Tuesday, April 28, 2015

Foreign Born Population Increased and Incomes Decreased : Who knew?

WOW - how cool is this? Oh and wait for it, now we have another 5 to 8 million more immigrants that will shortly be entering the legal job market and for goods and services as well, all demanding jobs or else. Oh and all will be voting for democrats that have promised them everything for free. More?

And when they all become citizens they can import all of their relatives as well. That's millions more ready for the good life at your expense. Feel better now?

What a good idea to elect a democrats that truly want to do you harm. Is Gruber right? Yikes!

As Foreign-Born U.S. Population Increases, Incomes Decrease
Source: Caroline May, "Memo: Since 1970 Foreign-Born Population Increased 324.5 percent, Incomes Declined," Breitbart, April 23, 2015.

April 24, 2015

According to a new memo from the Congressional Research Service, as the foreign-born population increased in the United States from 1970 to 2013, the lower 90 percent of income earners saw their wages decline.

Here are the facts:
  • Between 1970 and 2013, the estimated foreign-born population in the United States increased from 9,740,000 to 41,348,066, respectively, an increase of 31,608,066 persons, representing a percentage increase of 324.5 percent.
  • The reported income of the bottom 90 percent of tax filers in the United States decreased from an average of $33,621 in 1970 to $30,980 in 2013 for an aggregate decline of $2,641 or a percent decline of 7.9 percent.
  • The share of income held by the bottom 90 percent of the U.S. income distribution declined from 68.5% in 1970 to 53.0% in 2013, an absolute decline of 15.5 percentage points.
The memo comes on the heels of a Center for Immigration analysis of Census data which found that in the next eight years the foreign-born population will reach a record high 51 million and will account for 82 percent of U.S. growth.

The U.S. already admits one million immigrants, a half million immigrant students, 700,000 guest worker foreign workers, and 70,000 refugees and aslyees (persons seeking or granted political asylum).
 

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