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Bidenomics 101 (Immigration): Native Born Labor Force UP 3.6%, Foreign Born Labor Force UP 14.6% Under Biden (>1 Millon Foreign Born Jobs Added While 1+ Million Native Born Jobs Lost In August)
Confounded Interest ^ | 09/05/2023 | Anthony B. Sanders

Posted on 09/05/2023 3:37:53 AM PDT by Kaiser8408a

Face it. No one in Washington DC wants to close the border. Republicans supporting big agriculture support open borders and cheap labor, Democrats love open borders for political gains, despite open borders meaning a flood of migrants and depressing job prospects for native born Americans.

Case in point. Under the leadership of Biden (more like a followship because Biden clearly isn’t in charge of anything), the native born labor force (blue line) grew by 3.6%. However, the foreign born labor force (red line) grew by 14.6%.

The media focused on 1 million jobs lost for native-born and a gain of 697k jobs for foreign-born. But this claim is misleading. Look at the month to month changes in the labor force since 2020 (pink box). In several past months, we witnessed the same thing … native born job losses when foreign born gained jobs. But several months had the exact opposite. It is the overall trend that is alarming: native born jobs only grew 3.6% under Vacation Joe Biden while foreign born jobs grew 14.6%.

If we look at Employed full time: Earnings of foreign born as percent of native born: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over, we see that the YoY growth rate of earnings for foreign born declining. I attribute this to open borders and the influx of unskilled, largely uneducated immigrants pouring over the southern border.

Biden’s biographer claims that Biden is worried that he will be remembered as “Stupid.” Well, Biden IS stupid. But he is also the most corrupt President in history.

Simple Joe is what he will be remembered as.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; border; employment; labor
Simple Joe, corrupt Joe, Pedo Joe, dementia Joe, Mean Joe, take your pick. All bad.
1 posted on 09/05/2023 3:37:53 AM PDT by Kaiser8408a
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To: Kaiser8408a

“But he is also the most corrupt President in history.”

And he had cross a very high bar to surpass Lynden Baines Johnson.


2 posted on 09/05/2023 4:24:00 AM PDT by Tupelo (ex uno multis)
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To: Kaiser8408a

The US for a number of years now (Clinton I guess?) has had a very perplexing unofficial policy.

Import workers and export jobs…🤔.

One thing I’m a bit curious about is what is keeping this recession at bay? Interest rates are high, companies are starting to lay off, inflation has caused most families to exhaust their savings and increase their debt, national debt has rocketed up.

Seems perfect ground for a massive recession.


3 posted on 09/05/2023 4:43:33 AM PDT by Phoenix8
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To: Kaiser8408a

The great replacement of white people goes on unabated.


4 posted on 09/05/2023 5:07:00 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: joma89
There it is.

The world only needs a small cadre of White (+Jewish) people to run/own the Black/Brown masses.

5 posted on 09/05/2023 5:43:03 AM PDT by Aevery_Freeman (I choose TRUMP over Tyranny )
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To: Kaiser8408a

As planned.


6 posted on 09/05/2023 5:49:44 AM PDT by ArcadeQuarters (You can't remove RINOs by voting for them!)
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To: Kaiser8408a

Both sides always talk about comprehensive immigration reform when there’s absolutely no need for it. We have laws on the books and all that needs to happen is enforcement of those laws.

It’s disgusting the BS that Congress keeps spewing.


7 posted on 09/05/2023 6:14:12 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Phoenix8

The party is almost over. Savings are depleted. Credit is depleted. Defaults are on the rise. Inflation still significant. Rates most likely not done climbing.


8 posted on 09/05/2023 6:29:36 AM PDT by MrRelevant
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To: joma89

We’ll continue to vote and pretend it matters.


9 posted on 09/05/2023 10:12:07 AM PDT by Jacquerie (ArticleVBlog.com)
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