The Conservative Mind

Edward Hugh outlines a situation where Unemployment is falling, but Wages are not gaining. Household Income in Japan fell 0.4% year or year in April. Standard neoclassical theory fails again as the expectation of Wages should rise in the face of a shrinking Labor Force (Japan an excellent Test case because of the limited immigration). One of the functional Testing errors in modern Economic modeling comes in the form that only individual laborer Work hours are recorded, when there should actually be kept a record of Household Labor hours, this to have a true account of the factor of the Ageing population. Economists may catch up to that fact sometime in the near future. Such data will gain in notoriety as the Ageing trend continues, especially if I am right in my estimation that Immigration to the United States will shortly decline both in Numbers and Percentages as native economies improve.

Edward L. Glaeser touts the new Immigration Bill, saying that it provides for Border control, and register the current illegal Residents. Mark Thoma, though, criticizes the $5,000 fee for this Registration, which will defeat the actual enrollment of illegal immigrants in the program. Mark also states the United States cannot effectively improve on World Poverty by absorbing the World Poor, an innate Truism. My trouble with the Bill lay in the real lack of Need in improving Border security, as it is a natural economic flow which will dissipate as it will; and will not be stemmed by artificial barriers which are not economic. Only expanded Native economies and a shortage in American Jobs will bring illegal immigration to an end.

The $5,000 fee for Registration is nothing but a sad, and sick, attempt by Conservatives to generate Government revenues without touching the Bush Tax Cuts, which are popular among all Taxpayers. Registration will devolve into Illegals being captured in Raids, signing a promissary Note to pay the fee, then being released; the famous old ‘The Check is in the Mail’. Real Revenue will not be discovered. The only Result will be a diminishment of Job skills among illegal immigrants, as they rapidly have to find alternative Work and Residence. It is exactly the type of endeavor designed by Business personnel, who traditionally ignore the real advantages of Government in guarantee of Safety for their Contractual obligations. It is totally in line with the previously passed Bankruptcy Law, which hasn’t marginally increased Credit Card recoveries of Debt. lgl