The results are as follows: The Democratic Bidenomics strategy produced a disastrous score of just 160,000 extra jobs for Americans each year for President Joe Biden.
President Joe Biden's gloomy bidenomics also created jobs for 4.7 million immigrants. Almost 3 million illegals According to federal data collected by the Center for Immigration Research It has been reported February 7th.
So Bidenomics created 7.3 immigrant jobs in every job that Americans acquired. Up to $8 trillion.
Bidenomics also flattened wages, spiked housing costs and slowed workplace investments.
Bidenomics 7:1 Policy – 4.7 million immigrants employment, 645,000 for Americans – was intentional.
Bidenomics intentionally left millions of working-age Americans behind Outside Labor, No work Or prospects, often homeless Regarding drugs, It usually relies on expensive government assistance.
“The percentage of US-born men with working ages (16-64) that are not in the workforce are likely to have not worked or looked for jobs in January 2025, and is a historical one due to economic expansion. “It's likely that they're near the high,” says the Center's immigration research. It has been reported February 7th. 22% – 1 in 5 people! – Well above the 16.6% seen in January 2000.
If Biden and Congress were concerned, about 5 million working-age American men were found and trained to use work-operated machines, lose toxicity, get back on their feet, and be hired for starter jobs. Ta.
But Biden's agent prefers to import more immigrants than the usual old options of helping millions of ordinary Americans prepare for highly productive jobs. This was repeatedly shown.
“As our economy grows, we need not enough workers.” National Security Council's Transvader Security told DC viewers in May 2023.
“We're heading north along with Canada,” Czar Alejandro Mayorkas' transition told a Texas audience in September.
Canada saw the needs of its market and said, “What do you know? We need 700,000 foreign workers to address the needs of our workers domestically.” , they will build a visa system for that year and address the current market conditions. And they say, “We're going to bring a million people.” And it's market sensitive.
we [in the United States] We handle numerical caps for labor-driven visas set in 1996. It's 2024. The world has changed. It's amazing how to do it [elite] That agreement [the visas system] It's broken and we don't agree on a solution. The country is suffering as a result.
For four years, Buden's agents replaced those Americans with floods of around 9 million southern immigrants, around 3 million legal airport immigrants and around 4 million temporary immigrants. Arrivals at these airports included approximately 1.5 million white-collar workers carrying OPT/EAD visa documents that can take on jobs from H-1B, J-1, L-1 and American College alumni. It was included.
That huge influx has driven many Americans out of their jobs, cities and labor. The displacement was so large that the percentage of Americans who did the job is undoubtedly It declined in Biden's year. In a chart posted by Harvard economist Jason Furman, the other countries that took the action badly were migrant Britain, Canada and Germany.
Mallorcas, Tobin and other agents of Biden had several reasons to like it Invite immigrants By helping their fellow Americans.
First, immigration is a quick way to expand the national pool of consumers, workers and renters before the next election. Migration means that Americans don't have to wait 25 years for them to get married, raise their children and bring them to work. Their rich Quick policy worked. The influx of immigrants rapidly expanded the economy, creating extra profits for investors and surges in new stock values.
Related – White House Despair: “Pollers aren't asking the right questions” Biden's economic policy
Second, the immigration rush has curtailed wage-driven inflation after Biden's spending spilled into wage packets and weekly wages. That was good for a friend at the White House on Wall Street. Goldman Sachs, for example, celebrated the influx of wage-reduced immigrants to reduce inflation.
Third, Biden's agent supported more migration as pressure on employers reduced pressure to divert profits and stock prices towards increased workplace productivity.
Typically, productivity improvements such as skilled workers, rapid robots, and subtle software are highly desirable as they generate both additional benefits for the CEO and higher wages for the workers. However, productivity gains are expensive, reducing short-term quarterly profits, stock prices and executive bonuses. This means that most investors don't like investing in productivity. Especially since 1990, the government has intentionally helped millions of workers and consumers by extracting them from poor countries.
The outcome of this cheap labor and productivity trade-off can be tracked over several years. For example, Trump's first phase crackdown and losses in migrant labor during coronavirus disease “spurred roughly $55 billion in investment in the US economy,” said St. Royus' Federal Reserve Bank. It has been reported June 2024. However, investment has declined Productivity has also been improved – Biden's proxy The labor market has flooded With cheap migrant workers.
Essentially, Biden's team packed more federal dollars, unproductive workers, consumers and renters with more federal dollars, and the stock market expanded to record levels. MorningStar.com It has been reported:
The 46th US President has since taken office on January 20, 2021, with the S&P 500 SPX rising by more than 55%, ending his time at the White House. Data from the Dow Jones Market shows that the high-tech Nasdaq Composite Comp jumped nearly 46% over the same period.
However, there was a flaw. Migrant workers also need to sleep and eat, so Biden's agents fueled by rent, housing and food inflation, far more than expected. “Online [after inflation]Real wages have been falling since January 2021. “Former White House Economist Pharmer wrote in a Articles from February 10th For diplomacy. After inflation is paid, average Americans are on average a Wages rise is less than half percent Biden's four years.
Furman's economic analysis is titled “Neoliberal delusions and tragedy of vedinomics. ”
This analysis is reflected by Chamas Parihapitiya, a friend of Elon Musk's investors. He is an immigrant from Sri Lanka whom he founded. Social Capitalaims to make money from the health, financial services and education sectors.
Ironically, Trump and his GOP agents acquired many new jobs in January 2025, when Biden and his agents were abolished in November.
Despite the obvious damage and confusion, the institution's media primarily posts sympathetic stories that encourage Americans to empathize with unfortunate but hardworking immigrants, leading to Biden/Mallorcas' economics from citizens. Disasters are still hidden.
February 4th, Washington Post It has been reported About two imported workers who have “parole” to US jobs to alleviate pressure on US employers:
Among them was a 25-year-old man from the Boston area. I asked him not to use his name. To Venezuela. He said he escaped extreme poverty and fear under the authoritarian regime of Nicolas Maduro and trekked for three months in 2023. a To the dangerous jungle and north Mexico to reach the US border.
In Venezuela, he worked as a construction worker for $30 a week, but was unable to pay basics such as milk. In Massachusetts, he earns $180 a day for demolition crews and moonlight cleaning at hotels. His wife also cleans work at the hotel. He said Trump mistakenly portrayed Venezuelans as criminals. “We came to this country to work,” he said.
At this point, President Donald Trump is helping to resolve the confusion by blocking the arrival of illegal legal immigrants in Mallorcas. He also helps by deporting perhaps 1,000 migrants a day.
As expected, the facility's media is worried that Trump may close the Mallorcas migration closure, which could raise wages for ordinary Americans. For example, politico.com It has been reported February 7th said: “A widespread crackdown on immigration could slow the economy's expansion and suffocate workers' supply. Researcher at Kansas City Fed and Others say Reduced staffing shortages Reduced wage pressure [emphasis added]. ”
Rationally, business lobbyists are currently working to ensure that around 9 million illegals in Mallorcas can stay, and to ensure a continuous influx of more immigrants and visa workers.
February 10th, businessinsider.com “America is becoming wealthy again.” [MAWA] The lobbying efforts are trying to convince Trump to keep most immigrants.
“As a businessman, Trump understands that if he doesn't cut grass on a golf course, they don't look right and people don't want to play golf there,” said the founding principal. Christina Antero says Ferox Strategies is a lobbying company counting the National Retail Federation, Walmart, and Tobacco Giant Reynolds America among its clients. “There's a way to get to Trump and make him do that. “Junk, do I really intend to paralyse the entire US labor market?”
Mawa's plan is to put pressure on business allies rather than the president, not directly on Trump's inner business allies, and avoid Stephen Miller, the administration's most outspoken anti-immigrant hardliner. “Stephen Miller will never convince you, forget about that,” says a prominent trade association lobbyist. “But Trump can be sure he doesn't ruin his fellow businessmen. Miller isn't the only one who has Trump's ears.”
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Furthermore, lobbyists Both council members and their staff (both Capitol Hill and in-home) are beginning to contact them via telephone, Zoom and in-person meetings. Several lobbyists have described campaigns of “Shock and Adoration.” This attempts to apply “1,000 points of pressure” to Congress GOP members who understand that immigrants are willing to do low-risk jobs that are shunned by most people. American. Targeted is Rep. Glen Thompson of Pennsylvania, who chairs the House Agriculture Committee.
Trump voters supported him Americans Great again – not just America.
As BlackRock CEO Larry Fink argues, if he resists immigration pressure from businesses, lower mobility policies of “hard labor” will result in greater productivity, higher wages, trade, and more. It may show Americans how innovation and economic strengthening can be produced. .
But Trump is zig-zagging under the pressure of lobbying from people like Elon Musk.
For example, on Sunday, February 9th, playing cards again Promotion A misleading article defending the H-1B visa program, which has been used since 1990 to drive millions of American alumni and their families out of good careers.
Wall Street Journal Article echoed Mallorca I insisted “US companies feel that's very important… and [because] One way to reduce illegal immigration is to allow more legal pathways to meet the needs of the US economy. ”
Trump has yet to issue a formal policy statement on the increasingly unpopular influx of white-collar visa workers.
But he may be forced to show his card this week at a White House meeting with the Indian Prime Minister.
