May 05, 2007
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05/04/07 - A Reader Takes
Hope From The Fizzled Immigration Demonstrations
A Reader Wonders If Legalization
Will Cost Millions Of Citizens Their Jobs
From: A reader
I just read the
Bureau of Labor Statistics article that reported
unemployment for April was 4.5%, or about 6.8 million
people out of a total workforce of roughly 150 million
Americans. It got me thinking about how an amnesty of
the estimated 12 to 20 million illegals might effect
these numbers.
I assume the report doesn't include those here
illegally with the employment numbers, since they are
supposed to be hiding out of sight from these government
surveys. I also assume the vast majority of the illegal
alien population are of employable age, say 75% for
example.
If there is an amnesty, this would mean a new pool of
about 9 to 15 million newly legalized workers who
could now be hired by the vast majority of honest
employers who would never have hired them before!
Employers could potentially layoff millions of citizens
who previously didn't need to fear being replaced by
this pool (while they were illegal) and hire from this
pool at lower wages. Even if they didn't, what would
prevent these newly legalized workers from being laid
off from their "underground"
jobs that would then go to a new batch of
"guest-workers" (or a new influx of illegals), and
becoming eligible for unemployment benefits?
Bottom line: There exists the potential for a
doubling or worst-case-scenario tripling of
the unemployment rate! Are we ready for double-digit
unemployment rates not
seen in 25 years? Has Congress and the President
given this any thought, not to mention all the State
Governments that would bear the brunt of the cost? And
it could last for years...the economy can't create 9 to
15 million new jobs overnight.
This potential amnesty must be stopped!
[James
Fulford writes:
Ed Rubenstein keeps a
fairly close eye on the BLS monthly figures, and we'll
be publishing something about the latest figures
tomorrow night.]