The Truth About Unemployment—Why A Moratorium Is Necessary
Help VDARE.COM help America’s Unemployed—Even If DC Dems, GOP, MSM,
Won’t
Peter Brimelow writes:
Today’s unemployment numbers showed an unexpected slight
decline—unexpected unless you’ve been in this field a long time,
and know how volatile (and inaccurate) month-to-month government
statistics are. But tonight, our Ed Rubenstein provides his
unique analysis, demonstrating that the numbers show immigrants
again crowded out native-born Americans. (Scroll to the bottom,
NEXT TO THE DONATE BUTTON, click through to and look at our
blog.) Unemployment will probably continue high or higher for a
long time, and the only efficient solution is to cut the supply
of immigrant workers, legal and illegal—an immigration
moratorium. But the idea was nowhere proposed at the major
parties’ job summits this week. ONLY YOU CAN HELP VDARE.COM GET
THIS IDEA INTO PUBLIC DEBATE—GIVE GENEROUSLY NOW.
By Peter Brimelow, Editor, VDARE.COM
This is it—our Christmas Appeal, the
time of year when VDARE.COM raises most of its funds, through
the generosity of you, our loyal readers.
It’s always stressful. We have no
financial reserves and no margin for disappointment.
Still, I couldn’t ask for a better example of why VDARE.COM is
essential than the so-called Jobs summits that occur this week.
Congressional Democrats are reportedly working on another multi-billion dollar stimulus package (of course!)
These Republican summits will
reportedly emphasize tax cuts (of course!).
There is no doubt that America’s
jobs crisis is very serious. Unemployment had reached 10.2% at
last report in early November, its highest level for some 26
years. The next unemployment report, to be released on Friday
December 4, seems certain to show more job losses—for the 23rd consecutive month. And unemployment is
expected to remain high for a long time to come.
According to the
Los Angeles Times:
“Polling shows that the
healthcare overhaul is not as important to Americans as an
economic recovery that yields jobs. With a midterm election next
year, Democrats in control of the White House and Congress can't
afford to look out of touch.
“A Senate Democratic aide,
speaking on condition of anonymity, said, ‘Democrats have to
address the No. 1 concern of their constituents -- and that is,
by a long shot, jobs.’”
Yet, amazingly, neither Democrat nor Republican summits will
address an obvious answer to the jobs crisis: an immigration
moratorium.
Incredibly, despite the recession,
about 125,000 legal immigrants a month --1.5 million a year-- are
still entering the
U.S.
And, with some 15 million Americans
unemployed, there are
still an estimated 8 million illegal aliens holding jobs
here.
Democrats and Republicans have been
bickering about whether the Obama Administration’s stimulus
package really created the claimed 650,000 jobs.
But during the same period, twice that number of legal
immigrants and
“temporary” workers entered the U.S.—easily
swamping even the most optimistic estimate of jobs created.
Neither of the major political
parties has been talking about the immigration answer to the
unemployment crisis. And, as far as I can see, there have been
no (0) discussions of an immigration moratorium in the Main
Stream Media, liberal or
“conservative”.
Why not?
Part of the answer, of course, is
the entrenched special interests that have resisted patriotic
immigration reform all along—the ethnic pressure groups, the
cheap labor lobby, etc. etc. They won’t allow any discussion of
an immigration cut, even when it would help desperate unemployed
Americans, because they fear a precedent would be set, and that
their own dirty deals would eventually come under patriotic
scrutiny.
But why don’t MSM journalists at
least ask about an immigration moratorium as a way of reducing
unemployment?
My own theory (which will probably
sound weird to anyone who hasn’t spent the years in the MSM that
I have!) is that it goes beyond bias. Journalists don’t ask
about an immigration moratorium because
nobody else has asked
about it. The idea would just never occur to them on their
own.
Call it intellectual inertia—if you
want to be kind.
VDARE.COM exists to challenge those special interests—and to
shake up that intellectual inertia. But we can only do it with
your help.
Our National Data columnist, Edwin
S. Rubenstein, has already analyzed the possible effects of an
immigration moratorium on the unemployment rate.
He calculates that even a one-year
moratorium would reduce the unemployment rate by about half a
percentage point. And if a moratorium had been in place since
1998, the labor market would have tightened so much that current
unemployment rate, even in this disastrous recession, would now
still be less than 5%.
In addition, of course, Ed has
documented the negative impact of immigration on the income of
Americans, and its role in increasing the U.S. poverty rate.
And he has provided as far as I can
see is the only (!!!)
systematic effort to estimate the displacement of native-born
American workers by immigrants—constructing what we call
VDARE.COM American Worker Displacement
Index, or “VDAWDI” for short. (It has to be an estimate because
the federal government, as usual, has neglected to monitor this
vital but politically sensitive area.)
What Ed has been able to show is
that immigrants got the lion’s share of the job growth in the
last decade—and they’ve held on to those gains in this recession.
You should be hearing about the
immigrant-American job trade-off every month, when the
unemployment data is released. The government should be tracking
and reporting it. And the Main Stream media should be discussing
it.
But right now, the
only way you can
follow the issue is on VDARE.COM.
If Americans workers realized what is being done to them, they
would demand an immigration moratorium.
But they don’t realize it—and we can get the word out only with
your donations.
For that matter, why is the economy in this horrible mess anyway?
Of course, the Crash of 2008 was a
“perfect storm”—it needed several elements to come together.
But a key element was the loosening of mortgage lending standards,
imposed on the industry by a bipartisan consensus of
politicians, in order to subsidize/ bribe minorities and
immigrants, disproportionately uncreditworthy.
This loosening inflated the housing bubble—and precipitated the
housing bust, as the uncreditworthy borrowers turned out to be,
well, uncreditworthy.
As we’ve said bluntly at VDARE.COM, the U.S. has been plunged into
a “Diversity Recession”—driven
by a “Minority Mortgage
Meltdown”.
Our Steve Sailer has documented this phenomenon in several
full-length articles over more than a year.
Most recently, he described how the Federal Reserve is trying to
evade his Freedom of Information Act request for data that would
reveal what proportion of defaulted mortgage dollars were
accounted for by minorities.
The government publishes data on the share of mortgages that go to
minorities, but not whether they pay the money back. The data
exists, but the Fed economists who have it won’t share.
Of course, this data would show exactly how disastrous this
specialized form of anti-white Affirmative Action has been.
That’s why the Establishment doesn’t want us to know.
But there’s more: at VDARE.COM, we highlighted this problem way
back in March 2004—in Thomas Allen’s eerily prescient article
The Mortgage Monsters Meet
The Immigration Invasion. They Like Each Other, about the
Federal National Mortgage Association (“Fannie
Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie
Mac”) and their irresponsible pursuit of immigrant, often
illegal alien, clients.
Allen concluded: “We’ve known for some time that current mass
immigration is politically unstable. Now it turns out that it’s
financially unstable as well.”
Remember, that was in 2004!
The moral of this story, to use an old Wall Street adage: things
that can’t go on, don’t. Washington’s manipulation of the
mortgage market was doomed to fail and it did, injuring many
innocent people in the process.
Its manipulation of immigration policy will fail too.
But you need non-bipartisan, non-consensus sources like VDARE.COM
to keep reminding you of reality.
And we can keep on doing that ONLY if
you supply us with the resources to do so.
So I’m starting our annual year-end
VDARE.COM fundraising drive now.
We have not had a fund-raising drive since July.
Our advisers are mad at me, again. They think I should remind you
every few weeks that it’s only your generosity and patriotism
that keeps VDARE.COM going.
(Many thanks, by the way, to those of you who do donate even
without my prodding, especially those who donate monthly—for
details of how to do this, scroll to the end. It’s not just the
money. It really raises our morale when we see your donations
come in.)
I know our advisors are right. But asking for money gives me the
creeps.
And, frankly, management (me) is pretty stretched pretty thin at
VDARE.COM. If I spend time organizing an appeal, I can’t spend
it editing.
And we post every day at VDARE.COM, an enormous amount of material.
There are just so many targets!
What we post is prepared to the highest professional standards—I’ve
not been working in the Mainstream Media for 30 years for
nothing. And we use hyperlinks, not the least of the advantages
of this wonderful new medium, better than anyone else on the
internet...at least, I think so. They help us document our case.
Readers who are new to the cause of patriotic immigration reform
find our hyperlinks particularly compelling. But the whole
process is very labor-intensive.
Money is our secret weapon at VDARE.COM. Our fixed costs are very
low, we operate entirely virtually. We don’t have to pay
printing and postage (thank goodness!).
What this means: essentially everything you give goes to pay
writers and editors.
Our writers and editors are not paid as much as I would like. But
they do get something. This ability to pay our writers is what
has distinguished VDARE.COM from a host of excellent but
evanescent blogs which have come and gone.
Writers will often write for love—because they passionately believe
in our cause. But in the long run, they need to be able to
justify the time spent, to their families and to themselves.
At VDARE.COM, we are in this for the long haul. We are building an
institution. We need money to do that. We can only do it with
your help.
To me as a professional journalist, the quantity and quality of
non-professional writing on the immigration issue that comes in
over the e-transom has been a revelation.
Many of these writers have full-time careers in other fields, some
are students; I encourage these to write anonymously because of
the very real reign of terror imposed by the curse of Political
Correctness. Others are struggling, idealistic free-lancers; I
shudder for them. All are patriots deprived of outlets because
of the orthodoxy of the Mainstream Media.
Only YOU can make sure these patriotic voices continue to be
heard.
We will send a free copy of Steve Sailer’s
America’s Half-Blood Prince
for every donation of $200.
(Remember to include your
address if you donate by PayPal!).
(Also—Christmas is coming! Don’t forget that if you buy your
Christmas gifts by entering Amazon through a VDARE.COM link e.g.
here,
we get a commission at no cost to you! Also don’t forget our
VDARE.COM
shop!)
Please help us now. I, and all of us at
VDARE.COM, and I believe future generations of Americans, will
be profoundly grateful.
Peter Brimelow
NOTE: VDARE.COM is no longer associated with the Center For American Unity, which plans to focus on litigation. We are grateful for their past help and wish them well in future. Our sponsor is now the VDARE Foundation, a 501(c)(3) charity.
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