Categories: Economy

The Great Replacement “Theory” * Comes to Economics at Heritage


Heritage Foundation’s    EJ Antoni writes on X (August 2):

Over the last year, native-born Americans have LOST 1.2 million jobs while foreign-born employment has increased 1.3 million; we’re just swapping out American workers at this point, not growing the pie for everyone…

 

He provides this graph:

Source: EJ Antoni/Twitter.

I think Dr. Antoni is using July to July changes.

I would not fault someone for using official series from the US government; however, I would fault someone for citing calculations without context, including well-known caveats about what we know now about concerns regarding the population controls currently used by BLS. For a person who is skeptical about the relevance of US government statistics (see here), this omission is somewhat surprising.

As Dr. Wendy Edelberg at Hamilton Project/Brookings has been documenting in various documents, the BLS population controls used might be missing a chunk of the population changes; the CBO has also some information in this respect (which I have used in my adjustment to civilian employment). She and Dr. Tara Watson provide this graph of changes (January to January, but you get the idea).

Source: Edelberg and Watson (2024).

While the cumulative change in foreign born employment is greater than that for native born, it’s still the case that cumulative native born employment is positive, contra Dr. Antoni.

* Wikipedia entry.

 

 

 



Source link

Washington Digital News

Share
Published by
Washington Digital News

Recent Posts

The 6 best Mint alternatives to replace the budgeting app that shut down

It's been over one year since Intuit shut down the popular budgeting app Mint. I…

53 mins ago

Here’s where to find top investment newsletters’ favorite undervalued stocks

The consumer sector doesn’t deserve to be so deeply out of favor. Source link

2 hours ago

WSJ Survey of Economists – April 2025

The GDP outlook is down markedly. I was insufficiently pessimistic (relative to WSJ survey respondents)…

2 hours ago

President Trump Executive Director Says U.S. Could Use Tariff Revenue To Build Strategic Bitcoin Reserve

Bitcoin advocate and investor Anthony Pompliano sat down with Bo Hines, Executive Director of President…

2 hours ago

Crisis on the menu: How cut-price deals and fast food are reshaping France’s sacred lunch ideals

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance…

2 hours ago

‘I haven’t seen sunlight in 3 months’: American law firm trainees in London endure 13-hour days for eye-watering six-figure starting salaries

A survey of trainees and junior lawyers at American law firms’ offices in London shows…

2 hours ago