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Sunday, September 28, 2025

The Facts Nobody Wants - Denninger

 https://market-ticker.org/akcs-www?post=254076 

So..... 289,000 more people went to work from February to August of 2024 when illegal aliens were flooding the country than in the last seven months.

In other words of the 2 million illegal immigrants that have been expelled by one means or another it is a reasonable argument that a mere 14.5% of them, or about one in seven, were working in a form and fashion that was recorded in the household survey, which is a clean survey of people, not of employers who are paying everyone above the table on W2s.  I've been following said survey since the 1990s privately and reporting on it monthly since 2007.

The rest of those who have been removed or self-deported were being showered with the proceeds of armed robbery committed by local, state and federal governments against everyone else here in the United States, including you and I, or they were living on outright criminal activity that is not counted as employment at all.

Oh, and beyond that 14.5% they were not paying any employment or income taxes either so spare me that tripe as well.

This is not my data so don't bothering arguing with me.

Argue with the BLS and ICE.

PS: A further check on this, and a decent correlating verification, will come in January when the population rebase (non-institutional working-age population) adjustment is made.  This is done every January and this year's was very large (+3.08 million) -- and confirmed that in fact the illegals the Biden Administration let in were being counted in the household survey.