Friday, September 28, 2007

Experts, Unemployment, And Illegal Immigration

Just another incident to reinforce the reality that these mysterious financial 'experts' almost always expect doom and gloom, and are thus almost always 'surprised' by good news:

Fox News reports that jobless claims fell to the lowest point since late July.

Remember, overall unemployment is less than 5%, which is considered (in economic terms) to be full employment.

If these so-called experts are constantly wrong (and surprised), why does anyone listen to them anymore?

Here's another idea that could kill two birds with one stone. If we're still worried about unemployment, and if we're worried about what would happen if we had a mass exodus/deportation of illegal aliens, there's a very simple solution. The number of illegal aliens is somewhere around 15 million, right? Well, 5% of 300 million people is 15 million.

What a coincidence!

If all 15 million illegal aliens suddenly left, we could plug those who are unemployed straight into their jobs. We'd have a healthy, happy, completely-employed economy of legal U.S. citizens.

In fact, looking at these numbers...does this mean that illegal aliens are taking jobs that Americans should have? Hmmm...

There's my two cents.

No comments: