Amidst the heated employment landscape of Americans and migrants, unpacking Bidenomics reveals a staggering allocation of 4.7 million jobs to migrants versus 645,000 for American citizens.
At a Glance
- Immigration’s role in the 2024 U.S. presidential election.
- 4.7 million jobs were given to migrants under Bidenomics.
- Bidenomics viewed as deliberately harming American workforce.
- The disparity in job allocation raises concerns within American communities.
Job Allocation Disparity
The examination of the Biden administration’s economic strategy, dubbed “Bidenomics,” uncovers a controversial allocation of jobs, with migrants receiving 4.7 million jobs, including nearly three million illegal immigrants. In stark contrast, only 645,000 jobs have been created for American citizens.
These numbers, curated by the Center for Immigration Studies, have sparked heated debates about the prioritization of employment opportunities, further contributing to a narrative of economic inequality.
While labor economists argue the beneficial impact of immigrants on the job market and economy, questioning their role doesn’t erase the glaring disparity presented by these figures. Setting aside economic growth arguments in favor of a closer scrutiny might show where issues of stagnation and wage growth lay.
Economic Repercussions and Policy Prioritization
Bidenomics has inevitably led to economic imbalances, with stagnant wages and increasing living costs adding to the burden of an already struggling American workforce. A significant share of U.S.-born men aged 16 to 64 are projected to remain out of the labor force, reaching a historic high by January 2025.
“They’re taking your jobs” – Donald Trump
The voice of President Donald Trump echoes across political aisles, as he aims to curb illegal and quasi-legal migration, promising to address employment disparities. In contrast, the business lobby is pushing for continued migrant labor, asserting that migrants fill necessary roles in the economy, creating a complex tug-of-war among policy makers.
Impact on Socioeconomic Stability
The overreach seen in the allocation of jobs to migrants has far-reaching implications, extending beyond wages and employment. Subgroups of U.S.-born workers, particularly those with lower educational attainment, have reportedly seen diminished opportunities and wage pressure, which have been linked to broader societal issues such as homelessness and substance abuse.
