VDARE.COM’s D.A. King recently argued that there could be as many as 20 million illegal aliens in the U.S., rather than the 8-12 million estimated by the federal government.

Now Bear Stearns financial analyst Robert Justich estimates in a forthcoming paper, “The Underground Labor Force Is Rising to The Surface,” that, based on remittance and construction data, the illegal population could be…18-20 million! (“Going Undergound: The Shadow Economy is about to top $1 trillion – at a great cost to many,” by Jim McTague, Barron’s, December 31, 2004.)

Justich also supports Ed Rubenstein’s contention that illegal immigrants working off the books are responsible for a massive undercount in recent job growth.

The jobs just aren’t going to Americans.