Now an astounding 94 years old and still as lucid as ever, in a wide-ranging interview with Fortune magazine management guru Peter Drucker says our current blend of immigrants are only qualified for the jobs of yesterday's economy.
What do you make of the recent so-called recession?
What we have been going through these past three years is most definitely not a recession. It's a transition a transition with a lot of incongruities. Let me tell you a simple incongruity. We are going to have both fewer young people because of our own birth rate, and yet more young people because of immigration. For educated American young people there is no recession. But the immigrants have a mismatch of skills: They are qualified for yesterday's jobs, which are the kinds of jobs that are going away.
This also is especially hard on uneducated urban American blacks. Their great ladder of opportunity since World War II is going away.
Bringing in a lower class to compete with our existing lower class is a bad idea. It drives down the wages of our least skilled citizens and makes their lives much harder. It puts burdens on taxpayers to pay for services for the immigants. Mexican immigrants on average have an 8th grade education. Low skill jobs are being sent abroad or automated out of existence. The wages of lower education people have been declining for decades. That's the market's way of saying that demand for low skilled workers is declining. Low skilled immigration generates more costs than benefits. It should be brought to an end.
|Share |||By Randall Parker at 2004 January 05 11:22 PM Immigration Dumbing Down|