Steven A. Camarota (CIS) sums it up this way... https://youtu.be/WfexpRj0xEY A ruling class that has never seen a callous on their hands (and many may not even know what that is) tirelessly tells us that borders are bad and America will collapse unless we import more and more temporary and permanent legal foreign workers, because: … Continue reading No jobs Americans won’t do – check the numbers!
Republican and Democrat politicians, plus the Media brain trust, are missing the catastrophe coming from the $600-a-week Covid-19 unemployment compensation supplemental benefit for all 50 states. In the ivory tower of statistic worship and technocratic analysis, the supplement makes sense. When millions lose jobs, unemployment insurance only covers about $400 average per week. With overtime, … Continue reading Why work, when millions can earn much more staying home, collecting $600 plus average $400 state unemployment check
Business-beholden members of Congress are falsely boasting that their 2017 tax law has been responsible for less unemployment and slightly higher hourly wages. They praise themselves and President Donald Trump for cutting corporate rates from 35% to 21%, eliminating most taxes on dividends and capital gains, doubling the exemption for inheritance tax, and dropping the … Continue reading Higher wages, more jobs not from Trump pro-business economy; instead credit goes to DOL for overtime exempt rule change
Thursday was another bad day for American jobs as Microsoft - the once All American innovator - began to end the livelihoods of 3,000 families, a process called "downsizing" by the elites. A spokesperson for founder Bill Gates called this job slaughter simply “changes” to “better serve our customers and partners.” Today, we are taking … Continue reading Microsoft has massive layoffs; H-1B hires continue, and foreign workers now far outnumber Americans
It's so very wonderful to learn this week that "median household income" in 2014 was $53,657, even if it was down from $57,843 in 1999. You can still buy a nice basket of goodies on $50 grand a year. If only it were true. Most jobs pay about $31k. Many families have just one parent … Continue reading Rich look poorer, poor much richer – report distorted to make average Joe happy – despite Depression
The investment cash is going to China, India, South Korea and Vietnam, where factories are being built by American companies to make products to export to the U.S. and elsewhere. Those countries rebate the local Value Added Tax (around 20%) to exporters because most every country has their own VAT on products coming into their … Continue reading Fed Chairman Blames Banks For Continued High Unemployment