Federal Reserve Chairman Jerome Powell said the country's unemployment rate is rising due to the massive influx of immigrants under Alejandro Mayorkas.
The statement acknowledges the extraordinary political power the Cuban-born Secretary of Homeland Security has amassed.
Mayorkas' ability to raise and lower immigration rates has made him a de facto “labor czar,” giving him outsized influence over Americans' employment rates, wages, housing and even interest rates.
Governor Mayorkas claims he has the legal authority to set immigration rates for blue- and white-collar workers at any time he wants, regardless of immigration limits set by Congress in 1990 or the wishes of ordinary Americans.
“That's an incredible level of power to give to the federal government, regardless of whether it's one person or not,” said Mark Krikorian, president of the Center for Immigration Studies. “Nobody, not even the president, should have that kind of power,” he told Breitbart News.
On Wednesday, Powell was explaining the decision to cut interest rates and was asked by a reporter whether some Americans would have to lose their jobs to keep wage increases from leading to inflation.
Job creation depends on inflows, right? If millions of people [migrant] People join the workforce, [only] 100,000 jobs [per month]Unemployment is going to rise. So it really depends on the underlying trends of insecurity of people coming into this country.
The current influx of immigrants is driving up unemployment, he added: “We know that there has been a significant influx of immigrants across the border, and that is indeed one of the reasons for the rise in unemployment.”
Mr. Powell welcomed the higher unemployment rate because it would help hold down wage growth and keep inflation in check.
Mayorkas' economic policies
In early September, Mayorkas reiterated his desire to distort the U.S. labor market so that CEOs can get as many workers as they want without having to offer higher wages and hire Americans.
Let's look north to Canada. Canada looks at their market needs and says, “We need 700,000 foreign workers to meet our domestic labor demand.” So they build their visa regime for the year to accommodate current market conditions. And then they say, “We'll take in a million people.” This depends on the market.
we [in the United States] We are facing a problem with the cap on the number of work visas that was set in 1996. It's 2024. The world has changed. [the visas system] They are divided, they can't agree on a solution, and the country is suffering as a result.
It was at least the fourth time Mayorkas has praised Canada's strong immigration system, even as rising poverty, falling productivity and public anger are likely to force Prime Minister Justin Trudeau to step down by the fall of 2025.
On September 18, Prime Minister Trudeau announced he would partially roll back the tough immigration system.
Since 2021, Mayorkas has imported roughly 10 million immigrants through a variety of legal, illegal, semi-legal and temporary routes as part of the Democratic Party's big-government economic strategy, “Bidenomics.”
In June, he asserted that he had the authority to admit more migrants through the legally challenged “parole pipeline.”
“The number of appointments permitted through CBP One is [parole app]”About 1,400 to 1,500 migrants are being processed at the border every day based on the port's screening capacity,” he said. “The port's screening capacity is outdated and we need funding to modernize it.”
Mayorkas’ immigration has depressed wages, skyrocketed real estate prices, reduced exports, slowed innovation and productivity, encouraged chaotic proliferation, raised auto insurance prices, killed many Americans, and fueled Donald Trump’s bid for the 2024 presidency.
His “forced migration” economic policies funded dictators and killed at least 5,000 immigrants.
Bidenomics and the Democratic 2024 Campaign
Mayorkas' immigration influx also allowed Democrats to argue that a job boom would come under President Joe Biden.
Mr. Mayorkas's welcome has led companies to create many low-wage government-funded jobs for immigrants, an argument used to counter Republican criticism of Haitian immigration to Springfield, Ohio, for example.
Paul Krugman, The New York Times, He argues that the policy is good for Americans. Written September 16:
By stimulating the growth of the city's overall economy, immigrants often increase Immigrants increase employment for local people. Why? Because immigrants spend much of their income in the areas where they live and work, contributing to local job creation. A 2015 study found that “each immigrant creates jobs for 1.2 local workers, most of which are jobs for local people.”
“These newly arrived immigrants are a key reason why the U.S. economy has defied dire predictions, adding 200,000 jobs every month, growing real gross domestic product by 3 percent over the past year, and causing inflation to fall dramatically over the past few years,” said Jason Furman, an economic adviser to former Obama administration officials. Written of The Wall Street Journal June 2024.
Mayorkas' power in the White House
Mayorkas has amassed enormous power in the Biden administration.
President Trump survived impeachment by the House of Representatives despite jeopardizing Democrats' 2024 presidential prospects by allowing immigration to increase to unprecedented levels.
Mayorkas has the backing of many on Wall Street, FWD.us, Mark Zuckerberg's advocacy group for West Coast consumer-economy investors, and many progressive leaders, including former President Barack Obama and officials who served in key positions in the Biden administration.
Biden handed the reins to Mayorkas as labor secretary. “Immigration is about how to ensure that businesses have the opportunity to hire people,” Labor Secretary Marty Walsh told Fox Business in December 2022.
In March 2021, Vice President Kamala Harris appeared to shirk the responsibility that came with President Biden's request to take over some of Mayorkas' territory.
Mayorkas has also played a major role in foreign policy, forging deals with dictators in Cuba, Nicaragua and Venezuela to withhold U.S. support for pro-democracy movements in exchange for improved bilateral controls over immigration to the United States.
He has also played a central role in relations with Haiti, Panama and Ecuador, which have allowed chaotic migration flows into the United States.
In December, Mayorkas helped craft a temporary immigration-limiting agreement with Mexico that would last until 2024. The price tag of the Mexico deal is unclear, but Mayorkas has worked to streamline the passage of many migrants through Mexico into U.S. communities and has not exerted significant pressure on Mexico over drug smuggling or trade disputes.
He now promotes the suppression of free speech because of its role in national security – for example, in a September interview with The Texas Tribune, he appeared to make the case for suppressing speech amid the divisions caused by his highly unpopular immigration policies.
Division in our political life is impeding the progress that we so desperately need. And it's not just about immigration. What I say about division is that division means a gap, a space, a vacuum, if you will, and that vacuum tends to get filled, and that vacuum gets filled by our enemies. Our enemies, hostile nation-states, exploit that division. And I think that division in our country is really a homeland security issue.
Mayorkas has repeatedly explained that he supports accepting immigrants because he is the son of an immigrant, because he sympathizes with immigrants, and because he supports “equality” between Americans and foreigners. He also appears to justify accepting immigrants by arguing that his priorities take precedence over the law and that the “needs” of immigrants and those of American businesses are paramount, regardless of the country they are coming from. cost The impact on ordinary Americans, the impact on American children, or the reasonable objections of Americans.
In May 2023 he explanation His motivation in his U.S. Coast Guard Academy graduation speech:
My drive is defined by a very clear purpose. My mother and father's life journeys were defined by displacement. My mother was a refugee twice, first from war-torn Europe and then 19 years later, with my father, my sister and me, from Communist Cuba. They are my main drive, the main reason I work so hard, my purpose.
Mayorkas has been deeply sympathetic to immigrants, saying at an event in Texas that he “opposes the conflation of people seeking a better life with crime and drug trafficking.”
