Our two previous posts have dealt with simple definitions and explanations concerning economic theory in particular, the demand side of what we have always been told that the study of economics is about supply versus demand. And to all of those out there who have studied or majored in economics will readily admit that there is so much more than this block one of open market based economic theory in a capitalistic society. Then again it is so important to source properly so here is my attempt. Almost all economic theory came from a great source: A CAPITALIST MANIFESTO; Understanding the Market Economy and Defending Liberty, by Gary Wolfram who is a scholar, academia, and works at Hillsdale College and president of the Hillsdale Policy Group.
All of the other information with respect to the special interest groups, Department of Justice (DOJ), United States Immigration and Customs Enforcement Service (USICES), Alcohol, Firearms, Tobacco, Explosive Devices (ATF), Immigration and Nationality Act (s) (INS) and the general overall status of affairs regarding immigration and control of America’s borders is my personal expertise. As such source documentation is in my possession with assistance from NumbersUSA.
It should be noted that every single individual has a process in economic theory. Of course insofar as when it comes to satisfaction the number one overall want or need is controlled by an individual’s preferences. For all it is worth some people prefer the quality of Ralph Lauren’s Polo Shirts versus Stafford or other brands.
This factor of demand should be of no surprise to anyone. The number two most often used is determined by an individual’s income. It is not that difficult to equate the relationship between preference and money or money and preference.
Knowing that 12 million illegal immigrants have come to the U.S.A. based on information already established or better yet, “to make a better life for myself and my family” or “to gain more money to send home or back to Mexico” solidifies both preference and income.
Anytime that a marginal benefit supersedes the marginal cost then it has been observed that rational individuals will continue [buying] any activity as long as this formula exists. Marginal benefit and marginal costs are nothing more than when the next to the last or the last unit is at the margin.
Let us move onto how such a basic theory of supply and demand is so easily considered as a small factor by our government and most often is overlooked or simply passed over for anything; albeit, one’s golf game, world vacations with exotic destinations, or perhaps just about anything will do including being involved in some way with the process of illegal immigration.
As for us at The Contemplative Thinker we find the largest culprits would be the main-stream media for not covering or even reporting the real circumstances. As for the nation’s leadership – Congress (both houses) the entire U.S. judiciary proceedings, and above all the President of the United States (POTUS) because he is the leader of the agencies that deal with the problem.
Have you ever thought of somewhere between 12 and 30 million people? The easiest estimate for me was to look up the ten largest by population cities in the United States. There are more illegal immigrants living here than the combined total of the ten largest cities.
Considering the government agencies who are collectively responsible for keeping this number at its bare minimum we wonder who within that array of overpaid elected politicians have and continue to fail We the people…year by year by year. So I just want to leave you with this proof…
Audit Shows Obama Administration Going Easy on Businesses that Hire Illegal Workers
Pres. Obama has made cracking down on employers who hire illegal workers a focal point of his immigration reform plan, but a new audit shows that the administration is anything but tough on unscrupulous employers. According to the audit by the Department of Homeland Security’s inspector general, administration officials have cut fines by an average of 40%.
According to the audit, one business had it’s fine of $4.9 million reduced to just over $1 million – a 78% reduction.
“The knowledge that fines can be significantly reduced may diminish the effectiveness of fines as a deterrent to hiring unauthorized workers,” the inspector general said.
The inspector general’s report found that ICE sent notices for fines totaling more than $52.7 million from 2009 to 2012, but only charged $31.2 million.