Poor People Wanted

Interesting is it not, that after spending roughly 40 years robbing the poor and middle class of their productivity bonus and using government policy to keep wages as low as possible, the elite are bound and determined to import as many poor people as possible from Mexico and the Mid East. These folks love poor people so much, impoverishing those already here is good help-wantednot enough.

By the way, for anyone who is interested, I am always happy to explain how Federal Reserve policy, especially quantitative easing have kept profit margins high and real wages low. I have done it many times before. Just let me know.

Notice that the initiative and plans for flooding the United States with immigrants has started at the top. Low wages and rock bottom borrowing costs makes happy campers out of billionaires and big government Republicans and Democrats.

Always remember that there are immigration laws on the books. Flooding the labor market with cheap labor requires that current law not be enforced. This is not unusual for the class that lives above the law. If a law hurts the bottom line, just use political power to cause authority to ignore the law,

For all that is said about Mexican Americans wanting an unabated flow of Mexicans coming into the country, the Hispanic population over all is not that vocal on the issue.  Among ordinary citizens, there is no push for amnesty, fast track to citizenship or anything else. The entire immigrant movement is devoid of actual poor and working people.

An open border in a free market country would be a blessing to all of us but we don’t have a free market economy. Complete unconditional unilateral free trade is a blessing to any country with a free market.

The nature of the U.S. economic system is similar what Germany had just before WWII. This is fascism which is a partnership between big business and government. In the United States government policy is creating poor people at a blistering pace already. Apparently that is to few and not fast enough. The elites, or your betters if you prefer, are pushing government to import poor people from other countries.

 

 

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.

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