Breitbart; Nine million working-age men have been pushed out of the workforce by the federal government’s salary-cutting economic strategy, says a former economist for former President Barack Obama.
The admission comes as some legislators in Congress renew their push for a huge ‘dreamer’ amnesty that would increase the number of low-wage foreign workers who can take U.S. jobs.
The nine million number comes from a new op-ed by Jason Furman, a top economic advisor to Obama. Without mentioning cheap-labor labor, Furman writes in the Wall Street Journal:
The U.S. has experienced a record 86 consecutive months of job growth. But some nine million men of prime age—that is, between 25 and 54—still are not working. Most have given up looking for jobs. Helping these men get back into the workforce should be a leading public-policy priority …
The largest issue facing American men is not that they are rewarded for remaining in a recliner, but that they cannot find rewarding work. The bulk of the decline in employment has been for men with a high-school diploma or less, who have seen their employment rates fall from 97% in 1964 to 83% today. This has coincided with a decline in their relative wages: High-school grads in the 1970s earned two-thirds what their college-educated counterparts took home. Today it’s around half.
Reversing the withdrawal of men from the workforce will require rising wages. This can be achieved by improving the skills of workers through education and training and improving the bargaining power of workers to raise wages. Direct steps like expanding the earned-income tax credit could also make a difference, though the policy is absent from the current tax-reform bill—despite Speaker Paul Ryan’s past support for it.
Furman carefully excludes immigration as a reason for Americans’ low wages, but his comments come amid a renewed push for amnesty by Congress.
The push comes from Democrats, including Sen. Richard Durbin, and also from some business-first Republicans, including South Carolina Sen. Lindsey Graham and North Carolina’s Sen. Thom Tillis. read more
In addition to the impact of immigration, Furman also fails to properly take into account the skilled and low-skilled manufacturing jobs that have left the country in the last few decades. Those jobs typically went to those with lower education, yet provided good pay, such as auto manufacturing and durable good manufacturing.
Bring those job back while enforcing existing immigration laws and that will go farther to solving the workforce participation problem as well as the wage gap than any other program. Trump is on track to do just that.
0bamacare killed 10 million full time, well paying jobs and replaced them with low paying, part time jobs under 25 hours a week.
Democrats can go pound sand.
9 million seem REAL conservative. DJT is making every right move to get us back to work again. The Obamanation. What a freaken joke. Remember his stupid ass line “How’s Trump going to fix the economy. Does he have a magic wand?”
What a dumb ass. But this is why some of us were so passionate during the primaries.
However if you visit a former conservative blog that has turned NeverTrump, they’re are commenter’s their congratulating Trump for taking Ted Cruz’s advise because after all Trump is far to stupid to actually handle this job.
JOB AVAILABLE!
(must speak Spanish)
All American construction workers that have been replaced by or displaced by illegal criminal foreigner dirtbags should sue the Federal Government for damages based on its abject and total failure to enforce the laws of this country and to willingly and knowingly allow the filthy invading pieces of crap entry this country!
obozo and his litlle creeps didn’t ‘push’ me out of the labor force. He and the country that was supporting/enabling him can kiss my ass.
The money I received from my long career of contributing to society PALES compared to the value of my contributions. I HAD QUIT. I may, repeat MAY, renew my contributions, if and only IF, the criminals in government are PROSECUTED. From Bubba to chocolate jesus to that Shrew who considered herself entitled to the reins of my country, to the nabobs at the IRS, EPA, FBI, etc.
If not, I’m pleased with my new life, as a Galt, living 2 Time Zones away, buried in the bossom of America, under the radar, helping the people that I CHOOSE to, not the ones the socialists demand me to.