President Biden's pre-election amnesty will use work-visa programs to move 100,000 illegal migrants into white-collar jobs, potentially displacing U.S. graduates and lowering wages. The amnesty will fast-track work visas for illegals who attended U.S. colleges and remove barriers to citizenship. The move is supported by employers and lobbying groups aiming to hire migrants over Americans. The influx of migrants could impact job opportunities and salaries for U.S. graduates, while also affecting housing costs. The broader economic strategy, known as Extraction Migration, prioritizes lower salaries and higher stock values.
Key Points
Fast-tracking work visas for 100,000 illegal migrants
Removing barriers to citizenship for those attending U.S. colleges
Support from lobbying groups and employers to hire migrants over Americans
Pros
Potential opportunity for illegal migrants to gain legal status and work visas
Support from employers and lobbying groups for increased workforce
Efforts to address labor shortages and economic needs through immigration
Cons
Possible displacement of U.S. graduates from white-collar jobs
Lowering of wages and quality of life for working Americans
Impact on job opportunities and housing costs for U.S. graduates