“Assiduous readers of my columns know that I have frequently made the point that America’s immigration policies benefit only three groups of people: 1) rich Americans with a lot of employees, 2) the immigrants themselves, and 3) their grandmothers back in Chiapas
The money illegal immigrants send out of the country doesn’t come from their low wages. It comes from the taxpayers, who are required to subsidize immigrants so that investment bankers can have cheap nannies. Yes, it is a problem that they couldn’t possibly live on what I pay them, but that’s where YOU come in, taxpayers!“.
Bingo. All American workers get is frozen sidewalks and death in Chicago.
It’s not just illegals who remit $ out of the US. It’s loads of H-1B, OPT, and other fake foreign student guest workers. Remittances are a huge goldmine in countries such as India because when those dollars are converted into their own currency (Rupees), they are worth a king’s ransom. Many H-1B’s return home at 30, and retire as millionaires on remitted US dollars.
Indian programmers in Silicon Valley have a saying among themselves: “Loot and remit, die for dollars, outfox the Yankees!”
“At a time when the working class could have been ginned up to oppose this dump of low-wage workers on the country, the unions lied to them and told them, Don’t worry! This will make the union stronger. Thirty years later, California construction workers who were making $45 an hour are now making $11 an hour”… This tells us nothing about the soundness of our immigration policy. If the immigrants’ kids need welfare, we’re not bringing in the right immigrants”.
That’s nothing. Silicon Valley companies are importing Indian programmers at $1.91/hr – 1/3 the Federal minimum wage. Nothing is done to the executives who violate Federal law.
Our country is being looted and dying. Only the elites are getting rich.
The parasitic remittance drag on western countries is the prime source of our economic problems.