on January 13, 2016 in World News
Obama: Yeah, Immigration Does Cut Wages For Americans
by Neil Munro President Barack Obama grudgingly admitted Tuesday night that mass-immigration does reduce Americans’ wages. The admission came in the final year of his eight-year tenure, during which a huge inflow of low-wage workers — who doubles as taxpayer-funded consumers — has kept Americans’ wages flat, but the stock market running hot. The final official text of his Jan. 12 State of the Union speech said “Immigrants aren’t the reason wages haven’t gone up enough; those decisions are made in the boardrooms that too often put quarterly earnings over long-term returns.” But he departed from the text, and actually… View Article
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