• MEDIA: The Atlantic Magazine: The Feds Use Migration to Cut Wages

    From John D Groenveld@21:1/5 to All on Sun Jun 11 09:54:25 2023
    Via Breitbart Immigration, Breitbart.COM/immigration, see Neil Munro
    on whether Donald Trump regrets taking Jared Kushner's advice to
    downplay the National Question on the campaign trail against Joe
    Biden and Kamala Harris: <URL:https://www.breitbart.com/economy/2023/06/06/the-atlantic-magazine-feds-use-migration-to-cut-wages/>
    | The massive distortion is revealed by the declining share of new
    | wealth that goes to employees since about 1970.
    |
    | Amid migration, technological centralization, and outsourcing to
    | China, U.S. employees' share of new wealth dropped 10 points from
    | 1970 to 2014 -- from 51.6 percent to 41.9 percent -- according to
    | the Federal Reserve Bank of St. Louis.
    |
    | Employees' share jumped 1 point up under President Donald Trump's
    | lower-migration policy. But their share seems to be declining again
    | under President Joe Biden's easy migration rules.

    Does Susie Wiles worry that Ron DeSantis will invite the likes of
    Mike Emmons onto Miriam Adelson, Ken Griffin, Lachlan Murdoch and
    David Sacks' campaign stage to stump for an immigration moratorium
    as the cure for what ails legacy American proles?
    John
    groenveld@acm.org
    --
    "The establishment RINOs are desperate to stop Trump & destroy the
    America First movement. These globalist politicians want to return
    the GOP to being the party of George Bush, Mitt Romney & Paul Ryan,
    but we're not going to let them win. We're going to Make America
    Great Again! https://t.co/sRBZvzkflV" - Second City Bureaucrat <URL:https://twitter.com/CityBureaucrat/status/1666246240042901507>

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