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Comments on Edward.Hugh.Blog: Immigration, Ageing Populations and Economic Growth





Updated: 2009-12-19T23:26:59.783-08:00

 



Thank you for your interesting post!I thought perh...

2007-04-19T09:11:00.000-07:00

Thank you for your interesting post!
I thought perhaps you may also find this related publication interesting to you:

Aging of Population

http://longevity-science.org/Population_Aging.htm



We seriously need to focus on helping the hispanic...

2007-02-10T14:05:00.000-08:00

We seriously need to focus on helping the hispanics we already have before we import millions more. They NEED help. But money to help the less fortunate is finite (progressive policies do not change that fundamental finiteness). We can choose to have a big hispanic population that we have at least half a chance in hell of uplifting, or a gigantic hispanic population with far less of a chance of ever getting out of the underclass:

“Longest, Largest” study of the children of immigrants yet conducted, by Alejandro Portes of Princeton and Ruben Rumbaut of UC Irvine:

http://today.uci.edu/news/release_detail.asp?key=1529

excerpts:
“Differences in arrest and incarceration rates are also noteworthy, particularly among second-generation, U.S.-born, males. While only 10 percent of second-generation immigrant males in the survey had been incarcerated, that figure jumped to 20 percent among West Indian and Mexican American youths.”

“The researchers found that children of Laotian and Cambodian Americans as well as Haitian Americans had the lowest median annual household income at just over $25,000. They were followed closely by Mexican American families, which had a median annual household income of about $30,000. On the other end of the spectrum, children of upper-middle-class Cuban exiles in Southern Florida reported a household income of more than $70,000, and Filipino Americans in Southern California had more than $64,000, followed by Chinese immigrants.”

Also, see this:
“Coming US Challenge: A Less Literate Workforce”
http://www.csmonitor.com/2007/0206/p02s01-legn.htm

excerpts:
"The three factors identified are: a shifting labor market increasingly rewarding education and skills, a changing demographic that include a rapid-growing Hispanic population, and a yawning achievement gap, particularly along racial and socioeconomic lines, when it comes to reading and math.

The individual trends have been identified before, but this study makes an effort to examine their combined effects, and to project a disturbing future, including a sharply declining middle class in addition to the lost ground in literacy.

"We have the possibility of transforming the American dream into the American tragedy," says Irwin Kirsch, a senior research director at ETS and the lead author of the study."



Hi Edward, You commented that I doubt the US housi...

2006-12-29T11:59:00.000-08:00

Hi Edward,
You commented that I doubt the US housing boom as a bubble. In fact, I consider that as a big bubble, while I feel there is a general housing bubble worldwide due to a widespread euphoria of having a roof above one's head.

Comment on this article: http://balajiviswanathan.blogspot.com/2006/12/worldwide-real-estate-bubbles-dumb.html