The Department of Justice is backing President Barack Obama’s award of work permits to roughly 800,000 ‘DACA’ illegal immigrants....But 800,000 is nowhere NEAR the real number.
...the work permit issue hides a massive economic landmine: The government awards more than one million work permits each year using the same legal 1324a claim that Obama used in the DACA case. If the court rejects 1324a work-permit claim, investors could lose millions of migrant workers — and so face even more pressure to raise Americans’ wages....So "legal" immigrants--largely professional and technical--are soaking up 1 million jobs AND there are another 800,000 DACA "children" also permitted.
That started with GWBush's "Optional Practical Training" word-game.
...The administration has repeatedly refused to discuss the 1324a claim with Breitbart News....(Shocked face here)
The U of California, Microsoft, and New York State (among others) argue that 1324a allows the President to import UNLIMITED aliens for work in the US.
Why do you care?
...Each year, roughly four million young Americans join the workforce after graduating from high school or a university. This total includes about 800,000 Americans who graduate with skilled degrees in business or health care, engineering or science, software, or statistics.This goes directly to the "Wall Street" vs. "Main Street" debate. The Establishment Democrats AND Republicans have given "Wall Street" everything it wants, while "Main Street" businesses have been pushed towards annihilation. Think bookstores, retailers....and soon, grocery stores.
But the federal government then imports about 1.1 million legal immigrants and refreshes a resident population of about 1.5 million white-collar visa workers — including approximately one million H-1B workers and spouses — and about 500,000 blue-collar visa workers. The government also prints more than one million work permits for new foreigners and rarely punishes companies for employing illegal migrants.
This policy of inflating the labor supply boosts economic growth and stock values for investors. The stimulus happens because the extra labor ensures that employers do not have to compete for American workers by offering higher wages and better working conditions....
It's no coincidence that "Wall Street" is largely Globalist, friends.