Hey folks!
I talk to
individuals and businessmen from California to
New York and from Washington
to Florida,
and most places in between, every week. And I am
continually asking, “Hey, how are things where you are?”
The
answer has been uniformly so consistent that I know we are taking the real
pulse of this once great nation.The answer is
always, “Awful, and getting worse by the day!”
Now
herein, follows one of the reasons that all the Americans I know are really
suffering. And I do mean suffering, and
this is true most especially for all those over 45 years of age! Because there is now real ‘Age
Discrimination’ practiced in this country and it is very subliminally expressed
and practiced!
The
net is: IF you are over 45 years old, your chances of landing a job in this
country are really abysmally low!
And
now we can add another element to that equation, i.e. IF you are over 45 years old and a ‘Native Son
or Daughter’ in this once great nation, then your chances of landing a job in
this country are really, really, really abysmally low!!
Now
stay tuned to these Blogs, because I am in the process of reporting why the US
CD’s GDP is a total sham.
In fact, I would bet,
with very good reasons, that the real GDP in this country is right now -4 to
-7% to even -13% and dropping by the quarter!
Stay
tuned!!
Oh! And don't forget, the PTB (Powers That Be) and the Banksters are still going to run all equity markets to the ever-loving moon and the Dow Jones to at least 18,500 in Winter 2014 to Spring/Fall 2015 before all the markets are hit by the absolute 'Mother of all Stock Market Crashes,' in which all the 'Sheeple' are wiped out, yet again, after having been sucked into the coming 'Equity Madness' (EM) of 2013 to 2015 - just as they were all sucked into the 'RE Madness' of 2002 to 2006!
(These original projections of ours were extended over five times: we were forced to do so by the continual extension of the FED's ZIRP - by the Panicked Banking Authorities. Therefore, we were forced to extend the projected timing of the ultimate Mother of All Crashes out to roughly the summer 2016!)
You and your company really need to be ready and nimble and smart, to make it through the next three to five years and the best means by which to effect you and your company's survivability is to subscribe to our Market Review and Quarterly Updates!
Oh! And don't forget, the PTB (Powers That Be) and the Banksters are still going to run all equity markets to the ever-loving moon and the Dow Jones to at least 18,500 in Winter 2014 to Spring/Fall 2015 before all the markets are hit by the absolute 'Mother of all Stock Market Crashes,' in which all the 'Sheeple' are wiped out, yet again, after having been sucked into the coming 'Equity Madness' (EM) of 2013 to 2015 - just as they were all sucked into the 'RE Madness' of 2002 to 2006!
(These original projections of ours were extended over five times: we were forced to do so by the continual extension of the FED's ZIRP - by the Panicked Banking Authorities. Therefore, we were forced to extend the projected timing of the ultimate Mother of All Crashes out to roughly the summer 2016!)
You and your company really need to be ready and nimble and smart, to make it through the next three to five years and the best means by which to effect you and your company's survivability is to subscribe to our Market Review and Quarterly Updates!
Two-thirds of jobs go to immigrants during Obama’s four years
Researchers say legals and illegals are more mobile than natives in America
The Washington Times; Wednesday, October
31, 2012
"Two-thirds of those who have found employment under President Obama are
immigrants, both legal and illegal, according to an analysis that suggests
immigration has soaked up a large portion of what little job growth there has
been over the past three years....“It’s extraordinary that most of the employment growth in the last four years has gone to the foreign-born, but what’s even more extraordinary is the issue has not even come up during a presidential election... numbers are stark: Since the first quarter of 2009, the number of immigrants of working age (16 to 65) who are employed has risen 2 million, from 21.2 million to 23.2 million. During the same time, native-born employment has risen just 1 million, to reach 119.9 million.
In 2000, 76 percent of natives aged 18 to 65 were employed, but that dropped steadily to 69 percent this September. By contrast, immigrants started the last decade at 71 percent employment and rose to a peak of 74 percent at the height of the George W. Bush-era economic boom. They since have slid down to 69 percent amid the sluggish economy.
Competitive advantage
The Center for Immigration Studies, which wants the government to impose stricter limits on immigration, based its numbers on the Census Bureau’s Current Population Survey.
Alex Nowrasteh, a policy analyst at the Cato Institute, which favors letting the markets rather than the government control the flow of immigration, said Mr. Camarota’s numbers are “making a mountain out of a molehill.”
He said delving into specific numbers explains why immigrants have done better over the past four years: They generally gravitate toward parts of the economy that have picked up faster in the nascent recovery.
“Most of the areas of the U.S. economy that are hiring right now, like agriculture and high-tech industries, are those where immigrants have always been overly represented,” Mr. Nowrasteh said.
He also said immigrants are quicker to jump into the rebounding job market while native-born Americans, who under federal law have more welfare options and access to unemployment benefits, are slower to find work.
Mr. Nowrasteh and Mr. Camarota said another factor could be immigrants’ mobility.
Natives have roots wherever they live, and it may take higher wages to get them to move for jobs, even if their homes are in depressed areas. Immigrants already have uprooted themselves and can more easily pick places where jobs are available.
Indeed, Mr. Camarota’s numbers show that most of the immigrant employment growth went to new arrivals, not to foreign-born residents already in the United States — a figure that suggests immigrants already settled here were having some of the same difficulties as the native-born.
There is some bright news: an uptick over the past year among native-born Americans accounting for two-thirds of all new employment growth.
Full overhaul
Net immigration — both legal and illegal — averaged more than 1.1 million in the 1990s and slightly less than 900,000 in the past decade.
Mr. Camarota said it didn’t slow much despite the economic downturn.
“We have a situation where the job market — the bottom fell out, yet we kept legal immigration relatively high without even a national debate,” he said. “As a consequence, a lot of the job growth has been going to immigrants.”..."
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