Article

2022-01-24 Economy

Above is the front-page title in Sunday's Dallas Morning News paper.
[Dallas Morning News] The pandemic hammered the U.S. economy, revealing serious labor shortages. Now economists are highlighting a major factor: disappearing immigrant workers, both unauthorized and with visas.
There's two kinds of migrants again?

Can't even process legal immigrants fast enough because of the deadly coronavirus.
"This is bad for Texas’ economy, just like it’s bad for the economy in every other part of the United States," said Alex Nowrasteh, director of policy and economic studies at the libertarian-centric Cato Institute. "People fuel economic growth and without more people, our economy is going to stagnate and eventually shrink."
Unless we all die from the deadly coronavirus first.
Nowrasteh estimates that 1.6 million to 3.2 million immigrant workers would have been added to the labor mix had the economy continued on its go-go 2016 trajectory, when a high of 1,065,000 migrants came to the U.S. from other countries, according to the Census Bureau.
That was the Obama economy, in 2016. More migrants in 2016? The legal ones, perhaps.
The bureau says net migration fell to 247,000 last year.
I bet the Border Patrol would beg to differ.
Giovanni Peri, director of the Global Migration Project at the University of California, Davis, estimates that 2 million immigrant workers are missing from the U.S. economy.
Don't worry - the Border Patrol found them.

He and other experts say the labor shortage has several causes: a decline in ~~the legal variety of~~immigration, accelerated retirements and what many call the Great Resignation, where workers job hop for better wages or sit out the pandemic for months ~~waiting for the next installment of free money~~.

All are fallout from the wallop COVID-19 has delivered on the nation.
None of it due to media spin or Bidenomics.
"This is so hard to just turn around quickly," Peri said. He believes the labor shortages will persist for 18 months to two years.
Unless we all die of the deadly coronavirus first.

Posted by Bobby 2022-01-24 08:40|| || Front Page|| [11139 views ] Top

#1 All are fallout from the wallop COVID-19 has delivered on the nation

No. It's all fallout of incompetent, duplicitous, and malicious politicians and bureaucrats.

Posted by Procopius2k 2022-01-24 09:17|| 2022-01-24 09:17|| Front Page Top

#2 ^ Ditto that and as long as they have the control things will remain the same or worsen.

Posted by Dale 2022-01-24 14:07|| 2022-01-24 14:07|| Front Page Top

#3 And now we have yet more negative efficacy data -- not just from Israel but now the U.K. Health Security Agency and Public Health Scotland have (largely) stopped trying to hide the data.

Their own data indicate with crystal clarity: the vaccine boosters cause MORE infections and as many if not MORE deaths than not being vaxxed or just having the first two jabs.

The vaccine is FAILING. Everywhere.

The German doctor "eugyppius" and his many astute commenters show the UKHSA and PHS data here:

"Unboosted Brits Infected and Dying at Higher Rates than Unvaccinated | UKHSA Vaccine Efficacy Statistics: Week 3"

Posted by Merrick Ferret 2022-01-24 14:29|| 2022-01-24 14:29|| Front Page Top

#4 The "vaccines" are a scam. Do. Not. Work.

Posted by M. Murcek 2022-01-24 14:32|| 2022-01-24 14:32|| Front Page Top

#5 Their counts of the various vaxxed groups are even more screwed up because these public health authorities fail to correctly attribute within the vaxxed-but-no-boost and the vaxxed + boosters.

Sum: They are overstating the efficacy of the boosters and the vaxx -- and yet their own botched-up counts make it clear that the vaccine is ineffective.

To be precise, their attribution problem occurs because they code their cases in such a way that, for the first 14 days post-booster shot, the individual is considered "unboosted." This has the effect of always making the most recent (T minus 14 days) data look better than it actually is.

It's possible that they committed the same error when the first and second jabs occurred, i.e. attributing many of the cases that occurred within 14 days of receiving the vax to the unvaccinated instead of the vaxxed -- and then never bothering to go back and re-allocate those cases correctly.

= a data shitshow

Posted by Merrick Ferret 2022-01-24 14:58|| 2022-01-24 14:58|| Front Page Top

#6 The essence of globalization is: labor is commoditized as mobile capital is free to roam the globe for the lowest cost labor. In contrast, labor is far less mobile, and unable to shift as fluidly and frictionlessly as capital to exploit scarcities and opportunities.

Neoliberalism--the opening of markets and borders--enables capital to effortlessly crush labor. The social democrats, in embracing open borders, have institutionalized an open immigration that shreds the scarcity value of domestic labor in favor of lower cost immigrant labor that serves capital's desire for lower costs.

Posted by Sheter the Lesser9291 2022-01-24 15:43|| 2022-01-24 15:43|| Front Page Top

#7 /\ Which makes borders and national sovereignty meaningless.

Posted by Besoeker 2022-01-24 15:46|| 2022-01-24 15:46|| Front Page Top

#8 2 million immigrant workers are missing from the U.S. economy.

Noi, near 30 million have made themselves unwelcome squatters.

Posted by Omolung Juns5303 2022-01-24 16:50|| 2022-01-24 16:50|| Front Page Top

07:43 Procopius2k
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