Friday, April 24, 2015

Congress: Middle class incomes drop as immigration surges

Congress: Middle class incomes drop as immigration surges


Wages of America's middle class have dropped below 1970s levels as immigration has surged 325 percent, according to a new congressional report that questions claims that native Americans are economically helped by greater immigration.
The nonpartisan Congressional Research Service report studied immigration and middle class income from 1945-2013 and found that as immigration slowed between 1945 and 1970, American incomes increased.
But when immigration expanded, the incomes of the bottom 90 percent of Americans went flat and then dropped beginning in 2000.
In the report to the Senate Judiciary Committee, the CRS reported that the foreign-born population of the United States surged 324.5 percent, from 9,740,000 to 41,348,066, from 1970 to 2013.
Congressional Research Service
And as that happened, incomes of the bottom 90 percent dropped 7.9 percent in 2013 dollars, from an average of $33,621 to $30,980.

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