At the start of the year, many months after we first pointed out that the biggest untold story of the US labor market was the “great replacement” of native born workers with foreign-born workers (most of whom we subsequently learned were illegal aliens), we asked how is the great replacement of US workers “not the biggest political talking point right now” considering that “since October 2019, native-born US workers have lost 1.4 million jobs; over the same period foreign-born workers have gained 3 million jobs.”
Nine months later, we are delighted to see that our relentless efforts to bring attention to this critical topic finally worked, and the relentless replacement of native-born workers with immigrants and illegal aliens was finally the biggest political and media talking point, as demonstrated by such articles as “How Immigration Remade the U.S. Labor Force” by the WSJ and “Without Immigrants, US Working-Age Population Would Shrink” from Bloomberg, both of which are an extension of the latest and greatest narrative, first spawned by Fed chair Powell, and then picked up by Goldman, which came down to the following: you can have (record) illegal immigration, or you can have even more (breakneck) inflation. So don’t be bad and just accept the roving gangs of Venezuelan murderers in your neighborhood if you know what’s good for you.
Hellbound and Down 