Jerome Powell admitted people coming illegally are causing a dramatic increase in unemployment [of citizens]. It’s obvious, but it is unusual for one of the elites to actually admit it.
The nearly 500,000 migrants who were criminals before they came over aren’t helping the economy. They are adding to the welfare rolls. The D.C. Uniparty has been telling us the illegal aliens are creating wealth.
In Canada, they are pretending migrants are the only thing keeping the economy going. Migrants are only making $7500 a year. Canadians can’t compete with that. Britain and Australia are in the same sinking boat.
Getting an admission from someone like Powell doesn’t mean he will do anything about it.
Watch:
Oh, sweet little Jerome “Powell” going to come out and admit the obvious now huh? Awww, idn’t that sweet?
In Canada maybe 8 or 10 months ago a few of the largest banks “joined forces” and did their own study, the bank in charge of the project, if memory serves, was Scotia bank. and as surprising as this, their report concluded that new immigrants do not help the Canadian economy. I may be able to find the link if… Read more »
Glad to hear the truth is finally coming to the surface. Illegals have a negative effect on the host country. Those of us on this site know the illegals are draining many of our resources. Kudos to J.D. Vance for bringing it up during last night’s debate.
Please post link!
Had trouble finding it because the link I had saved was on MSN news but they say the article is no longer available. but using the headline I found one place they still have the article. https://ca.investing.com/news/economy/newcomers-to-canada-not-driving-employment-gains–scotiabank-3062422 Here are the first 3 paragraphs, ” ... By Ketki Saxena Investing.com — Canada’s expansive immigration policy – which has seen an influx… Read more »
As Powell snickers under his breath saying it. They will do whatever it takes to bring in the great reset. If we survive, every aspect of our lives will be controlled. We will eat da bugs, own nothing, and be happy. It’s all by design. Vote Trump.
Welcome to the “modern era.” Thanks to the open borders and complete lack of standards for incoming migrants (illegals, etc.) the lower end of the US economy is in the pits for actual US citizens. Here, if you want unskilled workers for a job you get a “supervisor,” who speaks halting English or uses Google Translate. The rest of the… Read more »