It is clear to me that the root cause of many of the economic ills of 2008 was the "government subsidy" of immigration levels about ten times greater than our nation's immigration tradition. See Roy Beck's short YouTube video here: Our Immigration Tradition
When labor markets are glutted by an alphabet soup of work visa programs and the costs of the necessaries of life are bid upwards by the tidal wave of immigration, the "banker class" are the most significant beneficiaries. The U.S. middle class and lower class are the losers in this zero-sum game
Here is a collection of some of my published writings on these topics. I'm anticipating that there will be a big push for increased immigration in 2009, since both McCain and Obama's campaigns called for increased H-1B visas, for example. I wonder out loud if the voice of the middle class will be heard over the "soft rustle of lobbying dollars."
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