23 September 2011

Fixing American Unemployment

"Of jobs created in Texas since 2007, 81 percent were taken by newly arrived immigrant workers (legal and illegal)," says the report from the Center for Immigration Studies, a group that advocates reduced levels of both legal and illegal immigration.  The report estimates that about 40 percent of the new jobs were taken by illegal immigrants, while 40 percent were taken by legal immigrants.  The vast majority of both groups, legal and illegal, were not American citizens.
Native-born Americans filled just 20 percent of the new jobs in Texas, the report says, even though "the native born accounted for 69 percent of the growth in Texas' working-age population." "Thus, even though natives made up most of the growth in potential workers, most of the job growth went to immigrants," the report concludes. (Hat tip: Vox Day.)

If you want to fix the unemployment mess America currently faces, do four things:

One, round up all illegal immigrants and guest workers and deport them.  I am unable to comprehend how a government that claims to represent the interests of its people even tolerates any foreign workers when the unemployment rate is hovering around 16%.  Why is this allowed when citizens are jobless and looking for work?  Citizens should be given preference when it comes to domestic policy, and labor is no exception.

Two, deregulate labor.  Get rid of the minimum wage, the minimum age, and mandatory overtime pay laws.  Price floors always, without fail, create a surplus.  Again, labor is no exception.

Three, get rid of government-sponsored welfare, unemployment compensation, and all other forms of paying people to not work.  This will give the currently unemployed a very powerful incentive to find and/or create a job.  Note, however, that one should not end the dole without first having eliminated minimum wage.

Four, get rid of payroll taxes.  Milton Friedman’s monstrously stupid idea to have taxes withheld from one’s paycheck places compliance costs on businesses that they do not face when hiring illegal workers.  This, in turn, makes it more difficult for legal workers to compete with illegal workers.  As such, ending payroll taxes will reduce the costs of employment, and make it easier for citizens to compete for jobs.

2 comments:

  1. Sounds good! Unemployment will plummet, living conditions will plummet, and we'll have a socialist revolution in no time! ;)

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  2. @Glowing Face Man- more like unemployment will drop somewhat, living conditions will remain stagnant, and we'll end up going to war with Mexico.

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