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Thread: US Economy continues to slump

  1. #196
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    Default Re: US Economy continues to slump

    In honor of America's 242nd birthday...............



    Consider:

    • "The U.S. had more job openings this spring than unemployed Americans." (Wall Street Journal)
    • We travel freely: Every day, 2.5 million of us board 42,000 flights.
    • 25% of us do volunteer service.
    • The U.S. government spends close to $50 billion (1% of total federal budget authority) helping the world, plus billions more from U.S.-based philanthropies.
    • Americans are part of just 39% of the world population judged by Freedom House to be "free."
    • "Violent crime in the U.S. has fallen sharply over the past quarter century." (Pew Research Center)
    • "Crime in New York City Plunges to a Level Not Seen Since the 1950s." (N.Y. Times)
    • "Powered by a booming stock market and a strong economy," charitable giving in the U.S. last year "exceeded $400 billion in a single year for the first time." (Giving USA)
    As a general rule the most successful man in life is the man who has the best information.

  2. #197
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    Default Re: US Economy continues to slump

    More people entering the labor force (school/college graduates) pushed the unemployment rate up from 3.8 to 4.0%



    Economy adds 213K jobs in June, unemployment ticks up to 4 percent
    The U.S. economy added a solid 213,000 jobs in June, a stronger number than expected and a sign of the labor market's steady strength even as concerns grow about the potentially negative effects of President Trump's trade policy.

    The unemployment rate ticked up slightly to 4 percent from 3.8 percent, the Labor Department reported on Friday.
    Read the full story here
    As a general rule the most successful man in life is the man who has the best information.

  3. #198
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    Default Re: US Economy continues to slump

    These people apparently haven't seen the title of this thread, and they are in addition to the approximately 1M every year who receive a green card by other means.
    Look at where the most applications are coming from these days.


    Applications for U.S. diversity visa lottery remained near record in 2017

    In 2017, more than 22.4 million people around the world applied to a U.S. visa program that provides 50,000 green cards each year through a lottery system. The number nearly matched the record 23 million people who applied in 2016 to the program, the only one of its kind globally.
    As a general rule the most successful man in life is the man who has the best information.

  4. #199
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    Default Re: US Economy continues to slump

    U.S. back to being a nation of immigrants
    Data: IPUMS-USA, University of Minnesota; Chart: Harry Stevens/Axios
    The share of the U.S. population made up by immigrants has returned to levels at the turn of the 20th century — although the makeup of today's immigrant population is very different, Axios demographics expert Stef Kight reports:

    • Why it matters: As we saw a century ago, and are witnessing again now, immigration brings needed labor and economic benefits, but is often met with backlash from those who fear the America they know is slipping away.

    Where immigrants have come from:

    • For most of the 19th and 20th centuries, the vast majority of immigrants came from Western and Northern Europe. The Irish fled famine, the Germans fled political instability, and Italians primarily wanted better economic opportunity.
    • In 1986, the U.S. gave legal status to almost 3 million undocumented immigrants — an overwhelming majority of them from Mexico. These new green card holders could then sponsor additional family members.
    • New laws also opened the door to immigration from Asia— initially from India and Taiwan, and later China.
    • Most recently, there's been a wave of immigration from African countries that began in the 1990s and 2000s for a wide variety of economic, political and humanitarian reasons.

    The big picture: Nationalist phobias prompted the original immigrant quotas in the U.S., according to Guillermo Cantor, research director at the American Immigration Council. There were fears that the number of Chinese coming to the U.S. for work would change the culture, or that German would become the dominant language in Pennsylvania.

    As a general rule the most successful man in life is the man who has the best information.

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