Senator Jeff Sessions, R-Ala., ranking member of the Senate Budget Committee, issued a statement in response to President Obama’s speech on the decline in economic conditions for U.S. workers.
It is shocking for the President to give a speech about income disparity and falling wages while pushing an immigration plan that will hammer American workers and widen the disparity. The Congressional Budget Office confirms the White House-backed plan would reduce wages, reduce per capita GNP, and increase unemployment.
Obama says people are worried ‘the system is rigged’ and yet it is Obama himself who has teamed up with a small cadre of CEOs to double the flow of immigrant workers when these exact same companies are laying off American workers in droves.
Wages for American workers are lower today than they were more than a decade ago—and take-home pay has fallen each year since the President came into office. A recent study demonstrated that all net job growth since 2000 has gone to immigrant workers while the number of U.S.-born Americans working has declined by 1.3 million.
Obama’s policies also threaten college students who are about to enter a difficult economy. His plan would more than double the number of temporary foreign workers for wealthy tech companies. As Professor Ron Hira, a leading expert on H-1B visas, has noted, the visas are being used for ‘facilitating offshoring and providing employers with cheap, temporary labor—while reducing job opportunities for American high-tech workers in the process.’
Harvard professor Dr. George Borjas found that high levels of immigration between 1980 and 2000 caused the wages of lower-skilled American workers to drop nearly 8 percent. He also found current immigration levels have resulted in a $402 billion annual wage loss for workers but a $437 billion increase in profits for business owners.
It is time to have an open and honest conversation about our shrinking middle class and the consequences of our immigration policies on American workers and their wages. Unfortunately, that is not what we got from the President. The truth is that the policy formula favored by Obama—more regulation, hostility to American energy, anti-growth taxation, surging debt, bigger government, more federal interference, government-run healthcare, and mindless immigration policies—are the cause, not the cure, for growing middle class distress.”
Dr. George Borjas, Robert W. Scrivner Professor of Economics and Social Policy at Harvard Kennedy School and renouwned immigration economists in his report Immigration and the American Worker
agrees that immigration does make the economy (GDP) significantly larger but most of the increase in GDP accrues to the immigrants themselves, not to the economy as a whole.For American workers, immigration is primarily a redistributive policy.
Economic theory predicts that immigration will redistribute income by lowering the wages of competing American workers
and increasing the wages of complementary American workers as well as profits for business owners
and other “users” of immigrant labor.