Author Topic: Jerome Powell: Migration Is Raising Americans’ Unemployment Rate  (Read 442 times)

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Jerome Powell: Migration Is Raising Americans’ Unemployment Rate
« on: September 19, 2024, 11:51:54 am »
Jerome Powell: Migration Is Raising Americans’ Unemployment Rate

Neil Munro 19 Sep 2024
9:22

Federal Reserve Chairman Jerome Powell says the nation’s unemployment rate is being raised by Alejandro Mayorkas’ huge inflow of migrants.

The statement acknowledges the extraordinary political power accumulated by the Cuban-born Secretary of Homeland Security.

Mayorkas’ ability to raise and lower the migration rate makes him the nation’s de facto “Labor Czar” and gives him extraordinary influence over Americans’ employment rates, wages and housing, and even their interest rates.

Mayorkas insists he has the legal power to set blue-collar and white-collar immigration rates as he sees fit, regardless of migration numbers set by Congress in 1990, or the wishes of ordinary Americans.

“That is a phenomenal level of power to give to the federal government period, regardless of whether it’s one guy or not,”  Mark Krikorian, director of the Center for Immigration Studies, said. “Even the President shouldn’t have that power,” he told Breitbart News.


https://twitter.com/CurtisHouck/status/1836484839350091821

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https://www.breitbart.com/immigration/2024/09/19/jerome-powell-migration-raising-americans-unemployment-rate/
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