All of the Democrat candidates for president when on and on about how we need to provide free college tuition for all, but what good is that going to do if there are no jobs after graduation?
For young college graduates, the unemployment rate is currently 7.2 percent (compared with 5.5 percent in 2007), and the underemployment rate is 14.9 percent (compared with 9.6 percent in 2007). How’s that hope and change working out?
And now we find out our own government is working against our own citizens! (In the Obama administration? What a SHOCK).
Get this… “The Department of Homeland Security (DHS) is expanding a program that awards businesses bonuses when they hire alien college graduates over native-born graduates, according to an analysis by the Center for Immigration Studies.”
The Washington Free Beacon reports, “The optional practical training program (OPT) awards alien college graduates a work permit to stay in the United States for 12 months. If these graduates have majored in science, technology, engineering, or math, also known as STEM fields, the graduates get an additional 17 months of work. This means alien college graduates who graduated in STEM fields would be able to stay in the United States for a total of 29 months. The new changes DHS is proposing as part of President Obama’s executive action on immigration last November extends the program further to allow these students to stay in the United States for an additional 24 months instead of 17. This extension would allow these students to stay in the United States for a total of 36 months.”David North of the Center for Immigration Studies says, “This just means that still more resident workers will be denied jobs in favor of the OPT grads, because employers do not have to pay Social Security and Medicare taxes on students. This definitional twist will now be worth as much as $12,000 for the employer who chooses the OPT grad rather than somebody else.”
But there’s another problem with this scheme as well. If fewer people are paying Social Security and Medicare taxes, it just means those programs will dry up even faster.
“No one seems to notice that this will rob the elderly by taking money out of the Social Security and Medicare trust funds,” North said.
Well this is just a dandy piece of policy, isn’t it? Screw over our own U.S. college graduates AND their parents at the same time! Who ever said the government couldn’t be efficient?
[Note: This article was written by the highly efficient Michele Hickford]