The only thing that amazes me more often than some chardonay sipping lefty promoting their anti-racist virtue, while sitting at a cafe being waited on hand and foot by imported, wage crushing slaves, is the faith that supposed ‘centrists’ have in that the parties of the left will come to their senses, awake from their slumber and recommence fighting the class war.
The are forgetting that the Parties of the “Left” no longer belong to the workers, they have been completely captured by the Corporatocracy and their function and purpose today is to operate as the controlled opposition to the equally captured globalist right, and maybe get a go at ‘running things’ once in every three or four elections, so as to maintain the illusion of democracy.
Nothing highlights this more to me than the faith ‘centerists’ have that the most radical woke, leftist party to have ever occupied the US White House will somehow deliver wage growth to US workers, while simultaneously flooding the US employment market with a flood of brown workers designed to combat ‘whiteness’ and make America a rainbow coloured ethnic Utopia, where colours are separated into distinct identities and rules, laws and regulations are specifically tailored to each and every category in order to achieve “Equity”.
“Next, we saw the election of the Biden Administration in the US, a much more traditional left outfit with an explicit goal of doubling minimum wages, as well using tax and spend (or print and spend) to push for full employment.”– some avowed ‘Centrist’
So let’s do a little stock take on how the impossible goal of wage growth and mass migration is going in the US:
February’s employment data based on the US Payroll survey released last Friday showed the US economy adding 379,000 jobs, which was double the official estimates, and was universally celebrated by the MSM as evidence that Biden is getting American’s back to work.
Curiously though another useful employment survey, the US household employment survey, also released in February only showed job gains of 208,000. Which was a mere 0.14% increase over January’s result.
The difference between these two employment surveys has to do with a number of differences in the concepts over what they are measuring. First, the payroll survey counts the number of jobs, while the household survey counts the number of employed individuals. Therefore, a person with multiple jobs will be counted several times in the payroll survey but only once in the household survey. Second, their scopes are different; while the payroll survey covers only wage and salary workers on nonfarm payrolls, the household survey covers those individuals as well as agricultural workers, the self-employed, workers in private households, unpaid family workers, and workers on unpaid leaves. Finally, payroll employment includes wage and salary workers under the age of 16, while the household survey does not.
However the most important distinction between the two surveys, is that the household survey is updated to incorporate new information from things like the censuses and known movements in immigration.
So what does analysis of the February Household survey show?
* Total employment rose by 208,000, a 0.14% increase from January.
* Immigrants (legal and illegal) gained a whopping 387,000 jobs, up 1.51% from January.
* Native-born Americans LOST 179,000 positions, a 0.14% drop from January.
VDare have a nice chart that illustrates this quite clearly:
Now in fairness the chart shows that for much of Trump’s presidency the ratio of foreign born workers to US born workers was much the same as the prior peak under Obama. However, if Trump had maintained the trend established under the US’s “Worker Party” then the peak in March 2018 under Trump would have been well above 2.5m and probably closer to 3m.
The discerning centerist would then say, well Trump achieved his reduction thanks to Covid and borders being closed, to an extent that is probably true in terms of the depth of the pull back, but the thing is Trump managed to reverse that trend well before Wu Flu actually appeared. The trend had completely flipped by Feb 2020, well before Wu Flu reared its ugly head.
Biden and the Corporatocracy are back in power and they will be working damn hard to make up for lost time and catch up to the trend line established under Biden but lost under Trump.
Betting or believing that Biden is going to deliver higher real wage growth to the US, while simultaneously flooding the American labour force with cheap imported labour is a pipe dream, which centerists should put in their bong and smoke.
Most of this commentary has been lifted from VDare, which I encourage anyone whose found what I’ve written above to be interesting, to go and read in full: