Comments on: Immigration to the US http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Thu, 11 Mar 2010 19:24:16 -0500 http://wordpress.org/?v=2.9.2 hourly 1 By: AGORACOM http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-133607 AGORACOM Mon, 15 Dec 2008 23:15:48 +0000 http://www.ritholtz.com/blog/?p=12653#comment-133607 Let's check back in 2050 when the graphic shows the planet heading for China. The Greek Let’s check back in 2050 when the graphic shows the planet heading for China.

The Greek

]]> By: neward http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-133099 neward Sat, 13 Dec 2008 03:47:52 +0000 http://www.ritholtz.com/blog/?p=12653#comment-133099 Roy Beck's talk starts out claiming that 1925-1965 was the "Golden Age of Immigration", that date range conveniently straddles the Great Depression, the Second World War (a draft), and the Korean War (a draft) and claims that this was a time period when America became a "middle class society" because of low immigration. Ridiculous. The United States has a very low population density compared to other Western Nations, the foreign born population in 1900 was 20% while today it's 10%. An academic study has found that Spanish speaking immigrants of today are learning English at a faster rate than the Italian-speaking immigrants of 100 years ago. Numbers USA argues for supporting 1925-1965 immigration levels, I don't see how anyone can claim that the country is not more enriched and competitive because of the massive amount of Asian immigration enabled by 60s legislation. Silicon Valley simply wouldn't have been. ...to my previous point about this graphic, note that there is a steady stream of immigration from Australia throughout the entire animation starting in 1830, Australia was barely a penal colony in 1830. Roy Beck’s talk starts out claiming that 1925-1965 was the “Golden Age of Immigration”, that date range conveniently straddles the Great Depression, the Second World War (a draft), and the Korean War (a draft) and claims that this was a time period when America became a “middle class society” because of low immigration. Ridiculous.

The United States has a very low population density compared to other Western Nations, the foreign born population in 1900 was 20% while today it’s 10%. An academic study has found that Spanish speaking immigrants of today are learning English at a faster rate than the Italian-speaking immigrants of 100 years ago. Numbers USA argues for supporting 1925-1965 immigration levels, I don’t see how anyone can claim that the country is not more enriched and competitive because of the massive amount of Asian immigration enabled by 60s legislation. Silicon Valley simply wouldn’t have been.

…to my previous point about this graphic, note that there is a steady stream of immigration from Australia throughout the entire animation starting in 1830, Australia was barely a penal colony in 1830.

]]> By: wrongwy http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-132854 wrongwy Fri, 12 Dec 2008 16:25:06 +0000 http://www.ritholtz.com/blog/?p=12653#comment-132854 Check out the youtube version if numbersusa site is still down. Check out the youtube version if numbersusa site is still down.

]]> By: wrongwy http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-132844 wrongwy Fri, 12 Dec 2008 16:07:34 +0000 http://www.ritholtz.com/blog/?p=12653#comment-132844 Another fascinating look at immigration by Roy Beck. http://www.numbersusa.com/content/resources/video/recommended/immigration-numbers.html Another fascinating look at immigration by Roy Beck.

http://www.numbersusa.com/content/resources/video/recommended/immigration-numbers.html

]]> By: neward http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-132715 neward Fri, 12 Dec 2008 04:10:32 +0000 http://www.ritholtz.com/blog/?p=12653#comment-132715 I don't know how accurate this graphical representation is, a number of people will jump to the false conclusion that the steady stream from Africa represents the importation of slaves, it does not, that was banned in 1808. The graphic does not show a drop off in immigration from the far east after the Chinese Exclusion Act in 1880, the first restriction on immigration (besides banning slave importation) in the US, nor does it show the effects of the Immigration Act of 1917, which created an Asiatic Barred Zone including the rest of Asia not covered by previous Chinese or Japanese restrictions. http://en.wikipedia.org/wiki/Slavery_in_the_United_States#Rising_tensions http://en.wikipedia.org/wiki/Chinese_Exclusion_Act_(United_States) http://en.wikipedia.org/wiki/Asiatic_Barred_Zone_Act http://www.dhs.gov/ximgtn/statistics/publications/LPR07.shtm They said they were drawing their data from DHS (link above), but from looking at "Persons Obtaining Legal Permanent Resident Status by Region and Selected Country of Last Residence: Fiscal Years 1820 to 2007", the data is not accurately represented. I don’t know how accurate this graphical representation is, a number of people will jump to the false conclusion that the steady stream from Africa represents the importation of slaves, it does not, that was banned in 1808.

The graphic does not show a drop off in immigration from the far east after the Chinese Exclusion Act in 1880, the first restriction on immigration (besides banning slave importation) in the US, nor does it show the effects of the Immigration Act of 1917, which created an Asiatic Barred Zone including the rest of Asia not covered by previous Chinese or Japanese restrictions.

http://en.wikipedia.org/wiki/Slavery_in_the_United_States#Rising_tensions
http://en.wikipedia.org/wiki/Chinese_Exclusion_Act_(United_States)
http://en.wikipedia.org/wiki/Asiatic_Barred_Zone_Act
http://www.dhs.gov/ximgtn/statistics/publications/LPR07.shtm

They said they were drawing their data from DHS (link above), but from looking at “Persons Obtaining Legal Permanent Resident Status by Region and Selected Country of Last Residence: Fiscal Years 1820 to 2007″, the data is not accurately represented.

]]> By: KJ Foehr http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-132666 KJ Foehr Fri, 12 Dec 2008 00:17:12 +0000 http://www.ritholtz.com/blog/?p=12653#comment-132666 Traders are freaking out a little in AH. SPY trading at 85.84; close at 87.94. SRS over 100. BAC was higher after the job cut news; now it's trading lower than the close. Republicans are trying to make it look like they care about deficit spending and acting socialistic. But they will vote for a bill soon. It's a given, IMO. PPI and retail sales better be decent in the morning... Traders are freaking out a little in AH. SPY trading at 85.84; close at 87.94. SRS over 100. BAC was higher after the job cut news; now it’s trading lower than the close.

Republicans are trying to make it look like they care about deficit spending and acting socialistic. But they will vote for a bill soon. It’s a given, IMO.

PPI and retail sales better be decent in the morning…

]]> By: jmborchers http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-132661 jmborchers Thu, 11 Dec 2008 23:48:55 +0000 http://www.ritholtz.com/blog/?p=12653#comment-132661 Pretty neat animation. Fin Congress. They are taking too long to act! Petty arguments over stupid crap. Time for another Boston Tea party. Tomorrow looks aweful. I'll be covering my GLW short in the cover of darkness tomorrow early prolly. Pretty neat animation.

Fin Congress. They are taking too long to act! Petty arguments over stupid crap. Time for another Boston Tea party.

Tomorrow looks aweful. I’ll be covering my GLW short in the cover of darkness tomorrow early prolly.

]]> By: leftback http://www.ritholtz.com/blog/2008/12/immigration-to-the-us/comment-page-1/#comment-132611 leftback Thu, 11 Dec 2008 21:49:39 +0000 http://www.ritholtz.com/blog/?p=12653#comment-132611 I think I spotted leftback streaming across the Atlantic in 1985. That was a long trip in a rowing boat... I think I spotted leftback streaming across the Atlantic in 1985.
That was a long trip in a rowing boat…

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