Legal but Still Poor: The Economic Consequences of Amnesty | Newgeography.com

Building to enhance the perpetual underclass of ignorant proletariat dependent on the State is the purpose of Obama’s and covertly the republicans immigrant policies. Although the electoral benefits may well be as reinforcing to the democratic parties power prospects over the years ahead as pundits now predict, though less decisive than LBJ’s intentional seduction of the black voter through the insidious addictive trap that is the welfare state, there is more here than simple political calculation.

The power in this nation does not lie at the surface of the visible manifestations of our supposed democratic counterbalancing political system. The hidden state, subservient to long standing bureaucratic, system determined needs and wants is ultimately directed and controlled by the unassailable power of the corporate, finance and military industrial surveillance complex. A perpetual pool of cheap labor and consumption growth financed by transfer payments from taxes, monetized government debt and foreign buyers is essential to keep the game going, no matter how ultimately damaging the process to the long term viability of the crony-capitalist system itself. 

With his questionably Constitutional move to protect America’s vast undocumented population, President Obama has provided at least five million immigrants, and likely many more, with new hope for the future. But at the same time, his economic policies, and those of the progressive wing of the Democratic Party, may guarantee that many of these newly legalized Americans will face huge obstacles trying to move up in a society creating too few opportunities already for its own citizens, much less millions of the largely ill-educated and unskilled newcomers.

More recently, this wave of undocumented migration has diminished, as economic prospects, particularly for the low-skilled, have weakened. Yet the undocumented population remains upwards eleven million. Largely unskilled and under-educated, roughly half of adults 25 to 64 in this population have less than a high-school education compared to only 8 percent of the native born. Barely ten percent have any college, one third the national rate.

This workforce is being legalized at a time of unusual economic distress for the working class. Well into the post-2008 recovery, the country suffers from rates of labor participation at a 36 year low. Many jobs that were once full-time are, in part due to the Affordable Care Act, now part-time, and thus unable to support families. Finally there are increasingly few well-paying positions—including in industry—that don’t require some sort of post-college accreditation.

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via Legal but Still Poor: The Economic Consequences of Amnesty | Newgeography.com.

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