The document discusses several topics related to US immigration:
1) Current US immigration levels with over 1 million new immigrants per year accounting for 60% of labor force growth.
2) The impact of immigration on economic growth, with population growth driving 40% of GDP growth.
3) Details of President Obama's recent executive order providing legal status to millions of undocumented immigrants already in the US.
4) Issues around future congressional action on broader immigration reform, comparing the US system to models in other countries like Canada and Australia.
5) Arguments that reform and continued immigration can help avoid deflation and maintain economic growth.
Seattle Chinese Chamber of Commerce - The US-China RelationshipBenjamin Shobert
What can we say about this key relationship in light of the 2016 Presidential election? What changes should we anticipate? How do we work together to ensure trade and investment between the two countries continues to grow?
Canada is a small, open economy in a globalized world. As a result, Canadian governments have tended to prefer negotiated agreements that govern trade, instead of the insecurity and ‘wild west’ of unfettered competition. At the same time, Canadians tend to support relatively high levels of government involvement in economic management, making it difficult to maintain a balance acceptable to our trade partners. With the US ‘elephant’ increasingly hostile to multilateral efforts, and the Trump administration targeting Canada in a variety of different ways, it remains to be seen how much Canada ‘the mouse’ will be able to hold its own in international negotiations. This session will explore the past, present, and future prospects for Canada as a trading nation in a world increasingly at odds with our preferred model of economic development.
A publication designed in response to and for Lauren Bratslavsky ,Nathan Carpenter & Joseph Zompetti's academic article "Twitter, incivility, and presidential communication: A theoretical incursion into spectacle and power" that emphasises the analysis of its subject matter.
This white paper is the next chapter in Euro RSCG Worldwide PR’s commitment to the study of the future of men. Since 2003, when Euro RSCG popularized the “metrosexual” concept, the agency has been at the forefront of the movement of marketing to men. “Male in U.S.A.” draws on this long history, plus the results of recent proprietary studies, independent research and insights gained through ERWW PR’s global trendspotting network, connecting the dots between all of them. Men in the United States today have many differences, but there are commonalities, and this paper addresses both. To try to accurately illustrate a portrait of the American man, it looks at demographics, the wealth illusion, the effects of the recession, male icons in Hollywood and beyond, cars, technology, the banking industry, love and second chances, among other diverse topics. A conclusion offers a list of 10 points helping to define the American male in 2011.
Seattle Chinese Chamber of Commerce - The US-China RelationshipBenjamin Shobert
What can we say about this key relationship in light of the 2016 Presidential election? What changes should we anticipate? How do we work together to ensure trade and investment between the two countries continues to grow?
Canada is a small, open economy in a globalized world. As a result, Canadian governments have tended to prefer negotiated agreements that govern trade, instead of the insecurity and ‘wild west’ of unfettered competition. At the same time, Canadians tend to support relatively high levels of government involvement in economic management, making it difficult to maintain a balance acceptable to our trade partners. With the US ‘elephant’ increasingly hostile to multilateral efforts, and the Trump administration targeting Canada in a variety of different ways, it remains to be seen how much Canada ‘the mouse’ will be able to hold its own in international negotiations. This session will explore the past, present, and future prospects for Canada as a trading nation in a world increasingly at odds with our preferred model of economic development.
A publication designed in response to and for Lauren Bratslavsky ,Nathan Carpenter & Joseph Zompetti's academic article "Twitter, incivility, and presidential communication: A theoretical incursion into spectacle and power" that emphasises the analysis of its subject matter.
This white paper is the next chapter in Euro RSCG Worldwide PR’s commitment to the study of the future of men. Since 2003, when Euro RSCG popularized the “metrosexual” concept, the agency has been at the forefront of the movement of marketing to men. “Male in U.S.A.” draws on this long history, plus the results of recent proprietary studies, independent research and insights gained through ERWW PR’s global trendspotting network, connecting the dots between all of them. Men in the United States today have many differences, but there are commonalities, and this paper addresses both. To try to accurately illustrate a portrait of the American man, it looks at demographics, the wealth illusion, the effects of the recession, male icons in Hollywood and beyond, cars, technology, the banking industry, love and second chances, among other diverse topics. A conclusion offers a list of 10 points helping to define the American male in 2011.
This presentation takes a practical look at recent trends in the world and analyze whether the world is getting better or worse. We will look at trends in democracy, human rights and freedoms, economic growth and inequality, environmental degradation and climate change, human health, population, and governance, among others. If we have time, we may also explore the role of the media in shaping our perceptions of progress and ideas about the future.
Immigrants contribution to Fortune 500 companiesPeachy Essay
Immigration issues has been troubling the US lawmakers for more than a century.
There is no conclusive proof that immigrants are connected to crime.
They have made many positive contributions to this nation.
Instead of just deporting appropriate reforms are needed on the immigration issue.
Trending Twitter Topics for August 2018 South African LandscapeAshley Mokwena
This document takes a look at topics that trended and generated conversations on Twitter during the month of August.
From politics to sports to entertainment - I checked out what South African tweeps have been saying and contributing on the platform.
A citizen's journal about the transition of President Elect Barach Obama into the presidency. Excellent reference and tracking of who, what and how the transition and the first 100 days progress.
"We Are All Immigrants" is a presentation that speaks to the urgent need to align our immigration policy with our job-creation goals. We can create jobs in America --- lots of them---- by flicking the switch and welcoming the job-creators from abroad. Compared to American-born, Immigrants are twice as likely to start a business, twice as likely to invent a new product, more likely have an advanced degree, and more likely to have the linguistic, cultural, and networking skill-set to sell U.S. products and services abroad. Immigrants are America's competitive advantage. It's time we stopped treating them like dirt. I've been talking about this for over 10 years! hoping that someone would listen.... and help save my hometown (Cleveland) and country! I'm an immigration lawyer ---- I know how broken the system is --- and how to FIX IT! I co-wrote a book, "Immigrant, Inc." to tell these stories. I co-wrote the immigration policy for the 30 chambers of commerce from Chicago to Pittsburgh. Awareness is increasing, through programs such as Global Michigan, Global Detroit, Global Cleveland, Global Pittsburgh, and others. NYC Mayor Michael Bloomberg is one of the biggest champions of the notion that smart immigration reform can CREATE jobs in America and help revitalize its cities.
Immigrant Entrepreneurs: A Key to Rebuilding U.S. EconomyRichard Herman
new powerpoint to be delivered in detroit on 7/18 at the conference, "Immigration and Michigan's Future." Day-long conference to feature Michigan Governor Rick Snyder, NYC Mayor Michael Bloomberg, major CEOs, President of Wayne State University, and a cast of thousands! The eyes of the nation will be watching Detroit. Can immigrants save detroit? I say --- yes! as part ofa new intercultural team with African American talent and entrepreneurs, and other diverse talent, as we work towards building the most powerful teams on the planet. We hope this conference helps galvanize efforts not only in Detroit and Michigan, but in struggling cities around the country. This city-driven, economic argument should be a MAIN PLANK of comprehensive immigration law reform. We are all immigrants!
Prof. Lawrence Haddad, Director of the Institute of Development Studies, Sussex, UK talks about how President Elect Obama may affect international development
Facebook Employer Espionage (a pixie game) interactive slides. By Ah’livia.
Examines the role Facebook plays in hiring practices. The viewer participates in a interactive game in which they are the boss and must hire employees after viewing their Facebook content.
1st type of interactive game I've seen on this site.
This presentation takes a practical look at recent trends in the world and analyze whether the world is getting better or worse. We will look at trends in democracy, human rights and freedoms, economic growth and inequality, environmental degradation and climate change, human health, population, and governance, among others. If we have time, we may also explore the role of the media in shaping our perceptions of progress and ideas about the future.
Immigrants contribution to Fortune 500 companiesPeachy Essay
Immigration issues has been troubling the US lawmakers for more than a century.
There is no conclusive proof that immigrants are connected to crime.
They have made many positive contributions to this nation.
Instead of just deporting appropriate reforms are needed on the immigration issue.
Trending Twitter Topics for August 2018 South African LandscapeAshley Mokwena
This document takes a look at topics that trended and generated conversations on Twitter during the month of August.
From politics to sports to entertainment - I checked out what South African tweeps have been saying and contributing on the platform.
A citizen's journal about the transition of President Elect Barach Obama into the presidency. Excellent reference and tracking of who, what and how the transition and the first 100 days progress.
"We Are All Immigrants" is a presentation that speaks to the urgent need to align our immigration policy with our job-creation goals. We can create jobs in America --- lots of them---- by flicking the switch and welcoming the job-creators from abroad. Compared to American-born, Immigrants are twice as likely to start a business, twice as likely to invent a new product, more likely have an advanced degree, and more likely to have the linguistic, cultural, and networking skill-set to sell U.S. products and services abroad. Immigrants are America's competitive advantage. It's time we stopped treating them like dirt. I've been talking about this for over 10 years! hoping that someone would listen.... and help save my hometown (Cleveland) and country! I'm an immigration lawyer ---- I know how broken the system is --- and how to FIX IT! I co-wrote a book, "Immigrant, Inc." to tell these stories. I co-wrote the immigration policy for the 30 chambers of commerce from Chicago to Pittsburgh. Awareness is increasing, through programs such as Global Michigan, Global Detroit, Global Cleveland, Global Pittsburgh, and others. NYC Mayor Michael Bloomberg is one of the biggest champions of the notion that smart immigration reform can CREATE jobs in America and help revitalize its cities.
Immigrant Entrepreneurs: A Key to Rebuilding U.S. EconomyRichard Herman
new powerpoint to be delivered in detroit on 7/18 at the conference, "Immigration and Michigan's Future." Day-long conference to feature Michigan Governor Rick Snyder, NYC Mayor Michael Bloomberg, major CEOs, President of Wayne State University, and a cast of thousands! The eyes of the nation will be watching Detroit. Can immigrants save detroit? I say --- yes! as part ofa new intercultural team with African American talent and entrepreneurs, and other diverse talent, as we work towards building the most powerful teams on the planet. We hope this conference helps galvanize efforts not only in Detroit and Michigan, but in struggling cities around the country. This city-driven, economic argument should be a MAIN PLANK of comprehensive immigration law reform. We are all immigrants!
Prof. Lawrence Haddad, Director of the Institute of Development Studies, Sussex, UK talks about how President Elect Obama may affect international development
Facebook Employer Espionage (a pixie game) interactive slides. By Ah’livia.
Examines the role Facebook plays in hiring practices. The viewer participates in a interactive game in which they are the boss and must hire employees after viewing their Facebook content.
1st type of interactive game I've seen on this site.
Pôle d'intelligence d'entreprise - Université de SherbrookeSherbrooke Innopole
Présentation faite par le Pôle d'intelligence d'entreprise de l'Université de Sherbrooke dans le cadre du déjeuner du GATE, le 5 décembre 2014 à Sherbrooke.
Le nouveau terrain de jeu du veilleur : technologie ou cahos informationnel ?...Le_GFII
Intervention d'Odile Quesnel, Responsable Argus Lab, l'Argus de la presse au Forum du GFII 2014.
Session : "De la veille à la data intelligence : nouvelles approches, nouvelles solutions, nouveaux usages" le 08/12/14, Paris
Abstract : Dans un contexte de transformation des territoires de l'information et des repères traditionnels, le market intelligence voit son terrain de jeu évoluer. Les veilleurs sont confrontés à des nouveaux défis pour résoudre l'équation recherche/sourcing/consultation, la techno a-t-elle pour objectif d'aider le veilleur à mettre sous contrôle le chaos informationnel ?
Source : http://forum.gfii.fr/forum/l-apport-des-technologies-semantiques-dans-la-veille
Regin is an extremely complex piece of software that can be customized with a wide
range of different capabilities which can be deployed depending on the target. It is built
on a framework that is designed to sustain long-term intelligence-gathering operations
by remaining under the radar. It goes to extraordinary lengths to conceal itself and its
activities on compromised computers. Its stealth combines many of the most advanced
techniques that we have ever seen in use.
US Immigration Policy by Jim Russell, Ph.D.russell2008
US Immigration Presentation to the Senior Class of Ardsley High School, NY on October 31, 2007 by Jim Russell, Ph.D., Chairman of Westchester-Rockland Citizens for Immigration Control.
US Immigration Policy Presentation at Ardsley HSrussell2008
US Immigration Presentation to the Senior Class of Ardsley High School, NY on October 31, 2007 by Jim Russell, Ph.D., Chairman of Westchester-Rockland Citizens for Immigration Control.
An overview of poverty levels within ethnic communities in the US. Governmental attempts at a baseline. Five types of capital formation within a capitalist infrastructure as pathways out. This is the basis of the video at https://vimeo.com/vivgrigg/uspoverty
Black Consumer Project Wave 1 - Identity + ValuesThinkNow
Black Consumer Project is an in-depth multi-wave study of the economic and cultural contributions of Black Americans. This community has more buying power than ever, and our goal is to uncover the unique perspectives, behaviors, and preferences of Black and African American consumers.
The first wave of the Black Consumer Project explores core values, personal goals, layers of identity and definitions of success
Students» Standard High School ExamSocial Studies2. What i.docxjonghollingberry
Students
» Standard High School Exam
Social Studies
2. What information could not be told from this map?
3. After reviewing the passage, review each answer for validity or relevance to the passage and eliminate answers to find the correct answer.
The Enlightenment, Seven Years War started and American War of Independence were all events leading up to the French Revolution. Most of the country was hungry and malnourished due to rising costs and low grain harvest. A high emotion coursing through the French was resentment.
4. Use the table below to find the best most comprehensive answer.
Century
Period
Information
14th Century
Renaissance era
Cultural movement
David, by Michelangelo is an example of high Renaissance art
16th Century
Protestant reformation
A division between churches and Western Christianity
Initiated by Martin Luther Kind and John Calvin
5. What information can be gathered from the picture below?
Modern World Studies – Questions 5-10
Shopping online is about to explode. Retailers of all types are expanding product offerings, adding in-store pickup, free shipping and experimenting with social media. It’s getting harder to tell pure play Internet retailers from the bricks and mortar shops with online portals, and all of them are reinventing how we’ll shop online in the future. Be it via a mobile device, tablet computer, in-store kiosk or computer, the lines are blurring and the result will be both good and bad for consumers.
6. Using the information above and common knowledge would it be safe to say that technology has made it easier to purchase products?
Telecommute jobs have become popular alternatives to going to an office everyday. Telecommute careers allow you to work from the comfort and privacy of your own home doing many of the same jobs that you would perform in a corporate setting. If you are looking to find a telecommute job that is right for you, then start with this list of popular options.
7. Using the above information and your basic knowledge about different jobs which of the below fields is least likely to be done telecommuting?
The United States is in the midst of a profound demographic transformation that will long outlast the current economic downturn. In 2011, the first of the baby boomers—Americans born between 1946 and 1964—turned 65 years old. There are 77 million baby boomers, comprising nearly one quarter of the total population, and their eventual retirement will have an enormous impact on the U.S. economy. This daunting fact is central to the January 2012 employment and labor force projections from the Bureau of Labor Statistics (BLS). As the BLS projects, the retirement of the baby boomers will slow labor force growth significantly over the coming decade. Yet, at the same time, demand will grow for new workers to take the place of those who retire from the labor force, as well as for both highly skilled and less-skilled healthcare workers to look after the growing ranks of elderly Americans. In .
Demographic analysis, the statistical description of human populations, is a tool used by government agencies, political parties, and manufacturers of consumer goods. Polls conducted on every topic imaginable, from age to toothpaste preference, give the government and corporations an idea of who the public is and what it needs and wants.
2. What information could not be told from this map3. After revie.docxsandibabcock
2. What information could not be told from this map?
3. After reviewing the passage, review each answer for validity or relevance to the passage and eliminate answers to find the correct answer.
The Enlightenment, Seven Years War started and American War of Independence were all events leading up to the French Revolution. Most of the country was hungry and malnourished due to rising costs and low grain harvest. A high emotion coursing through the French was resentment.
4. Use the table below to find the best most comprehensive answer.
Century
Period
Information
14th Century
Renaissance era
Cultural movement
David, by Michelangelo is an example of high Renaissance art
16th Century
Protestant reformation
A division between churches and Western Christianity
Initiated by Martin Luther Kind and John Calvin
5. What information can be gathered from the picture below?
Modern World Studies – Questions 5-10
Shopping online is about to explode. Retailers of all types are expanding product offerings, adding in-store pickup, free shipping and experimenting with social media. It’s getting harder to tell pure play Internet retailers from the bricks and mortar shops with online portals, and all of them are reinventing how we’ll shop online in the future. Be it via a mobile device, tablet computer, in-store kiosk or computer, the lines are blurring and the result will be both good and bad for consumers.
6. Using the information above and common knowledge would it be safe to say that technology has made it easier to purchase products?
Telecommute jobs have become popular alternatives to going to an office everyday. Telecommute careers allow you to work from the comfort and privacy of your own home doing many of the same jobs that you would perform in a corporate setting. If you are looking to find a telecommute job that is right for you, then start with this list of popular options.
7. Using the above information and your basic knowledge about different jobs which of the below fields is least likely to be done telecommuting?
The United States is in the midst of a profound demographic transformation that will long outlast the current economic downturn. In 2011, the first of the baby boomers—Americans born between 1946 and 1964—turned 65 years old. There are 77 million baby boomers, comprising nearly one quarter of the total population, and their eventual retirement will have an enormous impact on the U.S. economy. This daunting fact is central to the January 2012 employment and labor force projections from the Bureau of Labor Statistics (BLS). As the BLS projects, the retirement of the baby boomers will slow labor force growth significantly over the coming decade. Yet, at the same time, demand will grow for new workers to take the place of those who retire from the labor force, as well as for both highly skilled and less-skilled healthcare workers to look after the growing ranks of elderly Americans. In addition, the Social Security and Medicare programs w.
Govt butt heads War Room slides -- 01-24-2019hiddenlevers
Just as the government shutdown started, markets got their mojo back. US indexes are up over 10% since Christmas while pundits, including Jamie Dimon, project a dire economic impact of a US government in such disarray.
- Is gridlock a GDP killer?
- When will govt dysfunction impact markets?
- What is the economic impact of a Trump Wall?
Join us as we introduce a new scenario – DC Delinquency, and consider all possibilities, including the potential impact of another downgrade on US Treasuries.
Evaluating a Sluggish Economy with Bruce YandleMercatus Center
In the first half of 2016, the US economy skirted close to recession territory but so far has registered positive growth. What are the major forces that seem to be driving the slow-growth economy? Is the economy getting stronger? Or, will we hit recession territory before the end of the year?
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Brazil and the world economy. By the year 2050, the E7, the world´s seven emerging economies – China, India, Russia, Brazil, Indonesia, Mexico and Turkey – will overtake the economies of the G7 – US, Japan, Germany, UK, France, Italy and Canada. This will create exciting business and investment opportunities across multiple markets, including consumer, agricultural, industrial, banking and logistics. Brazil faces challenges but offers business opportunities
Similar to The Immigration Fight War Room Slides (20)
Markets are priced for a soft landing and bad news could disrupt returns but based on starting yields it would be hard to get a negative return. How will high yield bond spreads be influenced by the economy's ability to achieve a soft landing?
Will the economy experience a soft economic landing as inflation decreases or will the change to inflation be more than expected? Is a hard economic landing still possible?
Will geopolitical sentiment resemble the post Berlin Wall era and cause an uproar in the the equity markets? Or will hostilities towards the US increase?
What impacts will the Midterm Election have on the strength of the economy? Will we experience typical Midterm performance or will inflationary pressures control the market?
What impacts will the Midterm Election have on on the strength of the economy? Will we experience typical Midterm performance or will inflationary pressures control the market?
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
🔍 Escalation of state-sponsored and criminally motivated cyber operations.
🔍 Active dark web exchanges of malicious tools and tactics.
Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
Opendatabay - Open Data Marketplace.pptxOpendatabay
Opendatabay.com unlocks the power of data for everyone. Open Data Marketplace fosters a collaborative hub for data enthusiasts to explore, share, and contribute to a vast collection of datasets.
First ever open hub for data enthusiasts to collaborate and innovate. A platform to explore, share, and contribute to a vast collection of datasets. Through robust quality control and innovative technologies like blockchain verification, opendatabay ensures the authenticity and reliability of datasets, empowering users to make data-driven decisions with confidence. Leverage cutting-edge AI technologies to enhance the data exploration, analysis, and discovery experience.
From intelligent search and recommendations to automated data productisation and quotation, Opendatabay AI-driven features streamline the data workflow. Finding the data you need shouldn't be a complex. Opendatabay simplifies the data acquisition process with an intuitive interface and robust search tools. Effortlessly explore, discover, and access the data you need, allowing you to focus on extracting valuable insights. Opendatabay breaks new ground with a dedicated, AI-generated, synthetic datasets.
Leverage these privacy-preserving datasets for training and testing AI models without compromising sensitive information. Opendatabay prioritizes transparency by providing detailed metadata, provenance information, and usage guidelines for each dataset, ensuring users have a comprehensive understanding of the data they're working with. By leveraging a powerful combination of distributed ledger technology and rigorous third-party audits Opendatabay ensures the authenticity and reliability of every dataset. Security is at the core of Opendatabay. Marketplace implements stringent security measures, including encryption, access controls, and regular vulnerability assessments, to safeguard your data and protect your privacy.
5. Market Update
Crude Awakening Jobs Explosion
Online retail is Holiday Retail
sources: HiddenLevers, CNN, Financial Times, LA Times, Yahoo Finance
GOP takes Congress
6. Market Update – Ebola Pandemic
sources: HiddenLevers, Business Insider, Forbes
Macro – geopolitics
US + Middle East collude
to crush ISIS + Russia
How
OPEC no production cut
US begins exporting oil
Macro Snapshot – Crude Awakening
-45%
Macro – economics
USD strongest in 5 years
20% more US production
15% less consumption
Millennials + Boomers driving less
+10%
7. Macro Snapshot
A few more danger signs, including yield curve, Shiller P/E, and bond spreads. The
almighty dollar continues to crush all comers – at what point is this bad for US?
Don’t cross the red line
9. healthy population pyramid
US population pyramid (2014)
USA Demographics 101
sources: HiddenLevers, CIA World Factbook, US Census Bureau
10. GOOD: Successful Immigration Reform
source: HiddenLevers,
GOP + President move to merit system
rhetoric centers
on skilled labor
US educated
foreigners stay
in US
private job
creation
increases
short term GDP
positively
impacted
long term GDP
at 90s levels
more fuel for
secular bull
market
11. BAD: Immigration Gridlock
family ties
continue as
basis for
immigration
polarized society
status quo maintained due to inaction
illegal
immigration
doesn’t abate
source: HiddenLevers, US Citizenship and Immigration Services
short term
GDP
eeks along
diluting human
capital, not
building it
Long term
GDP
biggest casualty
12. UGLY: Baby Bust
aging baby
boomers are a
headwind
negative labor
force growth
negative population growth + GDP decline
mirroring
Europe + Japan
source: HiddenLevers, Economist
young people
leave for
opportunity
elsewhere
13. Scenario: US Demographic Shift
Successful
immigration reform
builds US human
capital, driving GDP
growth to 90s level.
Gridlock = status
quo, where illegal
and family-oriented
immigration
continues, without
major benefit.
If US population
begins to backslide
like Europe, malaise
will set in. As in
Japan, QE can’t fix –
population growth
needed.
Good
Successful
Reform
Bad
Gridlock
Ugly
Baby Bust
15. US Immigration: Global Perspective
sources: World Bank GDP, World Bank Pop, HiddenLevers Analysis
Population growth is positively correlated (+0.3) with GDP growth –
it’s difficult to grow GDP when population is dying or leaving
-2
-1
0
1
2
3
4
5
6
7
8
GDP Growth (%)
Pop Growth (%)
Population Growth
/ GDP Impacts:
• Raises consumption
• Improves worker /
retiree ratio
• Builds human
capital
• Global deflation
debunks limits to
growth theories
16. US Immigration: Current Picture
sources: US Dept of Homeland Security, US Census Bureau, TD Economics
2004-2014
1m new immigrants / year
33% of population increase
60% of labor force growth
Big 5 states
receive 60%
CA
NY
FL
TX
NJ
2014-2024
Adult population all
be over 55 years old
Fastest growing age
segment: 70-74
54% of immigrants are
age 25-54
17. US Immigration: Impact on Economy
Population
Growth drives
40% of GDP
Growth
(1% per year)
Population Group Total Addition
New Immigrants 1 Million
Births to Foreign-Born Women 1 Million
Total Population Growth (2013) 2.3 Million
=> 80% of population growth due to immigrants
sources: Census, CNN, Reuters, Pew Research, Time, St. Louis Fed
Immigration to
soon account
for 100% of pop
growth
18. US Immigration: Obama Executive Order
sources: Washington Post
Legal reprieve to 3.7 million illegals
with US citizen children, must be in
USA for 5 years
Immigrants who came as children can
apply for deportation deferral. Now
immigrants over 30 qualify.
Visa facilitation for who invest in USA
Visa facilitation for anyone pursuing
science / tech / engineering / math
degrees
NO expansion of HI-B visa program
NO ACA coverage for new legals
NO visas for migrant workers
3.7 million made legal
6.2 million illegals left
20. IMMIGRATION: Congressional Action
sources: Migration Policy, Fox News
GOP now has majority, still using minority tactics
to stall executive order.
- Homeland Security funding only to Feb 2015,
rest of budget is Sept 2015
- Die Hards trying to wage battle now, trying to
threaten govt shutdown
- Calling Obama actions unconstitutional – they
should have beaten him to it.
1. increases GDP (consumption/production)
2. family values agenda
3. less govt spending (no enforcement)
4. secure the Latin vote
No increase in
illegal immigrants
since 2010
21. US 1965 Reform + Global Models for Reform
sources: Center for Immigration Studies, TD Bank, Library of Congress
Canada + Australia + UK:
• 60%+ merit-based immigration
• Points for education, skills in high
demand areas, language fluency
• Less temp visas, more “green” cards
1965 Reform:
• Opened non-European
immigration
• Prioritized family ties
• Allowed for merit consideration
(origins of H1-B and other visas)
• 41 million legal immigrants in US
today, highest share since 1920
