President Joe Biden’s deputies have welcomed more than 9 million migrants into the United States, including roughly 6.5 million illegal and quasi-legal migrants, according to the Wall Street Journal.
The tripled inflow of migrants by early 2024 does not include migrants turned away at the border, but still “is nearly as many as the number that came in the previous decade,” says the Journal, whose article is based on recent reports by the Congressional Budget Office (CBO).
The continued inflow of new workers, consumers, and renters allows Biden — and Kamala Harris — to claim their economy is growing because companies are creating jobs for the low-wage migrants, but not for better-paid Americans.
The Journal noted that the inflow may be higher, saying, “The House of Representatives’ Homeland Security Committee estimates at least two million have slipped through the border undetected since late 2020.”
Also, the administration is keeping the door open for more than 170,000 southern migrants each month and is accelerating the inflow of white-collar visa workers.
The inflow is roughly equivalent to three migrants for every four babies born in the United States.
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Biden’s migrants are cutting ordinary Americans’ wages, productivity, and wealth.
Almost 23 percent of Biden’s migrants do not have high-school diplomas, compared to just 10 percent of the adult U.S. population.
Yet the inflow also includes a higher-than-average share of college graduates, according to the newspaper.
Thirty-six percent of the new legal and illegal migrants claim to hold bachelor’s degrees from foreign universities of uncertain quality, the Journal said. That share is slightly higher than the 35 percent of Americans who have earned a four-year college degree.
For example, 2.5 percent of the Biden arrivals work as software developers, compared to 1 percent of Americans.
The inflow of desperate foreign graduates is helping to keep the salaries of U.S. graduates stuck at 2008 levels.
The Wall Street Journal’s report is a cautious summary of the CBO data described in July by Breitbart News, and it only briefly mentions some of the economic impact on Americans.
The migrants “compete with existing workers with less education and put downward pressure on their wages,” the Journal explained. “The surge in immigration could weigh slightly on overall wages and productivity.”
There is much evidence that the mass inflow helps investors to hire cheap and desperate migrant workers and pushes ordinary blue-collar and white-collar Americans out of jobs and careers, housing, and retirement wealth.
The New York Times reported on September 5:
Continue reading: Breitbart.com
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