Immigration cuts salaries of Americans $2,470 a year

The nation’s unending appetite for new and low-wage immigrant workers, now about about 1 million a year, is slashing the incomes of native-born Americans by $2,470 while boosting corporate profits, according to a new report on the cost of legal and illegal immigration.

The U.S. is literally importing poverty, said the new report from the group Negative Population Growth Inc. Critics of immigration and the administration’s expansion of the green card worker program have long charged that native American workers have had to accept lower wages just to compete with cheap imported labor and the new report from Ed Rubenstein, president of ESR Research, bolsters those charges.

Source: Immigration cuts salaries of Americans $2,470 a year