American Workers Are Being REPLACED With Illegal Foreign Slave Labor
One month ago we asked a simple question: at a time when the Biden admin is breathlessly taking credit for a quote-unquote "strong" job market, how is it not the biggest political talking point right now that since October 2019, native-born US workers have lost 1.4 million jobs; while over the same period foreign-born workers have gained 3 million jobs!?How is this not the biggest political talking point right now: since October 2019, native-born US workers have lost 1.4 million jobs; over the same period foreign-born workers have gained 3 million jobs?
A few weeks later, when the grotesque and ridiculous January jobs report hit, we reran the analysis to find something even more jarring. Not only were all job gains in the past year entirely thanks to part-time workers, but native-born workers plunged by a another whopping 560 thousand, bringing the two-month total drop to just under 2 million. This meant that not only has all job creation in the past 4 years been exclusively for foreign-born workers, but there has been zero job-creation for native-born American workers since July 2018.
Well, little by little our observations went viral, and soon the fact that immigration has been the only source of growth in the US was picked up by everyone from unimportant people such as fake (or is it fax) economists such as Paul Krugman, all the way to the most important person in the world, (with all due respect to Dementia Joe), the Fed chair Jerome Powell, and even the Congressional Budget Office. And that required an immediate propaganda response.https://twitter.com/zerohedge/status/1753468367397060737
So what does the propaganda blowback against this "biggest political talking point" look like?
Well, let's start with the NY Times' pet Goebbels, Paul Krugman, who just happens to be the world's most overrated economist who in 1998 said that "by 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's", concedes that "all of the increase in employment since the eve of the Covid-19 pandemic has involved foreign-born workers" (but because facts are "political" he mocks that "Trump and those around him clearly believe that immigrants take jobs away from native-born Americans"), and then he proceeds to lose any last trace of credibility liberals may still have in him - since anyone who knows how to click on a hyperlink such as this one can figure it out on their own - when he claims that immigrants "haven’t been taking jobs from the native-born, who are more likely to be employed in their prime working years than they were before the pandemic." Great, the only problem with that is if one also looks at the quality of jobs instead of just quantity, and finds that all jobs in the past year have been part-time jobs.https://fred.stlouisfed.org/series/LNU02073413
Is that the quality of jobs Krugman believes native-born Americans are entitled to? Don't answer that: it's rhetorical. As we showed repeatedly, non-immigrant Americans have not gained any jobs in 6 years, so Krugman's whole argument is one giant strawman.
As for the employment rate among prime-aged native Americans being flat, all Krugman is confirming is that the population of native born Americans is falling just as fast as their employment, which in turn is keeping the numerator and the denominator more or less unchanged. At the same time not only are all new jobs going to immigrants (whether legal or illegal), all of the US population growth is also due to immigrants (whether legal or illegal), which last time we checked, is precisely what the Replacement Theory is all about.https://www.zerohedge.com/economics/biden-unleashes-propaganda-machine-illegal-immigration-will-boost-us-gdp-7-trillion