stilldropin20 wrote:cammac wrote:Where is the 3% growth in the GDP?
Trumps boast was to increase the GDP numbers to emerging nations numbers and the year is over how did he succeed? Earlier in this forum I said that a GDP growth in developed economies should be in the 2 to 3% range. Some argued that my numbers were too modest and that higher than 3% was doable! I can agree coming off a extreme downturn it can happen but that is only to equalize previous years. The USA came in with a very respectable 2.6% growth with poor 1st & 4th quarters. That is the 2nd best growth in the Group of 7.
As Trump took office, the slack in the workforce already was minimal. It's true that the labor participation rate — the share of working-age persons with jobs — was at a mere 63%, down from 66.4% in January 2007. The aging of the U.S. population leaves little hope of reversing the trend line. The last big increase in workforce participation was the product of the baby boom, but those workers are now retiring. I cited a Pew Research Center report that unless immigration takes up the slack by providing 18 million more workers, the U.S. workforce will continue to shrink at least through 2035. Trump immigration policies will keep those workers out.
As for productivity, it's been declining for many years, and the trend doesn't seem to be reversing.”A shrinking workforce does not make for strong economic growth. Germany, Canada, France and Britain’s economies grew faster than the U.S.’s last year, and, with maybe the exception of Canada, all these counties have dealt with the backlashes of nativism and intolerance that have resulted from importing immigrant labor to sustain that growth.
Note to NATE & SD20 your dreams of mass deportation of illegals would cause drastic harm to the USA economy.“The truth is that presidents seldom have as much influence over economic cycles as they think, or wish. The U.S. stock market has been strong, but so have the markets in other developed countries. The same goes for GDP. Trump hasn't actually enacted much in the way of policy that would influence economic growth one way or another, though some recent initiatives, such as placing tariffs on foreign solar panels, might actually suppress U.S. growth. His economic team in Davos communicated a totally confused message on the U.S. dollar — Treasury Secretary Steve Mnuchin at first said the U.S. favored a weak dollar (which suppresses imports and spurs exports, but also could ignite domestic inflation), then walked back his remarks as Trump expressed support for a strong dollar.
The ultimate goal of 3%-plus economic growth? It would be a grand achievement if it happens. But it's not the way to bet.”
BTW Canada had the top growth of the Group of 7 without final figures could be slightly over or under3%
https://www.dailykos.com/stories/2018/1/27/1736453/-Trump-didn-t-get-his-3-plus-economic-growth-for-2017-and-is-unlikely-to-in-2018-or-19-or
we dont want massive deportation of anyone. what we want is a DACA deal!!! (something Bush and obama could not get done) combined with a secure border fully appropriated, sensible and responsible and humane immigration reform that will encourage wages to rise for the working poor and lower middle class. with a move to a more merit based immigration system that includes the nuclear family.
I think this is a great deal. an amazing deal. to secure a pathway to citizenship for up to 1.8M being discussed (so it goes beyond DACA) million people already here. They will no longer be in limbo. and as long as they remain crime free and I imagine self sustainable at some level they will earn their citizenship.
Its a fair deal. A deal of Love. and it makes it somewhat merit based as the pathway laid out is over 10-12 years of being crime free and self sustainable at some level.
Bull Crap Babbles Brains
DACA is only the tip of the iceberg when it comes to illegal immigration! The only reason they are being contemplated is the 78% popularity in there plight. This could have been solved months ago and even now this legislation may face a uncertain future in the house. Tying this to some draconian immigration laws and building a unneeded wall is hypocrisy.
By most accounts somewhere between 11 & 13 million illegals live in the USA with most being contributors to America from laborers on farms, landscapers, workers in hospitality industry and construction. Jobs that American workers will not fill. Plus many of these families have children that are American citizens.
