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2021-08-14 -Great Cultural Revolution
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Zuckerberg's Data Says Amnesty Gives Economic Windfall to Wealthy States
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[Breitbart] Mark Zuckerberg
 ...the Peewee Herman clone who owns Facebook. He's got more money than Croesus and thinks he should be regulated by the government because it does such a nifty job with all the other stuff it regulates....
’s amnesty advocates report that the pending reconciliation amnesty will deliver a huge windfall to the wealthy coastal states — but will offer little to midwestern states, small northeastern states, and the southern states.
The report, inadvertently, also spotlights the painful reality that migration skews regional wealth in the United States by minimizing incentives for coastal investors to create jobs outside their home states. With plenty of job-seeking legal and illegal migrants clustering on the coasts, investors in New York and California have little or no incentive to hire people in the middle of the nation.
The report by Zuckerberg’s FWD.us advocacy group for investors said:
Continued from Page 6
FWD.us estimates that the U.S. economy would increase by $121 billion annually if Dreamers, TPS holders, farmworkers, and undocumented essential workers were U.S. citizens, including multi-billion expansions in a dozen state economies.
The promised windfall is based on the claim that the four-sided amnesty allows millions of illegal migrants to earn higher wages. With higher wages, they would spend more in local shops and create additional jobs in retail and other sectors. “The numbers are clear: creating a pathway to citizenship for undocumented immigrants will grow the economy,” says the July 26 post, titled “Including immigration in the budget reconciliation process could expand the economy by billions of dollars.”
Breitbart News examined the ten-year forecast by FWD.us. The forecast is missing some data, and the wage gains for some states are too small to count. But the promised gains seem to be based on the weak claim by pro-migration activists that four categories of amnestied workers will see wage gains of up to 15 percent.
Zuckerberg’s deputies posted the data even though it shows the promised windfall gains will overwhelmingly go to a few coastal states where employers and investors have already hired millions of illegal migrants.
Half of all the promised annual windfall, or $62 billion, would go to the top four states — California and New York, Texas and Florida — according to the FWD.us data.
Ten midwest states — not including Illinois — will get roughly $3.8 billion extra in annual payroll if the FWD.us data is correct. But that windfall is less than one-quarter the per-capita windfall for the three West Coast states of California, Oregon, and Washington.
Nine southern states — not including Texas or Florida — with a population of 58 million, would get about $15 billion in extra payroll. That would be less than half of the per-capita windfall for New York and California.
Roughly $45 billion in wage gains would flow to the 22 GOP states with two Senators, according to the data. But two-thirds of the promised spending gain in GOP states would go to Florida and Texas, leaving 20 other GOP states with just about $15.7 billion in promised extra spending per year for a population of 70 million. So the 20 GOP-run states would get just perhaps 39 percent of the promised benefit, per capita, as the big four states, according to the FWD.us data.
Roughly $66 billion in wage gains would flow to the 22 Democratic states with two Senators, according to FWD.us prediction. But half would go to New York and California. So the other 20 Democratic-run states would get just half the promised windfall per capita as New York and California, according to the FWD.us data.
Zuckerberg and his investor allies at FWD.us are leading the 2021 push for more migration and amnesty. The investor group is not just looking for extra workers — it wants more migrants because they also serve as consumers and renters.
The breadth of investors who founded and funded FWD.us was hidden from casual visitors to the group’s website sometime in the last few months. But copies exist at the other sites. The 2013 founders included Zuckerberg, Microsoft founder Bill Gates, John Doerr at Kleiner Perkins, Matt Cohler at Benchmark, Breyer Capital CEO Jim Breyer, and Ron Conway at SV Angel who also runs the Economic Innovation Group.
And even if the nationwide gains promised by FWD.us are correct, they would be a very small percentage gain to the nation’s $21.5 trillion economy, Camarota added. An annual gain of $121 billion “is not even one percent, even a half a percent of GDP, it’s so tiny that it is within any kind of error margin,” he added. 
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Posted by Skidmark 2021-08-14 00:00||
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