Biden's 11 million Amnesty Plan; Good/bad for the economy? Employment? Treasury? What else?

NEXT......Economic Benefits VERSUS the Fiscal Cost

If we were to assume that said 11 million illegals/6.6 Million Employed/660,000 Children would ALL qualify for Uncle Sam's social assistance;

Current Recipients/Cost/times a percentage

Medicaid...................................................45 million/$418 Billion X 25%
Children’s Health Insurance Program.......30 million/$16 Billion X 2.2%
Earned income..........................................26.5 million/$70 billion X 24%
child tax credits.........................................40 million/$118 Billion X 1.65%
SNAP.........................................................38 milllion/$64 Billion X 25%
National School Lunch Program................29.4 million/14.1 Billion X 2.2%


Worksheet;

45 million/$418 Billion X 25% = $105 Billion
30 million/$16 Billion X 2.2% = $352 million
26.5 million/$70 billion X 24% = $17 billion
40 million/$118 Billion X 1.65% = $2 billion
38 milllion/$64 Billion X 25% = $16 billion
29.4 million/14.1 Billion X 2.2% = $30 million

Total Maximum Cost; $141 Billion

Deductions;

6.6 million Employed X Median $34,000 X 10% withholding = $23 billion

Excise Taxes; $90 billion..........illegals; $3 billion

Net Federal Maximum Cost; $115 Billion

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NEXT.......States and Local Sales/Property taxes paid by illegals; $21 billion

States and Local income taxes paid by illegals; $11 billion

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NEXT.......GDP Contributions

U.S. 2020 Nominal GDP/Total value of Goods and Services produced and/or sold; $21 trillion.

GDP Per Capita

If 332 million = $21 trillion, then 11 million = X ($700 Billion)

----------------------

NEXT; If we were to deport them all;

Average cost of deportation; $10,000 X 11 million = $110 billion

AND Employers will be squealing for 6.6 million work visas.

-------------------

NEXT........PROS and CONS

 

PROS and CONS

RATIONALE;

1. U.S. Job Openings Outnumber Unemployed by Widest Gap ...
https://www.wsj.com › Economy › Economic Data
Jun. 10, 2019 — There were a seasonally adjusted 7.449 million unfilled jobs at the end of the month, barely budging from March, the Labor Department said ...

2. Number of Unemployed, June 20th, 2019; 6 million, approx. 3.5 million looking

Unemployment Rate; 3.7%

https://www.bls.gov/news.release/archives/empsit_07052019.htm

3. Number of illegals Employed 2018; 6.6 million

Question: Back in June, 2019, what jobs illegals have stolen?

a. The 7.5 million unfilled/high-skilled jobs?

or,

b. The jobs our 6 million unemployed DESPERATELY wanted?

 

Listen. There's 11 million illegals in Texas alone. Up your number to 30 million, then you're close. Illegals do file tax returns....to fleece us. Multiple upon multiple dependents, etc., and they get back 1,000's more than they pay in. They are a cancer on the country and will be it's undoing.

When all the people from 3rd world shitholes come here, here becomes a 3rd world shithole.

And people wonder why 50 years ago it only took one bread winner to support a family. Are things better because of Reagan's amnesty? **** no. That was Reagan's worst error (granting amnesty yet not sealing the border). His second was the free ride in hospitals....used mainly by illegals. (enjoy your high medical costs and insurance costs?)

The income gap people always talk about. Thanks illegals. Thanks democrats. Socialism for all. Step by step, here we come 3rd world shithole.

 

Quote: ''Listen. There's 11 million illegals in Texas alone"

Source????????

 

Fact Sheet: Immigrants in Texas

Aug 13, 2019

1.6 million undocumented lives in Texas

https://immigrationforum.org/article/fact-sheet-immigrants-in-texas/

Migration Policy Institute, “Profile of the Unauthorized Population: Texas,” https://www.migrationpolicy.org/data/unauthorized-immigrant-population/state/TX.

https://www.americanimmigrationcouncil.org/research/immigrants-in-texas

 

Most every immigrant that ever came here came from a shithole. That's why they left their country.
Do you see people immigrating here from nice successful countries. Other than some perhaps to gain experience and then head home.

 

Well cry me a river, come here legally and you will. And many work as part time contract and have to all their FICA themselves which I am sure they all do.

 

What are the CONS?

1. Will increase income inequality
2. Will turn this country into a 3rd world shithole
3. Changing USA into a bilingual country

What else?