http://www.profitableinvestingtips.com/profitable-investing-tips/economic-effects-of-immigration-reform
Economic Effects of Immigration Reform
There is a lot of controversy regarding President Obama’s executive order for immigration reform. The short version is that he bypassed a do nothing congress and put a hold on deportation for nearly 5 million people who came to and remain in the USA illegally. Our concern at this point is not if the parents of children born in the USA should not be deported. Our concern is the economic effects of immigration reform. Forbes sees Obama’s immigration plan as a wild card for the U.S. economy.
The impact of the President’s actions, given this large group of potential beneficiaries, could very well ripple across the U.S. economy, but it’s too early to say exactly how. As the Congressional Budget Office noted when it analyzed the economic implications of last summer’s stalled immigration bill, “ascertaining the effects of immigration policies on the economy and the federal budget is complicated and highly uncertain.”
The first unknown factor is just how many people will sign up for this plan. Then we do not know how many will apply for and find different jobs. The usual assumption is that illegal aliens work for cheap because they do not have papers that allow them to apply for most jobs in the American economy. The fear of some US citizens is that a flood of illegals will enter the legitimate job market and displace workers who are United States citizens. And how many who do find better jobs will make enough money to pay significant taxes. All of these factors and more left the folks at the Congressional Budget Office scratching their heads.
Where Immigration Reform Will Help
Not everyone is confused and scratching their head about immigration reform. In Houston they think that the economic effects of immigration reform will be positive. The Houston Business Journal says immigration reform will be a big boost to Houston’s labor force.
There are few more politically polarizing issues of late than immigration reform, but for many in Houston, President Barack Obama’s recent executive order on immigration is about business.
“For legal contractors it’s going to be a tremendous boom because now we have access to labor that we haven’t been able to hire,” said Stan Marek, CEO of Houston-based Marek Brothers Company Inc. and longtime proponent of immigration reform.
Many Houston businesses have traditionally risked sanctions by hiring undocumented workers. Have a large pool of previously illegal aliens will be a plus. The Journal estimates that easily more than a million people will take advantage of this executive order and be available for jobs across the board. As an example a recent study indicated that as of today half of Houston’s construction workers are undocumented. These folks will likely stay on the job, perhaps get better wages and pay taxes.
This document summarizes key effects of immigration, including:
1) Changes to the economy through taxes paid to the government and increasing job competition.
2) Destruction of peace and security through increased crime rates and tensions between nations.
3) Health problems such as depression among immigrants and infectious diseases spreading to local people.
It concludes by suggesting increased security control and tighter visa requirements.
This document discusses the advantages and disadvantages of immigration from multiple perspectives. It notes that while immigration can provide economic opportunities, it also involves leaving one's home and adapting to a new culture. The responsibilities of immigrants include respecting their new country by obeying laws and getting to know local people and culture. Immigration affects both immigrants and existing communities by increasing cultural diversity and opportunity.
Undocumented youth in America face many challenges. As of 2012, there were 1.1 million undocumented immigrant minors in the US. Many were brought to America by their parents without realizing their illegal status. Social workers can help these youth by educating them about options to gain legal status like the DREAM Act or student visas. They also accompany minors to legal proceedings since the government does not provide lawyers. Social workers aim to find pathways to citizenship for youth who know America as their home.
The document discusses various types and causes of human migration. It defines migration as the permanent movement of people across national or international borders. It then describes different types of migration like internal, international, chain, and relay migration. Forced migration types include refugees, internally displaced persons, and asylum seekers. Voluntary migration involves emigrants and immigrants. The document also examines push-pull factors, migration patterns and data, and the theories of migration proposed by scholars like Ravenstein, Lee, Todaro, and Stark.
Investment advisors use the word outperform to describe how Bitcoin and altcoins Solana and Cardano have been doing. This is a way of saying that an investment is doing well while withholding judgment as to why, how, or any future performance. It does give any in terms of when to buy and when to sell Bitcoin.
https://youtu.be/OLMY91gzTHc
The rewards of using investment leverage can be impressive. However, the dangers of investment leverage are such that one needs to proceed with caution.
https://youtu.be/1c43BKp4PPY
Are Private Digital Tokens On Their Way Out?InvestingTips
In the aftermath of crypto winter regulators are busy cleaning up after crypto excesses and outright fraud. Bitcoin took a big hit and has now recovered to more than half of its 2021 peak. Nevertheless, there are now predictions that private digital tokens are on their way out.
https://youtu.be/78smq3UVjLo
Here is where options traders will remind you that by trading options you can make money as the market falls and not just when it is going up. So, when should investors trade options?
https://youtu.be/xgoOVxDLdLc
This document summarizes key effects of immigration, including:
1) Changes to the economy through taxes paid to the government and increasing job competition.
2) Destruction of peace and security through increased crime rates and tensions between nations.
3) Health problems such as depression among immigrants and infectious diseases spreading to local people.
It concludes by suggesting increased security control and tighter visa requirements.
This document discusses the advantages and disadvantages of immigration from multiple perspectives. It notes that while immigration can provide economic opportunities, it also involves leaving one's home and adapting to a new culture. The responsibilities of immigrants include respecting their new country by obeying laws and getting to know local people and culture. Immigration affects both immigrants and existing communities by increasing cultural diversity and opportunity.
Undocumented youth in America face many challenges. As of 2012, there were 1.1 million undocumented immigrant minors in the US. Many were brought to America by their parents without realizing their illegal status. Social workers can help these youth by educating them about options to gain legal status like the DREAM Act or student visas. They also accompany minors to legal proceedings since the government does not provide lawyers. Social workers aim to find pathways to citizenship for youth who know America as their home.
The document discusses various types and causes of human migration. It defines migration as the permanent movement of people across national or international borders. It then describes different types of migration like internal, international, chain, and relay migration. Forced migration types include refugees, internally displaced persons, and asylum seekers. Voluntary migration involves emigrants and immigrants. The document also examines push-pull factors, migration patterns and data, and the theories of migration proposed by scholars like Ravenstein, Lee, Todaro, and Stark.
Investment advisors use the word outperform to describe how Bitcoin and altcoins Solana and Cardano have been doing. This is a way of saying that an investment is doing well while withholding judgment as to why, how, or any future performance. It does give any in terms of when to buy and when to sell Bitcoin.
https://youtu.be/OLMY91gzTHc
The rewards of using investment leverage can be impressive. However, the dangers of investment leverage are such that one needs to proceed with caution.
https://youtu.be/1c43BKp4PPY
Are Private Digital Tokens On Their Way Out?InvestingTips
In the aftermath of crypto winter regulators are busy cleaning up after crypto excesses and outright fraud. Bitcoin took a big hit and has now recovered to more than half of its 2021 peak. Nevertheless, there are now predictions that private digital tokens are on their way out.
https://youtu.be/78smq3UVjLo
Here is where options traders will remind you that by trading options you can make money as the market falls and not just when it is going up. So, when should investors trade options?
https://youtu.be/xgoOVxDLdLc
Will Northrup Grumman Go Into Commercial Aviation?InvestingTips
In this regard a new company with a fresh idea with backing by defense contractor Grumman is worth one’s attention. The bottom line is this. Will Northrop Grumman go into commercial aviation?
https://youtu.be/j80l5fyWlo0
An idea that has attracted attention is the use of privacy pools. What are privacy pools and how would a privacy pool work? Can these balance privacy and regulation to a degree that everyone is happy?
https://youtu.be/_4DLSVLat7g
How CFTC Rules Protected a Crypto BusinessInvestingTips
The collapse of FTX was a devasting blow to the crypto world. Billions of dollars in crypto assets were lost. LedgerX, a still-solvent subsidiary of FTX went up for sale at the end of 2022 and is still operating. This is about how CFTC rules protected a crypto business from the parent company’s light-fingered owner.
https://youtu.be/MgnooZ_Cp_4
Blockchain Tech in the Wake of Crypto WinterInvestingTips
Something good happened due to the huge losses that many incurred. Folks who were only interested in a quick buck have largely gone away. Those who remain are more likely to be interested in blockchain tech in the wake of crypto winter.
https://youtu.be/WzpBS8gKkyI
Investors are generally happy that the worst fears of runaway inflation versus a severe recession were not realized in 2023. Nevertheless, there are still economic and investment risks for 2024 to be considered.
https://youtu.be/wBzD8WW16P8
Bitcoin Viability As a Long Term InvestmentInvestingTips
Bitcoin has gone back up in value and is being promoted again by investment managers. Is there Bitcoin viability as a long term investment?.
https://youtu.be/jf1xp9Cveh4
What are the investment possibilities of Bitcoin versus NFTs today? When looking at these two investment possibilities, one has a fixed maximum that will ever be produced. The other suffers from production of more than the market is interested in.
https://youtu.be/tsRWaaaMcr4
Banks are looking at the downside of a digital dollar. Would a digital dollar hurt banks? Such an entity could end up sucking out bank deposits and putting a lot of banks out of business.
https://youtu.be/XyGteJzhngo
Cryptocurrency prices are volatile in the short-term due to market sentiment, but follow longer-term trends driven by fundamentals and macroeconomic factors like interest rates and inflation. While crypto prices fell during the recent period of US Federal Reserve interest rate hikes, with rate increases pausing, crypto and stock prices may rise over the next few years. Approval of spot Bitcoin ETFs could also stimulate greater Bitcoin trading volume and prices. However, the regulatory outlook remains uncertain and new rules may increase stability but also compliance costs. Overall, the document predicts 2024 will be a good year for cryptocurrencies.
What are the obligations of a crypto business? How are some crypto businesses now paying a price for forgetting this part of doing business?
https://youtu.be/8PAEU0g5pdE
One reason that governments want to regulate cryptocurrencies is their use by terrorists to finance their operations. Does crypto finance terrorism and, if so, how does that work?
https://youtu.be/AeWLcHK_rx4
What happens when someone reneges on a crypto blockchain business deal? How can such problems be resolved or mediated? What rules could or should apply when problems arise? A question at the bottom of this issue is this. Are smart contracts legal?
https://youtu.be/q8tsUwaHsdo
Part of what we are seeing today is the dealing with specific crypto-related crimes. Part is sorting out who makes the rules that crypto needs to follow. We wonder this. Can the law fix crypto’s problems?
https://youtu.be/VjGIk5aYFac
A lukewarm future is about the best that many see for crypto. We are reminded of Apple when it was so desperate that it accepted a $150 million bailout from Bill Gates and archrival Microsoft. Today we see Apple as the model for crypto’s future.
https://youtu.be/ZIQXs0j7jlE
Are Crypto Infrastructure Investments Safe Bets?InvestingTips
While individual crypto investments may be risky these days, investments in the infrastructure of crypto may not be. What comes mind are DeFi businesses and crypto exchanges like Coinbase. So, are crypto infrastructure investments good bets?
https://youtu.be/_RBU-arNaK8
As the crypto system has matured a centralization issue has developed. Who gets to vote in crypto, set the rules and have control of digital money?
https://youtu.be/X8g6wylyJZA
Binance is exiting Russia by selling its Russian operations to a newly created crypto exchange called CommEX. This is likely due to regulatory issues, as Binance does not want to be seen helping Russian oligarchs evade sanctions during the Ukraine war. While crypto payments are illegal in Russia, Russians can still use crypto to transfer funds out of the country. By exiting Russia completely, Binance hopes to cut ties to potentially troublesome Russian clients, but it remains to be seen if this will help resolve its other regulatory issues in the US and elsewhere.
Volume indicators for trading Bitcoin include the following: on balance volume, the accumulation/distribution line, money flow index, Chaikin oscillator, Chaikin money flow, and ease of movement.
https://youtu.be/EvyQtAMIDU8
Will Northrup Grumman Go Into Commercial Aviation?InvestingTips
In this regard a new company with a fresh idea with backing by defense contractor Grumman is worth one’s attention. The bottom line is this. Will Northrop Grumman go into commercial aviation?
https://youtu.be/j80l5fyWlo0
An idea that has attracted attention is the use of privacy pools. What are privacy pools and how would a privacy pool work? Can these balance privacy and regulation to a degree that everyone is happy?
https://youtu.be/_4DLSVLat7g
How CFTC Rules Protected a Crypto BusinessInvestingTips
The collapse of FTX was a devasting blow to the crypto world. Billions of dollars in crypto assets were lost. LedgerX, a still-solvent subsidiary of FTX went up for sale at the end of 2022 and is still operating. This is about how CFTC rules protected a crypto business from the parent company’s light-fingered owner.
https://youtu.be/MgnooZ_Cp_4
Blockchain Tech in the Wake of Crypto WinterInvestingTips
Something good happened due to the huge losses that many incurred. Folks who were only interested in a quick buck have largely gone away. Those who remain are more likely to be interested in blockchain tech in the wake of crypto winter.
https://youtu.be/WzpBS8gKkyI
Investors are generally happy that the worst fears of runaway inflation versus a severe recession were not realized in 2023. Nevertheless, there are still economic and investment risks for 2024 to be considered.
https://youtu.be/wBzD8WW16P8
Bitcoin Viability As a Long Term InvestmentInvestingTips
Bitcoin has gone back up in value and is being promoted again by investment managers. Is there Bitcoin viability as a long term investment?.
https://youtu.be/jf1xp9Cveh4
What are the investment possibilities of Bitcoin versus NFTs today? When looking at these two investment possibilities, one has a fixed maximum that will ever be produced. The other suffers from production of more than the market is interested in.
https://youtu.be/tsRWaaaMcr4
Banks are looking at the downside of a digital dollar. Would a digital dollar hurt banks? Such an entity could end up sucking out bank deposits and putting a lot of banks out of business.
https://youtu.be/XyGteJzhngo
Cryptocurrency prices are volatile in the short-term due to market sentiment, but follow longer-term trends driven by fundamentals and macroeconomic factors like interest rates and inflation. While crypto prices fell during the recent period of US Federal Reserve interest rate hikes, with rate increases pausing, crypto and stock prices may rise over the next few years. Approval of spot Bitcoin ETFs could also stimulate greater Bitcoin trading volume and prices. However, the regulatory outlook remains uncertain and new rules may increase stability but also compliance costs. Overall, the document predicts 2024 will be a good year for cryptocurrencies.
What are the obligations of a crypto business? How are some crypto businesses now paying a price for forgetting this part of doing business?
https://youtu.be/8PAEU0g5pdE
One reason that governments want to regulate cryptocurrencies is their use by terrorists to finance their operations. Does crypto finance terrorism and, if so, how does that work?
https://youtu.be/AeWLcHK_rx4
What happens when someone reneges on a crypto blockchain business deal? How can such problems be resolved or mediated? What rules could or should apply when problems arise? A question at the bottom of this issue is this. Are smart contracts legal?
https://youtu.be/q8tsUwaHsdo
Part of what we are seeing today is the dealing with specific crypto-related crimes. Part is sorting out who makes the rules that crypto needs to follow. We wonder this. Can the law fix crypto’s problems?
https://youtu.be/VjGIk5aYFac
A lukewarm future is about the best that many see for crypto. We are reminded of Apple when it was so desperate that it accepted a $150 million bailout from Bill Gates and archrival Microsoft. Today we see Apple as the model for crypto’s future.
https://youtu.be/ZIQXs0j7jlE
Are Crypto Infrastructure Investments Safe Bets?InvestingTips
While individual crypto investments may be risky these days, investments in the infrastructure of crypto may not be. What comes mind are DeFi businesses and crypto exchanges like Coinbase. So, are crypto infrastructure investments good bets?
https://youtu.be/_RBU-arNaK8
As the crypto system has matured a centralization issue has developed. Who gets to vote in crypto, set the rules and have control of digital money?
https://youtu.be/X8g6wylyJZA
Binance is exiting Russia by selling its Russian operations to a newly created crypto exchange called CommEX. This is likely due to regulatory issues, as Binance does not want to be seen helping Russian oligarchs evade sanctions during the Ukraine war. While crypto payments are illegal in Russia, Russians can still use crypto to transfer funds out of the country. By exiting Russia completely, Binance hopes to cut ties to potentially troublesome Russian clients, but it remains to be seen if this will help resolve its other regulatory issues in the US and elsewhere.
Volume indicators for trading Bitcoin include the following: on balance volume, the accumulation/distribution line, money flow index, Chaikin oscillator, Chaikin money flow, and ease of movement.
https://youtu.be/EvyQtAMIDU8
2. There is a lot of controversy
regarding President Obama’s
executive order for immigration
reform.
3. The short version is that he bypassed
a do nothing congress and put a hold
on deportation for nearly 5 million
people who came to and remain in
the USA illegally.
4. Before We Continue…
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5. Our concern at this point is not if the
parents of children born in the USA
should not be deported.
6. Our concern is the economic effects
of immigration reform.
8. The impact of the President’s actions,
given this large group of potential
beneficiaries, could very well ripple
across the U.S. economy, but it’s too
early to say exactly how.
9. As the Congressional Budget Office
noted when it analyzed the economic
implications of last summer’s stalled
immigration bill, “ascertaining the
effects of immigration policies on the
economy and the federal budget is
complicated and highly uncertain.”
10. The first unknown factor is just how
many people will sign up for this
plan.
11. Then we do not know how many
will apply for and find different jobs.
12. The usual assumption is that illegal
aliens work for cheap because they
do not have papers that allow them
to apply for most jobs in the
American economy.
13. The fear of some US citizens is that a
flood of illegals will enter the
legitimate job market and displace
workers who are United States
citizens.
14. And how many who do find better
jobs will make enough money to pay
significant taxes.
15. All of these factors and more left the
folks at the Congressional Budget
Office scratching their heads.
17. Not everyone is confused and
scratching their head about
immigration reform.
18. In Houston they think that the
economic effects of immigration
reform will be positive.
19. The Houston Business Journal says
immigration reform will be a
big boost to Houston’s labor force.
20. There are few more politically polarizing
issues of late than immigration reform,
but for many in Houston, President
Barack Obama’s recent executive order
on immigration is about business.
21. “For legal contractors it’s going to be a
tremendous boom because now we have
access to labor that we haven’t been able
to hire,” said Stan Marek, CEO of
Houston-based Marek Brothers
Company Inc. and longtime proponent
of immigration reform.
23. Have a large pool of previously
illegal aliens will be a plus.
24. The Journal estimates that easily
more than a million people will take
advantage of this executive order
and be available for jobs across the
board.
25. As an example a recent study
indicated that as of today half of
Houston’s construction workers are
undocumented.
26. These folks will likely stay on the job,
perhaps get better wages and pay
taxes.
28. Silicon Valley needs programmers. It
is difficult for foreign born
programmers to get papers.
29. Many of the technological advances
made by the USA in the 20th century
came from immigrants who were
welcomed to these shores, given
citizenship and who made great
contributions.
30. Today immigration law makes it
hard to replicate this feat. Companies
in the tech areas of California are
especially unhappy that the
President did not address this failing
of immigration law.
31. The New York Times reports on the
Silicon Valley response to Obama’s
Immigration Action.
32. President Obama’s executive action on
immigration last week falls well short of
what both immigrants and industry
leaders were seeking.
33. The most vexing issues they face, like
speeding up the process for obtaining
permanent residency and getting more
visas for high-skilled technology work,
would require an act of Congress.
34. The issue here is that the President
did what he believed he could
legally do via executive action.
35. For more we need for wait for the
next congress to act.