I caught a portion of some investing show this morning on Fox News. They were debating the effect of illegal immigration on the stock market. One commentator, Jonathan Hoenig, was claiming to give investing advice, but was being incredibly closed-minded, ignorant, or just very, very short-sided.

He was supporting illegal immigration. He wanted, literally, as many illegal immigrants as he could get into the US to clean his yard. He claimed that no one had any right to stop them because HE wanted them to mow his lawn.

He then tried to explain how "good" illegals were for companies and investors, by claiming that they were "cheap" labor and that labor costs had been kept down because of the illegals. He claimed that companies were spending less money and keeping profits up by using illegals -- and therefore they were good for the country.

Of course, what Mr. Hoenig left out, as many do who support the criminal invasion from Mexico, is the COSTS these people bring with them. When a family with 2 kids and a pregnant wife comes over so the male head of household can supply "cheap labor" so businesses can make money, that costs EVERYONE ELSE, and yes, even the businesses, in higher taxes to pay for them!

Illegals cost over $500 BILLION in taxpayer outlays in the form of medical services, medicare payout, section 8 housing, aid to dependent families, educational services, and plenty more. They are NOT helping our economy. They are NOT helping businesses, except in the VERY short term.

Please understand all the finances at work here before you support the criminal invasion because of "cheap labor" -- it's NOT cheap, it costs MORE in the long run because of the higher taxes needed to PAY for all the government services that are given away. Remove all the government handouts, and we'll talk about importing cheap labor -- if they're still interested in coming.

Posted by: Ogre at 04:05 PM | Comments (6) | Add Comment
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