In a stunning revelation, Federal Reserve Chairman Jerome Powell admitted that the Biden-Harris administration’s open border policies are directly responsible for rising unemployment in America.
Powell stated, “With millions of people entering the labor force, job creation can’t keep up, leading to higher unemployment rates.”
The massive influx of illegal immigrants has flooded the labor market, creating an imbalance that’s pushing American workers out of jobs.
When millions enter the workforce and only 100,000 jobs are created, unemployment increases—simple math.
The Fed Chair pointed out that this influx is one of the major reasons the unemployment rate has risen, confirming what many Americans already knew: Biden and Harris’s refusal to secure the border is hurting our economy.
These policies aren’t just creating competition for jobs; they’re driving down wages for Americans, especially for low-income workers.
While the administration talks about economic recovery, they’re allowing millions of illegal immigrants to compete for those same jobs, leaving American citizens behind.
But it’s not just about jobs.
The economic consequences of an open border ripple far beyond employment.
The strain on social services, healthcare, and infrastructure is increasing, forcing American taxpayers to foot the bill while the administration continues to ignore the border crisis.
The Biden-Harris administration’s approach is unsustainable. We are watching the destruction of the American workforce, all in the name of open borders.
As the Fed Chair confirms, it’s time to hold this administration accountable for the harm they’re inflicting on the American economy.