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Further Thoughts on Unemployment

Part Two of a two-part series on the disparities existing between upper and lower income workers

Several days ago I wrote a piece on Unemployment and the disparities existing between upper and lower income workers. In that piece, I mentioned the negative impact that illegal aliens have on wages and job opportunities for those that are already suffering in this economy. Several folks took offense that I would discuss this subject directly as I did. This is my additional thinking on the subject:

1. I speak from a position of personal experience and direct knowledge on the subject, having played a significant role in three different people emigrating from three different nations: Cuba, Mexico, and Canada.

2. My beef is with people who enter this country ILLEGALLY, period, and the reason for my concern is protecting those who are here legally. I am not concerned about whether people come from Italy, Germany, Mexico, Cuba, Russia or any other country, so long as they do it LEGALLY. Illegal aliens take jobs from people who are here LEGALLY. Why is it, in the current dialogue, so many show so little concern for people who want jobs and have a legal right to hold them?? Why is there such concern over people who have no business holding a job because they are here illegally? Very simply, it is a political position without regard to what is actually true and/or right. When this is the thinking, a version of a lie called political correctness, the real issues(s) cannot be addressed nor fixed. (Dr. Phil, Step 1: “Acknowledge the real problem”.)

3. It has been my personal observation that two of these people, both of which, economically speaking, started over completely, have great difficulty finding sustainable jobs of some quality despite speaking English fluently, having entered the country legally, and having generally good work habits. There is an undeniable shortage of jobs, at the market for their services, which is completely consistent with the employment numbers that are shown.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


4. Some will argue that it is not affordable for lower income immigrants to come to this country. I consider this balderdash as my friend, with the highest income and greatest education of the three, has had the greatest expense and time delay working with Customs and INS.

5. Minimum wage has not been a benefit, and has actually been a detriment, to low wage workers as productivity increases (which it should) and as technology advances (which higher wages/benefits drive in part). Employers find ways to cut jobs when wage increases are forced upon them at a time when they cannot raise prices to their customers (recession).

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Dana is the president of The Barfield Group, which has provided industry leading Financial Advice, Investment Services, and helped people Plan for Retirement for more than 20 years. He is a frequent speaker and writer for a variety of industry, regional, and national publications on business ownership and wealth building related topics.

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