Economic News

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I've never worked in construction or any of the trades so I don't know how they treat immigrants with no work visas, but I have worked quite a bit in distribution/warehousing and manufacturing, including ten years in CA where there're a lot of immigrants working illegally. Mostly they would just get a fake SS number and fill out the I9 accordingly. SUI, SS and all applicable taxes were paid/withheld. Pretty much anyone knows where to buy a SSN, it s a big business. Why do you think so many employers (and the legislators/congresspeople who receive campaign donations from them) have been opposed to E-Verify?
Hmm. I knew they would get SS numbers, but I thought maybe the employers would just try to lay as low as possible. But if SUI (state unemployment insurance?) is being paid, then never mind. Still, the undocumented workers aren't showing up to collect unemployment, so maybe that's it?
 
Are the markets whistling by the graveyard, or am I being overly influenced by my negative reaction to Federal economic choices?
I’ve been asking myself the same question since the election. Hard not to let my negative attitude toward the overall awfulness of the Trump Administration influence my decisions as a business owner. On the other hand, even if I’m being nonpartisan, I just don’t see how the economy could go anywhere but down based on the decisions being made.
 
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🎁 —> https://www.wsj.com/economy/consume...0?st=En1ezY&reflink=desktopwebshare_permalink

“… The data also show how average households haven’t gained ground economically since the Covid-19 pandemic hit, underscoring the continued toll of rising prices. Inflation-adjusted median household income last year was at roughly the same level as in 2019, before the pandemic struck, following sharp declines after Covid’s onset and a tepid recovery since then….

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… Tuesday’s report also showed poverty levels in the U.S. were little changed….

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