Despite highest poverty numbers in 50 years, Obama okays illegals to compete for jobs in US
posted at 4:01 pm on November 21, 2014 by Bruce McQuain
It simply doesn’t make sense in any sort of context that says the job of the President of the United States is to look after the welfare of the country’s citizens:
The official U.S. unemployment rate has indeed fallen steadily during the past few years, but the economic recovery has created the fewest jobs relative to the previous employment peak of any prior recovery. The labor-force participation rate recently touched a 36-year low of 62.7%. The number of Americans not in the labor force set a record high of 92.6 million in September. Part-time work and long-term unemployment are still well above levels from before the financial crisis.
Worse, middle-class incomes continue to fall during the recovery, losing even more ground than during the December 2007 to June 2009 recession. The number in poverty has also continued to soar, to about 50 million Americans. That is the highest level in the more than 50 years that the U.S. Census has been tracking poverty. Income inequality has risen more in the past few years than at any recent time.
The true indicator of the actual unemployment rate is the labor participation rate. It is at a 36 year low. The fudged numbers used by the US government hides the actual depth of joblessness problem. And, frankly, it’s a “buyers market” in the labor market. Lots of labor competition for few jobs. That’s one reason you don’t see incomes rising and you do see underemployed Americans.
So let’s introduce about 5 million illegal workers from other countries and enable them to compete in an already depressed labor market and while we’re at it, let’s agitate for a raise in the minimum wage.
Mind blown. How do you square that sort of action with your oath of office if you’re the President of the United States?