Trump says open borders will kill wages for low-income workers
Virtually every major Democrat in the presidential race supports opening our borders and allowing millions of immigrants to flood into the country unchecked.
But President Donald Trump has just urgently warned everyone that if the Democrats have their way, the progress that has been made in improving wages will be lost — perhaps forever.
The trickledown effect
There is a reason that limits have been put in place to regulate how many people can immigrate legally into the country every year. Right now, the U.S. absorbs about one million new immigrants every year.
Joe Biden has recommended almost tripling that amount in the first year of his administration. Other Democrat candidates like Elizabeth Warren (MA) and Bernie Sanders (VT) want even more than that.
What they won’t ever speak about, however, is just how much a policy such as this will impact the middle-to-low-income workers of this country.
“Since the election, real wages have gone up 3.2% for the median American worker,” Trump said in a speech on Tuesday.
He went on: “But for the bottom income group, real wages are soaring. A number that has never happened before. 9%.”
Breitbart reports that “the lowest-paid Americans saw weekly earnings rise by more than 5% in the second quarter from a year earlier, according to a quarterly survey of households produced by the Labor Department. Workers with less than a high-school diploma saw their wages grow nearly 6%.”
Trump said the reason for this precipitous increase in wages is the “tight labor market,” but went on to warn that “flooding the labor market will drive down incomes for the poorest Americans.”
He blasted Democrats that want this future for the American people, saying: “Democrats in Washington want to erase these gains through an extreme policy of open borders.”
Harvard economist George Borjas’ analysis corroborates Trump’s claims. Borjas wrote in 2016 that “wage trends…suggest that a 10% increase in the number of workers with a particular set of skills probably lowers the wage of that group by at least 3%.”
He went on: “Because a disproportionate percentage of immigrants have few skills, it is low-skilled American workers, including many blacks and Hispanics, who have suffered most from this wage dip.”