President Joe Biden's continued wave of migrants is helping American employers cut wages, and the New York Times reported it like it's an awesome thing.
An article in the Times celebrates lower wages for employers like it is a victory for the United States.
The article was headlined "Immigration Rebound Eases Shortage of Workers, Up to a Point."
The NYT article ignored the legality, popularity, and morality of Biden's border policy, but said that Biden’s massive migrant inflow produces economic benefits.
The article stated that the migrant wave is:
Welcome news for the Federal Reserve, which has been concerned that a persistent shortage of workers could send wages higher and lead inflation to become entrenched.
Friday’s employment report for January, showing a blockbuster gain of 517,000 jobs, confirms that the economy continues to demand more labor. Moderating wage growth, however, suggests that enough workers are arriving to keep costs in check.
When the unemployment rate goes down, you would normally expect wage inflation to go up, but that’s not what’s happening,” said Torsten Slok, chief economist at Apollo Global Management.
The Times also quoted United States employers who said they are not getting enough replacement workers brought to them by the government.
"For example, Al Flores, the general counsel at a group of Tex-Mex restaurants — likely the Gringo’s chain — oversees a workforce of roughly 2,500 people, including about 500 migrants protected by the Temporary Protected Status or the illegal DACA programs," reports Breitbart.
Under Biden's presidency, "it’s gotten a little bit better … because we need the labor," Flores told the New York Times' reporter.
While American employers do need workers, the answer is not open borders and continued record numbers of migrants every single day.