Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Mass Immigration: Trend Rate and Incomes

mass immigration: Both events can be explained by the mass immigration of cheap labor, according to Rabble. The combination of these events presents an immediate threat to democracy. if page width onload 479 document.write ' ' ; ; The inflation-adjusted wages of low-skilled workers would now be double current levels, if they had kept up with the historic trend which is driven by the advance of technology and knowledge . But the incomes of the rich have gone up at about double the historic trend rate, as shown in Figure 1. The incomes of the rich, however, accelerated upward. Clickherefor my sources and notes. The ratio of the top 1% of incomes to unskilled income has quadrupled since 1972, to a level far exceeding the previous peak in 1928. Similar things happened from 1820 to 1910. ( As reported in the news.