Biden said in a September 17 video.


Democrats Push $100 Billion Giveaway to Economic Migrants, Business

Border Patrol agents processing unaccompanied minors. (Photo: U.S. Customs and Border Protection/Hector Silva)
File Photo: U.S. Customs and Border Protection/Hector Silva
9:17

The Democrats’ $1.7 trillion social-spending bill includes roughly $100 billion to accelerate immigration and give welfare to the children of poor migrants.

A White House document released Thursday says the money will be used to provide layers to migrants and speed border processing for many migrants:

The Build Back Better framework includes a $100 billion investment that will improve our immigration system by providing long awaited relief to millions through reconciliation, and making enhancements to reduce backlogs, expand legal representation, and make the asylum system and border processing more efficient and humane.

The draft bill released by the House includes some spending plans, such as $2.8 billion to speed the award of green cards and citizenship to migrants. None of the $100 billion would be used to finish former President Donald Trump’s border wall or to build more jail cells for drug smugglers.

Construction crews install new border wall sections Wednesday, Jan. 9, 2019, seen from Tijuana, Mexico. U.S. President Donald Trump walked out of his negotiating meeting with congressional leaders Wednesday — "I said bye-bye," he tweeted— as efforts to end the 19-day partial government shutdown fell into deeper disarray over his demand for billions of dollars to build a wall on the U.S.-Mexico border. (AP Photo/Gregory Bull)

Construction crews install new border wall sections Wednesday, Jan. 9, 2019, seen from Tijuana, Mexico. U.S. President Donald Trump walked out of his negotiating meeting with congressional leaders Wednesday — “I said bye-bye,” he tweeted— as efforts to end the 19-day partial government shutdown fell into deeper disarray over his demand for billions of dollars to build a wall on the U.S.-Mexico border (AP Photo/Gregory Bull).

But the Democrats do want to include major shifts in migration policy in their bill.

Democrats want to amnesty several million migrants, via either a “Plan C” or a “Plan D.” The plans may be deemed as policy, not budgetary, by the Senate’s debate referee, and so be excluded from the Senate’s version of the spending plan.

Democrats also want to increase the number of future immigrants by “recapturing” green cards that were supposedly “wasted” in years when the legal immigration flow fell below the maximum allowed by law. In most cases, the green cards were handed out the next yers, under laws that require used green cards to be shifted towards existing backlogs. The details of this plan are confusing, but pro-migration advocates for business are hoping for an additional 2.2 million imported consumers, renters and workers to take the jobs and homes that would otherwise go to young Americans.

Still, the Senate’s referee parliamentarian can exclude those projects because the Democrats are trying to get their spending plan through the Senate via a special “reconciliation bill.”

The House plan also would allow at least one million company-imported visa workers to bypass the annual limit on the award of green cards and also allow millions of chain migrants to bypass the multi-year waiting line to get into the United States. This plan has gotten very little coverage in the establishment media, despite its huge scale.

If allowed by the Senate referee, these visa-worker and chain-migration policies would impose huge economic and civic costs on Americans. For example, the visa-worker change would inflict more Fortune 500 hiring discrimination against millions of American college graduates in many types of careers. The expanded chain-migration would force Americans to pay even higher rents and mortgage costs in the major coastal states.

Establishment media outlets are downplaying the impact. For example, on October 28, Mike Bloomberg’s BGov.com site merely said, “The House draft also includes provisions to help people in the legal immigration system by recapturing unused green cards, allowing some immigrants to adjust their legal status faster and bypass some overall and per-country caps on visas.”

President Joe Biden’s border chief, Alejandro Mayorkas, provided a clue on Friday about how he wants to quickly deliver more wage-cutting, rent-boosting migrants into what he insists is a “Nation of Immigrants”: “The United States is working bilaterally and multilaterally with countries across the Western Hemisphere, seeking to encourage humane border enforcement and enhance legal pathways throughout the region.”

US President Joe Biden stands alongside Secretary of Homeland Security Alejandro Mayorkas (L) after signing executive orders related to immigration in the Oval Office of the White House in Washington, DC, February 2, 2021. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

US President Joe Biden stands alongside Secretary of Homeland Security Alejandro Mayorkas (L) after signing executive orders related to immigration in the Oval Office of the White House in Washington, DC, February 2, 2021 (Photo by SAUL LOEB/AFP via Getty Images).

The legal pathways include a new program to fly foreign children into the United States if their illegal-migrant parents can get a semi-legal status in the U.S. The eligible parents include illegal migrants who can persuade local cops that they would serve as witnesses if a crime, even a minor crime, is inflicted by another illegal or is entirely fake.

Mayorkas also said he wants to hire bureaucrats to quickly grant green cards — and thus citizenship — to migrants at the border, without any pushback from judges or review by groups that recognize the economic harm of migration:

Once implemented, the Asylum Officer Rule is expected to represent a transformative and lasting shift in asylum claim processing that will ensure rapid and fair processing in a way that delivers appropriate outcomes and realistically keeps pace with the workflow.

Achieving the rule’s objectives will require substantial investment in resources, training, and personnel; to fully implement this new process, USCIS will need to quadruple the current asylum officer corps.

The Democrats’ offer of $100 billion would provide Mayorkas with plenty of money to hire more pro-migration asylum officers.

However, most of the $100 billion may be allocated to welfare spending for the migrants, who have brought children across the border since 2009.

Breitbart reported on October 29 an analysis of the welfare plan by the Center for Immigration Studies, which said:

We estimate that illegal immigrants will receive $8.2 billion in payments from the new program annually — more than triple what they were eligible for under the old [Additional Child Tax Credit] — while legal immigrants will receive $17.2 billion. The 10-year cost just for illegal immigrants would total roughly $80 billion.

The spending likely would prompt many migrants to urge their at-home relatives to bring their children across Mayorkas’s half-open border and into Americans’ communities and schools.

The welfare plan is also an economic giveaway to investors in Walmart, Target, Safeway, Giant, and other retail and grocery stores because much of the welfare money would be spent in those stores.

The plan is also an economic giveaway to Democrat-run coastal states, where most illegal migrants choose to live. The extra migrants would cut blue-state Americans’ wages and raise their taxes — but would also help blue-state businesses rack up more profits and would raise the wealth of blue-state landlords and real estate investors.

Democrats are downplaying public discussion about their unpopular plans to subsidize illegal migration.

For example, Politico reported on a Friday meeting in Congress where President Joe Biden touted the spending bill. The report did not mention immigration, but, instead, emphasized climate-related spending:

A Democratic source in the room for Biden’s visit noted that he touted the infrastructure bill and deliberately highlighted its components that would be the most appealing to progressives. Chief among those are the bill’s climate resiliency provisions and help with lead pipelines nationwide that continue to expose children to toxins in water …

Democrats on the House Rules Committee plan to reconvene as soon as Monday to continue teeing up its roughly $1.75 trillion investment in climate action and the safety net.

Pelosi and her leadership team have instructed House committee chairs to formalize their revisions to the initial 1,684-page draft of Biden’s bill by Sunday night. After a five-hour hearing on the social spending bill on Thursday, Democrats on the House Rules Committee plan to reconvene as soon as Monday to continue teeing up its roughly $1.75 trillion investment in climate action and the safety net.

GOP leaders in the House and Senate are likely to oppose the overall spending plan, largely because it would fund the conversion of many migrants into Democrat voters. The many extra Democrat votes would be a direct threat to the GOP legislators’ jobs after 2028.

Many polls show that labor migration is deeply unpopular because it damages ordinary Americans’ career opportunities, cuts their wages, and raises their rents. Migration also curbs Americans’ productivity, shrinks their political clout, widens regional wealth gaps, and wrecks their democratic, compromise-promoting civic culture.

For many years, a wide variety of pollsters have shown deep and broad opposition to labor migration and the inflow of temporary contract workers into jobs sought by young U.S. graduates.

This opposition is multiracialcross-sexnon-racistclass-basedbipartisanrationalpersistent, and recognizes the solidarity Americans owe to one another. The polling — and the census data — debunks the 1960s-style claim by pro-migration advocates that Americans must live in a “nation of immigrants.”

But business and progressive groups insist that 300 million Americans must subordinate their families to the elites’ goal of importing l0w-wage migrants. “Citizenship Day is a reminder that the job of every single one of us is to ensure that America remains a country worthy of immigrants’ aspirations,” Biden said in a September 17 video.

In 2013, Alejandro Mayorkas, now President Joe Biden’s border chief, declared  that Americans’ homeland is “a nation that always has been and forever will remain a Nation of Immigrants.”

DID LYING LAWYER JOE BIDEN LIE AGAIN?!? - Catholic League Skeptical of ‘Pathological Liar’ Joe Biden’s Account of Meeting with Pope Francis

 

Catholic League Skeptical of ‘Pathological Liar’ Joe Biden’s Account of Meeting with Pope Francis

US President Joe Biden, first lady Jill Biden and Pope Francis walk as they meet at the Vatican, Friday, Oct. 29, 2021. President Joe Biden is set to meet with Pope Francis on Friday at the Vatican, where the world’s two most notable Roman Catholics plan to discuss the COVID-19 …
Vatican Media via AP
2:52

ROME — Catholic League President Bill Donohue said Friday he maintains a “healthy skepticism” about President Joe Biden’s unconfirmed claim that Pope Francis called him a “good Catholic” and encouraged him to “keep receiving Communion.”

Biden met with Pope Francis in the Vatican for approximately 75 minutes Friday morning, after which he was asked by reporters if the issue of abortion had arisen during their meeting.

“No, it didn’t,” Biden said. “It came up — we just talked about the fact that he was happy I was a good Catholic and I should keep receiving Communion.”

From what we “know about the Vatican’s handling of the meeting and Biden’s long record of lying about many important matters, we are maintaining a healthy skepticism about the president’s rendition,” Dr. Donohue states.

Pulling no punches, Donohue writes that “Biden is a pathological liar,” which makes his account of the meeting dubious at best.

The president’s promiscuous relationship with the truth goes back over 50 years, Donohue observes, and involves repeated episodes of plagiarism, reversal of facts, misremembering, and arrant tale-telling, all of which have been confirmed by left-wing outlets like Slate and the Washington Post, which are firmly in Biden’s corner.

In 1987, for instance, Slate recounted that Biden had not only plagiarized a speech by British Labor Party leader Neil Kinnock, but had appropriated personal biographical facts from Kinnock’s life as if they were his own.

Biden “plagiarized from speeches given by Robert Kennedy, John F. Kennedy and Hubert Humphrey,” Donohue notes, and “confessed to receiving an ‘F’ in a law school course because he plagiarized five pages from a published article.”

The Washington Post documented a series of lies Biden told about his academic credentials, including claims he had graduated with “three degrees” from the University of Delaware. (He received one.) He also stated that he graduated at the top of his class at Syracuse Law School. (He was 76th in a class of 85.)

More recently, the Post also published a list of 78 false or misleading statements Biden had made in his first 100 days in office.

It is for these reasons, Donohue said, “that we are skeptical of Biden’s account of what the pope said to him at their meeting.”

Pope Francis looks on as he addresses reporters aboard the plane bringing him back following a two-day trip to Morocco on March 31, 2019. (Photo by Alberto PIZZOLI / POOL / AFP) (Photo credit should read ALBERTO PIZZOLI/AFP via Getty Images

ALBERTO PIZZOLI/AFP via Getty Images

For its part, the Vatican has declined to comment on Biden’s rendition of what transpired between him and the pope. Asked if the pope had said Biden should keep receiving Holy Communion, Matteo Bruni, the director of the Holy See press office, said, “I would consider it a private conversation, and it is limited to what was said in the public statement,” which made no mention of such a comment.

US President Joe Biden, left, talks with Pope Francis as they meet at the Vatican, Friday, Oct. 29, 2021. President Joe Biden is set to meet with Pope Francis on Friday at the Vatican, where the world̢۪s two most notable Roman Catholics plan to discuss the COVID-19 pandemic, climate change and poverty. The president takes pride in his Catholic faith, using it as moral guidepost to shape many of his social and economic policies. (Vatican Media via AP)

US President Joe Biden, left, talks with Pope Francis as they meet at the Vatican, Friday, Oct. 29, 2021 (Vatican Media via AP).

Vatican Mute When Asked if Pope Francis told Biden to Continue Receiving Communion

US President Joe Biden, left, talks with Pope Francis as they meet at the Vatican, Friday, Oct. 29, 2021. President Joe Biden is set to meet with Pope Francis on Friday at the Vatican, where the world’s two most notable Roman Catholics plan to discuss the COVID-19 pandemic, climate change …
Vatican Media via AP
2:45

ROME — The Vatican declined to comment Friday about U.S. President Joe Biden’s claim that Pope Francis had encouraged him to keep receiving Holy Communion at Mass.

Biden met with Pope Francis in the Vatican for approximately 75 minutes Friday morning, after which reporters asked him if the topic of abortion had come up during their meeting.

“No, it didn’t,” Biden said. “It came up — we just talked about the fact that he was happy I was a good Catholic and I should keep receiving Communion.”

A number of U.S. bishops have urged Biden to stop referring to himself as a “devout Catholic” because of his vocal stand against core Church teachings on abortion, same-sex marriage, transgenderism, and religious freedom. Some prelates have said publicly that the president should voluntarily cease receiving Holy Communion.

Democratic presidential candidate and former US Vice President Joe Biden visits Grace Lutheran Church in Kenosha, Wisconsin, on September 3, 2020, in the aftermath of the police shooting of Jacob Blake. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Democratic presidential candidate and former US Vice President Joe Biden visits Grace Lutheran Church in Kenosha, Wisconsin, on September 3, 2020 (JIM WATSON/AFP via Getty Images).

Asked if the pope had indeed said Biden was a good Catholic and that he should continue receiving Holy Communion, Matteo Bruni, the director of the Holy See press office, said, “I would consider it a private conversation, and it is limited to what was said in the public statement.”

The public Vatican communiqué said the two leaders spoke about climate change, the coronavirus pandemic, immigration, and human rights, including religious freedom.

Breaking the usual protocol for meetings between the pope and a head of state, the Vatican did not allow media to be present for the Biden-Francis meeting, and no video live stream was provided. It is unclear whether the decision to shut out media came from the Vatican or the White House.

Catholic League President Bill Donohue said he is maintaining a healthy skepticism regarding Biden’s account of his meeting with the pope, both because it makes little sense and because Biden is a “pathological liar.”

Biden is only the second Catholic to become president, and U.S. bishops have repeatedly admonished him for his reinstatement of taxpayer-funded abortion domestically and abroad.

A January 20 statement by the president of the U.S. Bishops’ Conference (USCCB), Archbishop José Gomez, lamented that “our new President has pledged to pursue certain policies that would advance moral evils and threaten human life and dignity, most seriously in the areas of abortion, contraception, marriage, and gender.”

“Of deep concern is the liberty of the Church and the freedom of believers to live according to their consciences,” the statement said.

Pope Francis has repeatedly condemned abortion as a heinous crime, calling it “murder” and comparing killing the unborn to “hiring a hitman” to take out an enemy.

Joe Biden: Pope Francis Told Me ‘I Was a Good Catholic’ and to ‘Keep Receiving Communion’

US President Joe Biden, left, shakes hands with Pope Francis as they meet at the Vatican, Friday, Oct. 29, 2021. President Joe Biden is set to meet with Pope Francis on Friday at the Vatican, where the world’s two most notable Roman Catholics plan to discuss the COVID-19 pandemic, climate …
Vatican Media via AP
2:15

President Joe Biden said Friday that Pope Francis told him to keep receiving communion — even though he publicly supports killing unborn children through abortion.

“We just talked about the fact that he was happy that I was a good Catholic and to keep receiving communion,” Biden told reporters after his private meeting with the pope at the Vatican. He said they did not discuss the issue of abortion.

When asked by reporters if the pope told him to keep receiving communion, Biden replied, “Yes.”

The pope met privately with Biden for about 90 minutes at the Vatican, but the America press was prevented from covering the meeting.

Video footage released by the Vatican showed that Biden told the pope the story about African-American baseball player Satchel Paige when he first arrived.

The Vatican said the pope and Biden discussed climate change, healthcare, the coronavirus pandemic, and assisting refugees and migrants. They also spoke about freedom of religion and conscience and the protection of human rights.

Biden’s claim about what the pope told him privately about practicing his faith were not verified by the Vatican.

President Biden repeatedly claims to be a practicing Catholic, even though he publicly defies church teaching on abortion.

The Catechism of the Catholic Church teaches that “human life must be respected and protected absolutely from the moment of conception.”

In September, Biden even contradicted Church teaching after voicing his opinion that life did not begin at the moment of conception.

“I respect those who believe life begins at the moment of conception and all … I respect that. Don’t agree. But I respect that,” he said.

The president typically attends Mass every weekend and receives communion even though some Catholic bishops have questioned whether public officials should be permitted to receive communion while taking a public stance supporting abortion.

Biden has previously described his decision to receive communion as a “private matter” that he would not discuss in public.

“That’s a private matter,” Biden said when asked about the USCCB discussion of the issue. “And I don’t think that’s going to happen.”


FAILING AMERICAN ECONOMY - BIDENOMICS HANDS IT TO THE SUPER RICH AND CRONIES ON WALL STREET

 The Root Cause of People Leaving California | Joel Kotkin

https://www.youtube.com/watch?v=3viy5DISO7M


“Lower-income households faced sluggish real wage growth, economic insecurity, tighter credit limits, and increasingly unaffordable assets. Higher-income households, on the other hand benefited from the financial asset inflation caused by QE.”

US records lowest growth rate in pandemic “recovery”

The latest data from the US Commerce Department, showing gross domestic product grew at an annual rate of only 2 percent in the third quarter, down from 6.7 percent over the previous three months, is part of a global trend.

The US slowdown comes in the wake of lower growth in China, where third quarter growth fell to 4.9 percent year on year—an increase of only 0.2 percent on the previous three months—and the announcement earlier this week by the German government that it was cutting its forecast for growth this year from 3.5 percent to 2.6 percent.

Trader Robert Arciero works on the floor of the New York Stock Exchange, Tuesday, Aug. 10, 2021. (AP Photo/Richard Drew, File)

This means that the world’s first, second and fourth largest economies respectively have all reported lower growth this month.

The situation is no better in the world’s third largest where the Bank of Japan this week revised down its growth estimate for the year to March 2022 from 3.8 percent to 3.4 percent. Over the longer term it said potential economic growth was “around zero or slightly positive.”

The US growth figure of 2 percent in seasonally adjusted terms was the lowest since the recovery from the pandemic recession and was well below economists’ forecasts of a 2.7 percent increase.

The main factor in the decline was the fall in consumer spending which rose at an annual rate of just 1.6 percent for the quarter compared to an increase of 12 percent in the second. Behind this was a 9.6 percent decline in consumer goods purchases which has been attributed to supply chain problems.

New vehicle sales fell by an annual rate of 68.1 percent, furniture sales dropped by 15.4 percent and sales of household appliances were down 17.7 percent. Services spending rose at an annual rate of 7.9 percent compared to an annual increase of 11.5 percent in the previous quarter.

Business spending on capital equipment also showed a decline. It fell at an annual rate of 3.2 percent in the September quarter, largely because of reductions in spending on technical equipment and transportation.

As the US economy shows signs of slowing, inflation continues to rise. The consumer price index rose by 5.4 percent in September and shows no sign of abating. When prices began to rise as a result of increased commodity prices, particularly for oil and energy, and as a result of supply chain problems, Fed chair Jerome Powell insisted the surge would be “transitory.”

But confronted with economic reality, Powell has had to adjust his assessment. Speaking at a virtual conference last week, he said: “Supply-side constraints have gotten worse. The risks are clearly now to longer and more persistent bottlenecks, and thus to higher inflation.”

The Fed’s greatest concern is that the rising inflation will further fuel the developing upsurge in the working class. Powell repeated previous assurances to Wall Street that “no one should doubt that we will use our tools to guide inflation back down to 2 percent.”

The surge in inflation and the development of bottlenecks across the economy is being blamed on the effects of the pandemic.

But a different perspective was provided in a comment piece published in the Financial Times earlier this month by Jeff Currie, the head of commodities research at Goldman Sachs.

He wrote that apart from some labour issues the present bottlenecks “have little to do with COVID.” The roots of the “commodity crunch,” he continued, could be “traced back to the aftermath of the financial crisis and the following decade of falling returns and chronic under-investment” in what he called the old economy.

This was a direct result of the policies pursued after the global financial crisis of 2008 when the Fed, via its quantitative easing (QE) program, supported financial markets.

“Lower-income households faced sluggish real wage growth, economic insecurity, tighter credit limits, and increasingly unaffordable assets. Higher-income households, on the other hand benefited from the financial asset inflation caused by QE.”

This disparity in incomes hit the old economy hard. As lower-income demand fell so longer-term investment declined “in favour of short-cycle ‘new economy’ in investment in areas such as technology.” Currie did not refer to it, but he could have pointed to the massive amounts of capital that were diverted to speculation on stocks and other financial assets as well as share buybacks.

His conclusion was that “as infrastructure aged and investment waned, so did the old economy’s ability to supply and deliver the commodities underpinning many finished goods” and, after years of neglect, phenomena such as rising gas prices and copper shortfalls could be described as its “revenge.”

The European economy is also being gripped by the same forces—rising inflation and supply bottlenecks. In her press conference following a meeting of the European Central Bank’s governing council on Thursday, ECB president Christine Lagarde acknowledged these factors would remain longer than expected.

She maintained, however, that price rises were temporary as she pushed back against pressure to raise interest rates. At 4.1 percent, the annual rate of inflation in the euro zone is at its highest level in 13 years and in Germany it reached 4.6 percent this month, the highest since 1993.

In Spain the inflation surge is even stronger with prices rising at an annual rate of 5.5 percent in October, the biggest increase in almost three decades and a full percentage point above predictions by economists.

Rising energy prices, which have gone up by 18.6 percent, according to the German statistical agency, are cited as the main reason for the overall surge in consumer prices.

Lagarde said the ECB’s discussions have been focused on “inflation, inflation, inflation” and the governing council had done a lot of “soul searching” to test its analysis that it would subside.

Financial markets are already pricing in higher levels. However, Lagarde said the ECB analysis did not support raising interest rates next year “nor anytime soon thereafter.”

This stand is being driven by the fear that any interest rate rise could choke off the recovery in the euro area economy. Lagarde said while the economy continued to recover “strongly,” momentum had “moderated to some extent.”

Despite the ECB’s efforts to maintain stimulation, it may be overwhelmed by market movements. Questioned about ECB policy in the light of moves for rate tightening by the Canadian, New Zealand and UK central banks, Lagarde said such comparison were “odious” and the outlook was different in Europe.

As she spoke, financial markets, increasingly sceptical of the claim that inflation is a passing phase, were giving a different message. A comment in Bloomberg noted that the yields on five-year Italian bonds have surged in the past weeks and reached their highest level in more than a year.

The ECB, like other central banks, seeks to give the impression that it has the economy in hand but the surge in inflation, the result of forces beyond its control, is making that much more difficult.


CLINTON – OBAMA – TRUMPERNOMICS:

STEAL FROM THE AMERICAN MIDDLE-CLASS and

HAND IT TO THE SUPER RICH ON A SILVER

PLATTER!

http://mexicanoccupation.blogspot.com/2018/05/clinton-obama-trumpernomics-rich-get.html

 "The Wealth-X report shows that the world’s billionaire population has grown by 15 percent, to 2,754 people, since 2016, and that the wealth of these billionaires “surged by 24 percent to a record level of $9.2 trillion,” equivalent to 12 percent of the gross domestic product of the entire planet."

 The legislation has been shaped entirely by the class interests of the capitalist ruling elite, which demands both a continued supply of cash from the Treasury and a stepped-up supply of low-wage labor in the midst of the pandemic. In the course of these “negotiations,” measures that provide subsidies to businesses or promote the entry of more workers into the labor force have advanced, while measures that cost business money, sustain working people while they are not actively employed, or simply improve their lives, have been killed.

Biden opened the border, flooding our nation with millions of unemployed, unvetted, often terribly sick people who have no knowledge of or respect for our institutions.  Most plan to get the welfare and health care Biden promised.  Nothing stops terrorists and serious criminals, including killers; rapists; pedophiles; and traffickers of women, children, and drugs.  America receives no benefit from opening our border to impoverished, illiterate people from over 120 countries.  To add insult to injury, while Americans are being destroyed over the vaccine mandate, illegal aliens need not be vaccinated.

Biden’s ‘Build Back Better’ Budget Includes $80B Wealth Transfer to Illegal Aliens

ROMA, TEXAS - JUNE 17: Immigrants seeking asylum walk to be processed and taken to a border patrol processing facility after crossing the Rio Grande into the United States on June 17, 2021 in Roma, Texas. A surge of mostly Central American immigrants crossing into the United States has challenged …
Brandon Bell/Getty Images
3:16

President Joe Biden’s “Build Back Better Act,” a filibuster-proof $1.75 trillion budget reconciliation package, includes an $80 billion wealth transfer from Americans to illegal aliens via child tax credits.

This week, Democrats unveiled a reconciliation package that they negotiated with the Biden administration that would extend the Child Tax Credit (CTC) for another year and deliver billions of dollars to illegal aliens who would be able to claim the tax credit without ever having to work.

Specifically, as Breitbart News reported, estimates project that, if passed, the budget would provide illegal aliens with about $80 billion in child tax credits over the course of a decade — a massive cost to American taxpayers who would have to foot the bill. Analysis by the Center for Immigration Studies explains:

We estimate that illegal immigrants will receive $8.2 billion in payments from the new program annually — more than triple what they were eligible for under the old [Additional Child Tax Credit] — while legal immigrants will receive $17.2 billion. The 10-year cost just for illegal immigrants would total roughly $80 billion.

(Center for Immigration Studies)

(Center for Immigration Studies)

About 63 percent of immigrant-headed families, including illegal and legal immigrant households, with children would receive the tax credits. Meanwhile, 52 percent of native-born American families with children would get the tax credits.

Similarly, illegal aliens would score the highest tax credit payments under the plan, getting more than $5,100, while legal immigrants would secure $4,800 payments and native-born Americans would get $4,600.

Democrats and the Biden administration are pushing the plan despite opposition from most Americans. A Morning Consult survey this month found that 52 percent of registered voters are opposed to making permanent Biden’s expanded child tax credits. Just 35 percent, the survey shows, want the tax credits to be made permanent.

Likewise, a majority of 53 percent of swing voters said they oppose making the tax credits permanent and less than 3-in-10 said they want them to be made permanent. About 70 percent of Republican voters said they are opposed to the tax credits becoming permanent, while just 21 percent said the opposite.

With non-college-educated voters, a vital working class demographic for both parties, 53 percent said they are opposed to making the tax credits permanent, while 32 percent said they want the tax credits made permanent.

Already, the most recent research estimates that illegal immigration to the U.S. costs American taxpayers about $134 billion annually. The research suggests that each illegal alien costs taxpayers about $9,300 every year.

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

Report: Biden Considers Paying Border Crossers $450K Each in Reparations

MCALLEN, TX - JUNE 12: Central American asylum seekers wait as U.S. Border Patrol agents take groups of them into custody on June 12, 2018 near McAllen, Texas. The families were then sent to a U.S. Customs and Border Protection (CBP) processing center for possible separation. U.S. border authorities are …
John Moore/Getty Images
4:25

President Joe Biden’s administration is considering a plan that would give border crossers, who were subjected to former President Donald Trump’s “Zero Tolerance” policy, about $450,000 each in a reparations-style payout.

Trump had instituted the Zero Tolerance policy at the United States-Mexico border in 2018 to reduce illegal immigration. The policy, as Breitbart News reported at the time, had been effective since at least before 2001.

As a result of the policy, adult border crossers were often put into separate holding facilities from the children they arrived with at the southern border. Since then, the border crossers who were subjected to the policy have sued the federal government.

The Biden administration, the Wall Street Journal reveals, is now weighing whether to provide those border crossers with $450,000 each as part of a payout in the lawsuits filed.

In some instances, a migrant family could secure about $1 million from such a payout, more than some of the American families received following the September 11, 2001 terrorist attacks. The payout, overall, could cost American taxpayers more than $1 billion.

The Journal reports:

The Biden administration is in talks to offer immigrant families that were separated during the Trump administration around $450,000 a person in compensation, according to people familiar with the matter, as several agencies work to resolve lawsuits filed on behalf of parents and children who say the government subjected them to lasting psychological trauma. [Emphasis added]

The U.S. Departments of Justice, Homeland Security, and Health and Human Services are considering payments that could amount to close to $1 million a family, though the final numbers could shift, the people familiar with the matter said. Most of the families that crossed the border illegally from Mexico to seek asylum in the U.S. included one parent and one child, the people said. Many families would likely get smaller payouts, depending on their circumstances, the people said. [Emphasis added]

In another instance, a Department of Homeland Security attorney involved in the settlement talks complained on a conference call that the payouts could amount to more than some families of 9/11 victims received, one person said. Other people said senior departmental officials were in alignment on the amount and disputed the 9/11 comparison, given that the U.S. government hadn’t been responsible for the Sept. 11, 2001, terrorist attacks. The 9/11 victim compensation fund averaged awards to the dead of around $2 million, tax-free, at the time an unprecedented payout, the administrator of the fund has said. [Emphasis added]

“It would be unthinkable to pay damages to a burglar who broke into your home for the ‘psychological trauma’ they endured during the crime,” Sen. Tom Cotton (R-AR) said in a statement. “And yet the Biden administration wants to reward migrants who illegally entered our country with up to $450,000 each for just that reason.”

“The Biden administration’s promises of citizenship and entitlement programs have already caused the worst border crisis in history — a huge cash reward will make it even worse. This is the height of insanity,” Cotton said.

In their lawsuits, border crossers allege that their separation from the children they arrived with at the U.S.-Mexico border spurred mental health issues and trauma that they have struggled to overcome.

Lawyers for the border crossers want around $3.4 million per family unit.

Such settlements have occurred in recent years. For example, in June 2019, a family of Honduran border crossers won $125,000 in damages after they filed a lawsuit claiming the federal government had mistreated them when holding them in detention facilities.

In May, reports circulated that as part of such a settlement with border crossers subjected to the Zero Tolerance policy, the Biden administration would fly deported illegal aliens back to the U.S. and provide them with amnesty to remain in the country, as well as payments and social services.

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


Labor Costs Rise at Record Pace But Workers Still Lose Out To Inflation

US President Joe Biden waves as he boards Air Force One at Andrews Air Force Base before departing for Italy and the United Kingdom on October 28, 2021 at Joint Base Andrews, Maryland. - President Biden is traveling to the G20 summit in Rome and COP26 in Glasgow. (Photo by …
Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
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The cost of employing the average U.S. worker increased at the fastest pace on record in the third quarter, data from the Labor Department showed Friday.

But workers are still losing out to inflation on an annual basis.

The employment cost index jumped 1.3 percent from the prior quarter, according to Labor Department data released Friday. The gauge increased 3.7 percent from a year earlier.

Wages and salaries, which make up 70 percent of overall compensation, increased 4.2 percent for the 12-month period ending in September 2021, a big acceleration from the 12-month period ending a year ago. Compared with the second quarter, wages were up 1.3 percent.  The cost of benefits rose 2.5 percent compared with 12 months ago, and 0.9 percent compared with the second quarter.

The Consumer Price Index, the Labor Department’s inflation metric, rose up 5.4 percent over the 12 months ending in September. Another measure of inflation, which gauges the changes in prices paid by wage earners and clerical workers, was up 5.9 percent.

The Department of Labor said wages and salaries fell 1.1 percent compared with a year ago after adjusting for inflation, which it does by comparing non-seasonally adjusted CPI for all urban consumers with unadjusted ECI.

A silver lining: inflation-adjusted wage costs rose six-tenths of a percentage point compared with the prior quarter, according to the Department of Labor. Overall compensation was up four-tenths of a percentage point. So even though workers are still behind on an annual basis, they regained some ground in the July through September period.

Economists had forecast a smaller rise in compensation costs of 0.9 percent for the quarter and 3.7 percent annually.

Compensation costs for workers in the private sector increased 4.1 percent over the year. Wages were up 4.6 percent and benefit costs up 2.6 percent.

Annual compensation cost increases ranged from 3.2 percent for management, professional, and related occupations to 6.1 percent for service occupations. Construction worker compensation rose three percent compared with a year ago. Leisure and hospitality compensation costs jumped 6.9 percent. Transportation and materials shipping workers were paid 5.7 percent more. The cost of employing workers in manufacturing rose 4.5 percent.