Wednesday, November 19, 2014

Obama was right #4


"The number of immigrants added to the labor force every year is of a magnitude not seen in this country for over a century. If this huge influx of mostly low-skill workers provides some benefits to the economy as a whole — especially by keeping our workforce young, in contrast to an increasingly geriatric Europe and Japan—it also threatens to depress further the wages of blue-collar Americans and put strains on an already overburdened safety net.”
– Barack Obama “The Audacity of Hope” 2006

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