Widget Image
Follow PPD Social Media
Friday, February 28, 2025
HomeStandard Blog Whole Post (Page 753)

trade-cargo

Stacked shipping containers and cargo in U.S. trade port. (Photo: Reuters)

U.S. import prices in July posted their biggest decline in six months fueled largely by the falling cost of petroleum products, among other goods. The Labor Department report released Thursday indicates inflation could remain well below the Federal Reserve target for at least several more months.

Import prices dropped 0.9 percent last month, which is the largest fall since January, after largely staying sideways in the month of June. Import prices have now declined in 11 of the last 13 months. In the 12 months through July, prices dropped 10.4 percent.

Economists had forecast import prices declining by 1.1 percent after a previously reported 0.1 percent dip in June.

Last month, imported petroleum prices fell 5.9 percent after rising 1.6 percent in June. Excluding petroleum, they fell by 0.3 percent due to impact of a strong dollar. The dollar has gained 15.7 percent against the currencies of the United States’ main trading partners since June 2014, which is a direct result of expectations that the Federal Reserve will raise interest rates this year. A retail sales report also released Thursday came in stronger-than-expected, indicating the Fed will stick to their target of a mid-September rate hike.

In July, imported food prices were unchanged after dropping 0.7 percent in June. Prices for imported capital goods fell 0.2 percent and were unchanged for automobiles. The report also showed export prices slipped 0.2 percent last month after falling 0.3 percent in June. Export prices dropped 6.1 percent in the 12 months through July.

U.S. import prices in July posted their

jobs-line

Labor Department reports on weekly jobless claims, otherwise known as first-time jobless claims. (Photo: Reuters)

The number of weekly jobless claims for first-time unemployment benefits unexpectedly rose for the week ended Aug 8 by 5,000 applications to 274,000.

Claims for the prior week were revised to show 1,000 fewer applications received than previously reported, and claims have now risen for three straight weeks. However, they have remained below the 300,000 threshold, which is associated with a firming jobs markets, for 23 consecutive weeks.

Economists had forecast claims to be unchanged at 270,000 last week. A Labor Department analyst said there were no special factors influencing the data and no states had been estimated.

The four-week moving average of claims — which is widely considered a better measure of labor market trends as it irons out week-to-week volatility — decreased by 1,750 to 266,250 last week, or the lowest since April 2000.

Nonfarm payrolls increased by a solid 215,000 jobs in July and the unemployment rate held at a seven-year low of 5.3 percent – near the 5.0 percent to 5.2 percent range that most Federal Reserve officials think is consistent with a steady but low level of inflation.

Thursday’s claims report showed the number of people still receiving benefits after an initial week of aid rose 15,000 to 2.27 million in the week ended August 1.

The number of weekly jobless claims for

Ben-Carson-Harlem-BLM

Ben Carson, Republican presidential candidate and child neurosurgeon, speaks on the Black Lives Matter movement in Harlem, New York. (Photo: Ross Barkan for Observer)

Dr. Ben Carson, Republican presidential candidate and child neurosurgeon, had a message for the Black Lives Matter movement while speaking on Wednesday in Harlem, NY.

“The main thing I would say is make sure to pay attention to who you are listening to and use that brain God gave you,” he said. “And let’s concentrate using our energy to figure out ways to figure out ways we can stop the [inaudible].”

[brid video=”13303″ player=”1929″ title=”Ben Carson to Black Lives Matter Use that Brain God Gave You”]

“Do black lives matter? Of course they do, and the fact of the matter is that the most likely cause of death for a young black male is homicide,” the Republican presidential candidate continued. “Let’s look at that and figure out what we can do to stop that.”

“The main thing I would say is make sure to pay attention to who you are listening to and use that brain God gave you,” he said. “And let’s concentrate using our energy to figure out ways to figure out ways we can stop the [inaudible].”

“Do black lives matter? Of course they do, and the fact of the matter is that the most likely cause of death for a young black male is homicide,” the Republican presidential candidate continued. “Let’s look at that and figure out what we can do to stop that.”

Ben Carson, Republican presidential candidate and child

Election 2008

A customer walks past a store in front of them painting on the word “vote” (Photo: AP)

The students at Miami Central Senior High frustrated me, and I frustrated them. The topic was Ferguson and my opinion that African-Americans in that torn-up Missouri city could get the city government they want if only they voted in greater numbers. After all, they are a clear majority of the population.

“It isn’t as simple as you made it seem,” T’mya wrote. For one thing, African-Americans in Ferguson “move a lot so they would have to change their address and register.”

Ninth-grader Asia noted that “strict ID laws to vote make it also not easy for them to vote.”

And Jose cited limits to early voting. “Certain politicians have made sure it’s as inconvenient as possible” for the working poor to vote, he said.

I stand partly corrected. Voting is not so simple for many poor people as I seemed to imply. But I do worry that portraying inconveniences as high barriers can discourage people from even trying. Inconveniences can be worked around.

It’s obvious that Republicans are pushing rules that discourage poor populations — people who tend to vote for Democrats — from voting. And it’s no coincidence that enormous waits have occurred at polling places used by poor people and students, another largely Democratic voting bloc.

The problem comes in proving that the rules and long lines were intended to suppress the vote. Some cases are blatant, such as the Texas law requiring identification for casting a ballot that may include a concealed-handgun license but not a student ID or voter registration card.

Voter suppression usually hides in fuzziness. Consider the challenge to North Carolina’s voting law now before a federal court. Civil rights groups argue that by shortening the period for early voting, the 2013 law was intended to suppress the African-American vote.

That may well have been the intention, but try to prove it. North Carolina counters that the voting law changes apply to all. Furthermore, some states, such as New York, don’t allow early voting at all. No one is charging New York with suppressing anyone’s vote.

The Miami Central students correctly noted that poor people tend to move more often and have to register to vote with every change of address. True, but re-registering is necessary because politicians represent the people in their district.

Why don’t the students organize and urge new voting-age neighbors to register at their current address? Learn the valid forms of ID, and help those without one obtain what they need.
In central Florida, a group called Mi Familia Vota is greeting new arrivals from Puerto Rico at supermarkets and festivals and making sure they register.

Many have complained that Ferguson elects its city officials on a date far removed from the traditional Election Day. This complicates matters for many poor residents, Isaiah wrote, “because voting is not held at a time when black and low-income people are likely to show up.”

Isaiah is entirely right. But the immediate remedy would be to publicize the schedule and urge the people to show up. When they do so in large numbers, the date will be changed.
Tommie Pierson, pastor at the Greater St. Mark Family Church in St. Louis, said after a recent protest march, “If we’re going to change the system to work for us, we need to run for office and vote for ourselves.”

That cuts to the chase. And in the meantime, inconveniences aren’t mountains.

Voter suppression usually hides in fuzziness, such

Christie-vs-Paul-debate

New Jersey Gov. Chris Christie, left, and Kentucky Sen. Rand Paul, right, clash over privacy vs. security during the first prime-time Republican debate at the Quicken Loans Arena in Cleveland, Ohio on August 6, 2015. (Photo: FOX News)

The dust-up between New Jersey Gov. Chris Christie and Kentucky Sen. Rand Paul over presidential fidelity to the Constitution — particularly the Fourth Amendment — was the most illuminating two minutes of the Republican debate last week.

It is a well-regarded historical truism that the Fourth Amendment was written by victims of government snooping, the 1770s version. The Framers wrote it to assure that the new federal government could never do to Americans what the king had done to the colonists.

What did the king do? He dispatched British agents and soldiers into the colonists’ homes and businesses ostensibly looking for proof of payment of the king’s taxes and armed with general warrants issued by a secret court in London.

A general warrant did not name the person or place that was the target of the warrant, nor did it require the government to show any suspicion or evidence in order to obtain it. The government merely told the secret court it needed the warrant — the standard was “governmental need” — and the court issued it. General warrants authorized the bearer to search wherever he wished and to seize whatever he found.

The Fourth Amendment requires the government to present to a judge evidence of wrongdoing on the part of a specific target of the warrant, and it requires that the warrant specifically describe the place to be searched or the person or thing to be seized. The whole purpose of the Fourth Amendment is to protect the right to be left alone — privacy — by preventing general warrants.

The evidence of wrongdoing that the government must present in order to persuade a judge to sign a warrant must constitute probable cause. Probable cause is a level of evidence sufficient to induce a neutral judge to conclude that it is more likely than not that the government will find what it is looking for in the place it wants to search, and that what it is looking for will be evidence of criminal behavior.

But the government has given itself the power to cut constitutional corners. The Foreign Intelligence Surveillance Act, the Patriot Act and the Freedom Act totally disregard the Fourth Amendment by dispensing with the probable cause requirement and substituting instead — incredibly — the old British governmental need standard.

Hence, under any of the above federal laws, none of which is constitutional, the NSA can read whatever emails, listen to whatever phone calls in real time, and capture whatever text messages, monthly bank statements, credit card bills, legal or medical records it wishes merely by telling a secret court in Washington, D.C., that it needs them.

And the government gets this data by area codes or zip codes, or by telecom or computer server customer lists, not by naming a person or place about whom or which it is suspicious.
These federal acts not only violate the Fourth Amendment, they not only bring back a system the Founders and the Framers hated, rejected and fought a war to be rid of, they not only are contrary to the letter and spirit of the Constitution, but they produce information overload by getting all the data they can about everyone. Stated differently, under the present search-them-all regime, the bad guys can get through because the feds have more data than they can analyze, thus diluting their ability to focus on the bad guys.

Among the current presidential candidates, only Paul has expressed an understanding of this and has advocated for fidelity to the Constitution. He wants the government to follow the Fourth Amendment it has sworn to uphold. He is not against all spying, just against spying on all of us. He wants the feds to get a warrant based on probable cause before spying on anyone, because that’s what the Constitution requires. The remaining presidential candidates — the Republicans and Hillary Clinton — prefer the unconstitutional governmental need standard, as does President Obama.

But Christie advocated an approach more radical than the president’s when he argued with Paul during the debate last week. He actually said that in order to acquire probable cause, the feds need to listen to everyone’s phone calls and read everyone’s emails first. He effectively argued that the feds need to break into a house first to see what evidence they can find there so as to present that evidence to a judge and get a search warrant to enter the house.

Such a circuitous argument would have made Joe Stalin happy, but it flunks American Criminal Procedure 101. It is the job of law enforcement to acquire probable cause without violating the Fourth Amendment. The whole purpose of the probable cause standard is to force the government to focus on people it suspects of wrongdoing and leave the rest of us alone. Christie wants the feds to use a fish net. Paul argues that the Constitution requires the feds to use a fish hook.

Christie rejects the plain meaning of the Constitution, as well as the arguments of the Framers, and he ignores the lessons of history. The idea that the government must break the law in order to enforce it or violate the Constitution in order to preserve it is the stuff of tyrannies, not free people.

[brid video=”13301″ player=”1929″ title=”GOP Debate Fireworks Chris Christie vs. Rand Paul on Privacy vs. Security”]

The Gov. Chris Christie vs. Sen. Rand

Jimmy Carter

Former U.S. President Jimmy Carter speaks at an Ethical Elections Pact signing ceremony in Panama City, Friday, March 14, 2014. (Photo: AP Photo/Arnulfo Franco)

ATLANTA – Former President Jimmy Carter announced he has been diagnosed with cancer in a brief statement issued Wednesday. In a statement Wednesday, Carter made clear that the cancer is widely spread throughout his body, and that further information would be provided when more facts are known “possibly next week.”

“Recent liver surgery revealed that I have cancer that now is in other parts of my body,” Carter said in the statement released by the Carter Center. “I will be rearranging my schedule as necessary so I can undergo treatment by physicians at Emory Healthcare.”

The statement did not reveal where the cancer originated, but it is widely known that the liver is a place where cancer spreads and less known for being the primary source of it. Carter, 90, the nation’s 39th president, announced on Aug. 3 that he had surgery to remove a small mass from his liver.

Carter defeated Republican President Gerald Ford in 1976 with a pledge to always be honest, and adopted an early foreign policy akin to current President Barack Obama, which focused on disengagement under the banner of human rights and lessened America’s role around the world as the go-to global leader. However, a number of foreign policy blunders quickly sank the credibility of such a strategy and, unlike Obama, Carter pivoted to a more aggressive posture. Nevertheless, it was too late to save his bid for a second term in the White House, and Carter lost to Ronald Reagan in a landslide.

In 1982, following his defeat, Carter founded the Winship Cancer Institute in Atlanta and would go on to win the Nobel Peace Prize in 2002. In his memoir A Full Life: Reflections at Ninety, Carter revealed his family’s history of pancreatic cancer, noting that his father, brother and two sisters all succumbed to the disease, which “concerned” his doctors at Emory.

“The National Institutes of Health began to check all members of our family regularly, and my last remaining sibling, Gloria, sixty-four, was diagnosed with pancreatic cancer and died in 1990,” Carter wrote. “There was no record of another American family having lost four members to this disease, and since that time I have had regular X-rays, CAT scans, or blood analyses, with hope of early detection if I develop the same symptoms.”

Carter wrote that being the only non-smoker in his family “may have been what led to my longer life” in the book he just recently finished promoting during a summer tour.

“Our thoughts and prayers go out to President Carter,” said Dr. Len Lichtenfeld, deputy chief medical officer of the American Cancer Society. “There a lot we don’t know.”

Lichtenfeld said the first medical priority will be to determine where the cancer originated, as that will be pivotal in making a decision as to what treatment is appropriate for the former president. “Given the president’s age, any treatments, their potential and their impacts, will undoubtedly be discussed carefully with him and his family,” he added.

The announcement comes less than a month after Carter Center spokeswoman Deanna Congileo called the surgery “elective” and claimed the former president’s “prognosis is excellent for a full recovery.” She, as well as a spokesperson for Emory Healthcare, declined to answer further questions on Wednesday.

The health care system’s Winship Cancer Institute in Atlanta touts its designation as a National Cancer Institute center and a recent U.S. News and World Report ranking among the top 25 cancer programs in the U.S. on its website.

ATLANTA – Former President Jimmy Carter announced

national-debt-capitol-hill-budget

(Photo: PBS)

I never watched That ’70s Show, but according to Wikipedia, the comedy program “addressed social issues of the 1970s.” Assuming that’s true, they need a sequel that addresses economic issues of the 1970s. And the star of the program could be the Congressional Budget Office, a Capitol Hill bureaucracy that apparently still believes – notwithstanding all the evidence of recent decades – in the primitive Keynesian view that a larger burden of government spending is somehow good for economic growth and job creation.

I’ve previously written about CBO’s fairy-tale views on fiscal policy, but wondered whether a new GOP-appointed Director would make a difference. And I thought there were signs of progress in CBO’s recent analysis of the economic impact of ObamaCare.

But the bureaucracy just released its estimates of what would happen if the spending caps in the Budget Control Act (BCA) were eviscerated to enable more federal spending. And CBO’s analysis was such a throwback to the 1970s that it should have been released by a guy in a leisure suit driving a Ford Pinto blaring disco music.

Here’s what the bureaucrats said would happen to spending if the BCA spending caps for 2016 and 2017 were eliminated.

According to CBO’s estimates, such an increase would raise total outlays above what is projected under current law by $53 billion in fiscal year 2016, $76 billion in fiscal year 2017, $30 billion in fiscal year 2018, and a cumulative $19 billion in later years.

And here’s CBO’s estimate of the economic impact of more Washington spending.

Over the course of calendar year 2016,…the spending changes would make real (inflation-adjusted) gross domestic product (GDP) 0.4 percent larger than projected under current law. They would also increase full-time-equivalent employment by 0.5 million. …the increase in federal spending would lead to more aggregate demand than under current law. …Over the course of calendar year 2017…CBO estimates that the spending changes would make real GDP 0.2 percent larger than projected under current law. They would also increase full-time-equivalent employment by 0.3 million.

Huh?

If Keynesian spending is so powerful and effective in theory, then why does it never work in reality? It didn’t work for Hoover and Roosevelt in the 1930s. It didn’t work for Nixon, Ford, and Carter in the 1970s. It didn’t work for Japan in the 1990s. And it hasn’t worked this century for either Bush or Obama. Or Russia and China.

And if Keynesianism is right, then why did the economy do better after the sequester when the Obama Administration said that automatic spending cuts would dampen growth?

To be fair, maybe CBO wasn’t actually embracing Keynesian primitivism. Perhaps the bureaucrats were simply making the point that there might be an adjustment period in the economy as labor and capital get reallocated to more productive uses.

I’m open to this type of analysis, as I wrote back in 2012.

…there are cases where the economy does hit a short-run speed bump when the public sector is pruned. Simply stated, there will be transitional costs when the burden of public spending is reduced. Only in economics textbooks is it possible to seamlessly and immediately reallocate resources.

But CBO doesn’t base its estimates on short-run readjustment costs. The references to “aggregate demand” show the bureaucracy’s work is based on unalloyed Keynesianism.

But only in the short run.

CBO’s anti-empirical faith in the magical powers of Keynesianism in the short run is matched by a knee-jerk belief that government borrowing is the main threat to the economy’s long-run performance.

…the resulting increases in federal deficits would, in the longer term, make the nation’s output and income lower than they would be otherwise.

Sigh. Red ink isn’t a good thing, but CBO is very misguided about the importance of deficits compared to other variables.

After all, if deficits really drive the economy, that implies we could maximize growth with 100 percent tax rates (or, if the Joint Committee on Taxation has learned from its mistakes, by setting tax rates at the revenue-maximizing level).

This obviously isn’t true. What really matters for long-run prosperity is limiting the size and scope of government. Once the growth-maximizing size of government is determined, then lawmakers should seek to finance that public sector with a tax system that minimizes penalties on work, saving, investment, risk-taking, and entrepreneurship.

Remarkably, even international bureaucracies such as the World Bank and European Central Bank seem to understand that big government stifles prosperity. But I won’t hold my breath waiting for the 1970s-oriented CBO to catch up with 21st-century research.

P.S. Here’s some humor about Keynesian economics.

P.P.S. If you want to be informed and entertained, here’s the famous video showing the Keynes v. Hayek rap contest, followed by the equally clever sequel, which features a boxing match between Keynes and Hayek. And even though it’s not the right time of year, here’s the satirical commercial for Keynesian Christmas carols.

The Congressional Budget Office takes the primitive

Human-Capital-II-Planned-Parenthood

Blood and TIssue Procurement Technician Holly O’Donnell reveals how Planned Parenthood isn’t getting proper consent from would-be mothers for the harvesting of baby body parts. “It’s not an option, it’s a demand,” StemExpress supervisors instructed O’Donnell regarding how to approach pregnant women at Planned Parenthood regarding consent for fetal tissue “donations.”

In response to a series of disturbing videos exposing how Planned Parenthood harvests and sells the body parts of aborted babies, Democrats and supporters have oft-claimed the largest abortion provider in the nation gets consent from the would-be mothers to use the “”donations” for research. However, the second episode (viewable below) in the “Human Capital” documentary web series, produced by The Center for Medical Progress, casts serious doubt on that claim.

Holly O’Donnell, a former Blood and TIssue Procurement Technician, reveals how Planned Parenthood isn’t getting proper consent from would-be mothers for the harvesting of baby body parts. “It’s not an option, it’s a demand,” StemExpress supervisors told O’Donnell regarding how to approach pregnant women at Planned Parenthood to get consent for fetal tissue “donations.” O’Donnell says the StemExpress techs working in Planned Parenthood clinics sometimes harvested fetal parts without even obtaining consent from the patients.

[brid video=”13277″ player=”1929″ title=”Human Capital Episode 2 Inside the Planned Parenthood Supply Site”]

“If there was a higher gestation, and the technicians needed it, there were times when they would just take what they wanted,” O’Donnell said. “And these mothers don’t know. And there’s no way they would know.”

O’Donnell claims Planned Parenthood gave StemExpress workers access to patient records and schedules so that the harvesting company could plan for the days when patient “supply” would be greatest. Even women merely requesting a pregnancy test at Planned Parenthood were considered part of the supply.

“They give you a sheet, and it’s everybody for that day, who’s coming in for an ultrasound, who’s coming in for an abortion, medical or a late-term abortion,” O’Donnell said. “Pregnancy tests are potential pregnancies, therefore potential specimens. So it’s just taking advantage of the opportunities.”

“Human Capital: Inside the Planned Parenthood Supply Site,” follows the release of the fifth video and first in the new series. In “Planned Parenthood’s Black Market in Baby Parts,” an official at the Gulf Coast Planned Parenthood is caught on video willing to sell whole, 20-week baby bodies for intact baby body parts. The disturbing video shows the Director of Research for Planned Parenthood Gulf Coast, Melissa Farrell, advertising the Texas Planned Parenthood branch’s track record of fetal tissue sales, including its ability to alter procedures to deliver fully intact fetuses. Federal law prohibits any alteration in the timing or method of abortion, particularly for the purposes of fetal tissue collection (42 U.S.C. 289g-1).

The first video also featured Ms. O’Donnell, who as a procurement tech, had the job of identifying pregnant patients matching the specifications of StemExpress customers and to subsequently harvest the fetal body parts from their abortions.

“Experiences like Holly O’Donnell’s show that Planned Parenthood’s abortion and baby parts business is not a safe place where vulnerable women can be cared for, but a harvesting ground for saleable human ‘product,’” David Daleiden, the Project Lead at the Center for Medical Progress said in a statement. “Taxpayer subsidies to Planned Parenthood’s barbaric abortion business should be revoked immediately, and law enforcement and other elected officials must act decisively to determine the full extent of Planned Parenthood’s offensive practices and hold them accountable to the law.”

Former Procurement Technician Holly O’Donnell reveals how

hillary-clinton-united-nations-march-10-2015

Hillary Rodham Clinton speaks to the reporters at United Nations headquarters, Tuesday, March 10, 2015. Clinton conceded that she should have used a government email to conduct business as secretary of state, saying her decision was simply a matter of “convenience.” (Photo: AP/Seth Wenig)

The Federal Bureau of Investigation has discovered two emails deemed top secret classified on the private server kept by Hillary Clinton. The former secretary of state and Democratic presidential candidate is in full spin mode not only on why classified information was improperly sent via and stored on the home-brew email server she ran from her house in suburban New York City, but also how FBI investigators came to take possession of the server in the first place.

Clinton campaign spokesman Nick Merrill claimed the Democratic frontrunner turned over the server voluntarily.

“Hillary Clinton has pledged to cooperate with the government’s security inquiry, and if there are more questions, we will continue to address them,” Merrill said. “As she has said, it is her hope that State and the other agencies involved in the review process will sort out as quickly as possible which emails are appropriate to release to the public, and that the release will be as timely and transparent as possible.”

However, a source in the Justice Department familiar with the investigation tells PPD that Clinton responded only after the Bureau gave her a “soft ultimatum,” give up the potentially-compromised server or explain a warrant to the public. Clinton’s Republican rivals jumped on the news Tuesday, offering an alternative version of events that turned out to be far closer to the truth than the Clinton camp will admit.

“All this means is that Hillary Clinton, in the face of FBI scrutiny, has decided she has run out of options,” Republican National Committee Chairman Reince Priebus said in a statement. “She knows she did something wrong and has run out of ways to cover it up.”

Nevertheless, the Justice Department source insisted the security investigation being conducted by the FBI is, in fact, a criminal investigation. Further, though it has been compared to the scenario that led to the prosecution of former CIA head General David Petraeus, it is actually far more severe since the government alleged he failed to properly secure “confidential” information. While confidential information is the lowest in severity and classifications, Mrs. Clinton failed to comply with federal law regarding top secret classified, which is the highest classification.

“The FBI doesn’t conduct anything but criminal investigations into these kinds of national security violations and we certainly don’t conduct different investigations because of someone’s political status,” the source said. “The investigation, by its nature, is a criminal investigation and it is centered around the actions of Hillary Clinton before, during and after her tenure as secretary of state.”

Earlier this week, Clinton said in a sworn statement submitted to a federal judge that she has turned over to the State Department all emails from the server “that were or potentially were federal records.” The statement, which carries her signature and was signed under penalty of perjury, echoed months of Clinton’s past public statements about the matter.

The FBI has discovered two emails deemed

obama_immigration_nashville

President Barack Obama answers questions during a town hall on immigration at Casa Azafran community center in Nashville, Tennessee. December 9, 2014. (Photo: WH/Pete Souza)

Yikes, you really hate me! Many of you, anyway, based on Twitter and Facebook comments posted after I argued immigration with Ann Coulter on my TV show. “Move into an illegal-heavy neighborhood and get back to us!” 

“Another libertarian who believes illegal invaders are good for our country. Madness.”

Madness?

Clearly, lots of Americans are mad about immigration. But we libertarians believe that people trapped in horrible countries deserve a chance at a better life and that free trade in labor, not just products, is a good thing.

Why would I think that when my Facebook “fans” tell me things like: “Most immigrants, legal & illegal, get food stamps & welfare”?

Because that’s not true.

“Almost all welfare programs in the U.S. are limited to legal immigrants living here at least five years,” points out Cato Institute policy analyst Alex Nowrasteh.

Of course, some immigrants cheat, many hospitals lose money treating undocumented people and immigrants’ kids get free public schooling. On average, the lifetime fiscal impact of the average immigrant is negative $3,000, says the National Research Council.

But the NRC goes on to say that descendants of the immigrant make a positive fiscal contribution of $83,000. That’s a big win for America.

Even illegal immigration helps delay the bankruptcy of Social Security and Medicare. Young illegal workers pay into the system — but most don’t collect. “Medicare and Social Security — the biggest welfare programs,” says Nowrasteh. “Immigrants subsidize those programs massively.”

Health policy journal Health Affairs says in 2009 immigrants contributed $13.8 billion more to the Medicare Trust Fund than they collected in benefits. In the same year, native-born Americans took out $30.9 billion more than they paid in.

Beyond the financial arguments, let’s not forget that immigrants bring us new ideas. They invent more things than native-born Americans. Immigrants gave us Google, YouTube, blenders, ATMs, basketball, shopping malls, blue jeans, hot dogs and more.

Ann Coulter told me, “that was then, those were European immigrants.” But now we admit “brown people” who are turning America into “a Third World hellhole.”
Coulter says that the new immigrants don’t assimilate the way Europeans did. Maybe that’s true, but I pointed out that immigrants from Nigeria, Jamaica and Ghana are more likely to be employed than native-born Americans and twice as likely to get a college degree. “I don’t believe it,” answered Coulter.

She also argues that America admits too many immigrants, but how many is too many? Thirteen percent of America’s population is now foreign born (down from 15 percent in 1915). Immigrants make up 27 percent of the population in Switzerland and Australia.

Of course, it would be good if all immigrants came here legally. But America makes that difficult.

The government awards 50,000 green cards by lottery, but in 2014, 11 million people applied, so the vast majority never get them.

Forbes says a computer programmer from India who wants to work in America legally must wait an average of 35 years. A Mexican teenager would have to wait 131 years. No wonder people give up on the legal approach and sneak in.

Donald Trump calls immigrants “criminals,” and some are. We don’t know how many because America doesn’t know how many illegals are here. But a count of prisoners shows that more Americans are jailed than immigrants. Social Science Quarterly found “cities with greater growth in immigrant … populations … have steeper decreases in homicide and robbery rates.”

Hard-core libertarians dominated my studio audience that day, and some booed Coulter (gently).

On Twitter, MissJitter responded: “White guilt is apparently alive & well in his audience.”

Betty Orvis complained that I invited “a stacked audience of open border supporters. Real fair … not! … The elites in this country do not care one bit about the dire effects of illegal immigration. … I guess facts are ‘racist.'”

But libertarian support for immigration is not about “elites” or “guilt.” The facts show that immigration is mostly good.

Stossel: Libertarians believe people trapped in horrible

People's Pundit Daily
You have %%pigeonMeterAvailable%% free %%pigeonCopyPage%% remaining this month. Get unlimited access and support reader-funded, independent data journalism.

Start a 14-day free trial now. Pay later!

Start Trial