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The American Dream - Dead of Alive?
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PostPosted: Fri Dec 21, 2018 4:52 pm GMT    Post subject: Reply with quote

Elrond wrote:
There is, but I don't think the shift is that critical yet:

https://www.npr.org/sections/thetwo-way/2018/05/17/611898421/u-s-births-falls-to-30-year-low-sending-fertility-rate-to-a-record-low


We'll need immigrants.
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PostPosted: Fri Dec 21, 2018 7:11 pm GMT    Post subject: Reply with quote

No one anywhere is disputing needing LEGAL immigrants

Somehow legal and illegals have been lumped together
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PostPosted: Sat Dec 22, 2018 1:14 am GMT    Post subject: Reply with quote

Anonymous wrote:
No one anywhere is disputing needing LEGAL immigrants


Not true. Steve Bannon and Stephen Miller (both very prominent in the current administration) have both said we don't need immigrants. When others say it it normally gets whitewashed as not wanting illegal immigrants, but they simultaneously push for changes that would seriously reduce what is legal. The implication is that they dispute that we need immigrants period.
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PostPosted: Sat Dec 22, 2018 11:00 pm GMT    Post subject: Reply with quote

Anonymous wrote:
Anonymous wrote:
No one anywhere is disputing needing LEGAL immigrants


Not true. Steve Bannon and Stephen Miller (both very prominent in the current administration) have both said we don't need immigrants. When others say it it normally gets whitewashed as not wanting illegal immigrants, but they simultaneously push for changes that would seriously reduce what is legal. The implication is that they dispute that we need immigrants period.


When i see an official white house press release, I'll agree with you. I believe the focus is on legal merit based immigration (similiar to almost every other country in the world)
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PostPosted: Sun Dec 23, 2018 12:06 am GMT    Post subject: Reply with quote

I was addressing the "no one anywhere" part. I used Bannon and Miller because picking out some random Joe would have been a bad counterexample and they are influential voices. I didn't pick them out because I thought this was policy. Miller has definitely advocated for reduced immigration.

Merit based immigration sounds fine, at least in theory (nepotism is one problem). Hopefully that is where it heads. Work visas have been dropping the last two years, but that might be random fluctuations judging from the chart I found going back several years.
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PostPosted: Mon Dec 24, 2018 3:32 am GMT    Post subject: Reply with quote

Anonymous wrote:
I was addressing the "no one anywhere" part. I used Bannon and Miller because picking out some random Joe would have been a bad counterexample and they are influential voices. I didn't pick them out because I thought this was policy. Miller has definitely advocated for reduced immigration.

Merit based immigration sounds fine, at least in theory (nepotism is one problem). Hopefully that is where it heads. Work visas have been dropping the last two years, but that might be random fluctuations judging from the chart I found going back several years.


Or we could talk about real estate.
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PostPosted: Mon Dec 24, 2018 3:33 am GMT    Post subject: Reply with quote

Anonymous wrote:
I was addressing the "no one anywhere" part. I used Bannon and Miller because picking out some random Joe would have been a bad counterexample and they are influential voices. I didn't pick them out because I thought this was policy. Miller has definitely advocated for reduced immigration.

Merit based immigration sounds fine, at least in theory (nepotism is one problem). Hopefully that is where it heads. Work visas have been dropping the last two years, but that might be random fluctuations judging from the chart I found going back several years.


Or we could talk about real estate in greater Boston.
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PostPosted: Mon Dec 24, 2018 1:50 pm GMT    Post subject: Reply with quote

I would say boston is not immune from downturn but is better positioned to weather the storm due to
-Access to best education. Education for children is usually the very last thing thats skimped on. If chiba pulls back, there are many countries to fill the void
- world class health care and biotech. The aging demographics of us and China provide a floor for funding levels
- ma is less of a migration state vs nyc,California.. so there are generally strong family ties and less housing turn over

But yes.. its not immune but id rather own boston than SF during a severe downturn (sf simply cannot sustain itself without high tech valuations)
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PostPosted: Tue Dec 25, 2018 12:53 am GMT    Post subject: Reply with quote

Anonymous wrote:
America is becoming more and more of an inheritance society. As birth rates drop to just one child (white professionals in Boston), it will become increasingly so. This is because with one child in two generations, you have 4 grandparents and their assets siphoning down to one person. This means the only child who has 4 grandparents in Boston area who owns property would automatically be better off than the child with 3 siblings whose grandparents are from the Midwest. Way better off, without even working a day. You don't even need to have rich parents or grandparents. The burden of medical care for the 4 grandparents is also externalized by society as a whole via Medicare.

This is why China has super expensive housing compared to income. Income doesn't matter anymore in this kind of framework. It's all about inheriting property from the older generations. Those on the outside or have no inheritance cannot dream of breaking in, even if they work their butts off for decades, because housing prices will be detached from income.

We are turning into China. Slowly but surely.


We will turn into China when everyone speaks Mandarin, not English. We do seem to be turning into Mexico because I hear Spanish speakers everywhere these days and they are the reason why the US population keeps growing.
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