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Old 05-10-2024, 10:05 AM
 
Location: the very edge of the continent
89,370 posts, read 45,100,927 times
Reputation: 13814

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The WEF admits WHY the Biden Admin is allowing mass illegal immigration... to intentionally keep wages SUPRESSED. They're actively working against YOUR best interest.
Quote:
"A surge in immigration has made the U.S. economy more competitive by preventing wages from rising more than they otherwise would have, the head of the International Monetary Fund said Thursday.
Asked to explain why U.S. economic growth is currently outpacing Europe, IMF Managing Director Kristalina Georgieva cited “abundant labor coming across the border,” alongside innovation and relatively moderate energy prices.

“It creates a domestic political problem,” said Georgieva, who was just selected to serve a second term at the IMF’s helm. “Not everybody who crosses the border adds positively to the economy. But that labor supply also gave to the United States another comparative advantage: Wages are not pushing up, because there is no strong pressure because of lack of labor."
(No paywall) Immigration Holds U.S. Wage Pressures in Check, IMF’s Georgieva Says - WSJ
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Old 05-10-2024, 10:33 AM
 
78,777 posts, read 60,963,448 times
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I've been explaining that on this forum for years and years.

But it's not just Biden that has kept cheap labor flowing he just put it on steroids.

It has been a bi-partisan effort to bring in cheap labor.

Don't give a pass to all of the past congress, senate and presidents on this.

Most impacted by suppressed wages are going to be poorer and browner but like geniuses they just portray opposition to all of the cheap illegal labor as racism.
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Old 05-10-2024, 10:37 AM
 
Location: the very edge of the continent
89,370 posts, read 45,100,927 times
Reputation: 13814
Quote:
Originally Posted by Mathguy View Post
I've been explaining that on this forum for years and years.

But it's not just Biden that has kept cheap labor flowing he just put it on steroids.

It has been a bi-partisan effort to bring in cheap labor.

Don't give a pass to all of the past congress, senate and presidents on this.

Most impacted by suppressed wages are going to be poorer and browner but like geniuses they just portray opposition to all of the cheap illegal labor as racism.
Oh, I agree it has been bipartisan prior to Biden. But WHY did the Biden Admin INCREASE illegal immigration so exponentially? Especially when this actually HARMS Americans by artificially suppressing wages?
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Old 05-10-2024, 10:38 AM
 
Location: deafened by howls of 'racism!!!'
52,977 posts, read 34,809,429 times
Reputation: 29421
Quote:
Originally Posted by InformedConsent View Post
Oh, I agree it has been bipartisan prior to Biden. But WHY did the Biden Admin INCREASE illegal immigration so exponentially? Especially when this actually HARMS Americans by artificially suppressing wages?
he sees them as future [D] votes. that simple.
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Old 05-10-2024, 10:43 AM
 
Location: the very edge of the continent
89,370 posts, read 45,100,927 times
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Quote:
Originally Posted by InformedConsent View Post
Oh, I agree it has been bipartisan prior to Biden. But WHY did the Biden Admin INCREASE illegal immigration so exponentially? Especially when this actually HARMS Americans by artificially suppressing wages?
Quote:
Originally Posted by uggabugga View Post
he sees them as future [D] votes. that simple.
So win/win for Biden and the Dems. They and their elite donors continue to get more and more rich, further widening the wealth gap, AND the Dems get to stay in power by importing 10 million new Dem voters.
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Old 05-10-2024, 10:58 AM
 
8,186 posts, read 3,733,792 times
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Quote:
Originally Posted by InformedConsent View Post
The WEF admits WHY the Biden Admin is allowing mass illegal immigration... to intentionally keep wages SUPRESSED. They're actively working against YOUR best interest.
(No paywall) Immigration Holds U.S. Wage Pressures in Check, IMF’s Georgieva Says - WSJ
Ha, and I was told on this forum that the fast food workers are making tons of money now? So what gives

Lol.
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Old 05-10-2024, 11:05 AM
 
Location: NYC
6,821 posts, read 3,068,605 times
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I guess that is why they are wanting to mandatorily raise min. wage to $15-20+?!

Where does that fit in?
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Old 05-10-2024, 11:20 AM
 
Location: the very edge of the continent
89,370 posts, read 45,100,927 times
Reputation: 13814
Quote:
Originally Posted by serger View Post
Ha, and I was told on this forum that the fast food workers are making tons of money now? So what gives

Lol.
The Biden Admin is engineering a much more stratified socioeconomic system in the US between the haves and have-nots. They're enriching themselves and their rich friends and donors, and squashing the poor working men and women in the middle class and below by flooding the country with competitors for their jobs, artificially keeping their wages lower than they would have been.

Easy to understand... Flood the market with an overabundance of low-skill labor, and low-skill labor wages are kept artificially low. Supply and demand.
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Old 05-10-2024, 11:42 AM
 
Location: deafened by howls of 'racism!!!'
52,977 posts, read 34,809,429 times
Reputation: 29421
Quote:
Originally Posted by InformedConsent View Post
So win/win for Biden and the Dems. They and their elite donors continue to get more and more rich, further widening the wealth gap, AND the Dems get to stay in power by importing 10 million new Dem voters.
correct.

The Democrat Open Borders Plan to Entrench Single-Party Rule | Explained in Under Two Minutes
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Old 05-10-2024, 12:06 PM
 
21,507 posts, read 10,633,769 times
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Quote:
Originally Posted by InformedConsent View Post
The WEF admits WHY the Biden Admin is allowing mass illegal immigration... to intentionally keep wages SUPRESSED. They're actively working against YOUR best interest.
(No paywall) Immigration Holds U.S. Wage Pressures in Check, IMF’s Georgieva Says - WSJ
I don't think it's just for wage suppression. Adding ten million people in such a short time also makes housing more expensive.

Coward Piven Strategy
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