SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Doubleday who wrote (65762)7/5/2004 11:39:33 AM
From: Dennis Doubleday  Read Replies (1) | Respond to of 77400
 
Mindmeld,

Let's inject some data relevant to right now into the conversation.

slate.msn.com



To: Dennis Doubleday who wrote (65762)7/5/2004 7:47:08 PM
From: RetiredNow  Respond to of 77400
 
OK. I read the article and the guy is making a political statement. If we put politics aside for a second, we can both agree that jobs growth has not been very good in the last 3 years. That's a no brainer and it's because we just came off of a huge stock market bubble, a recession, and a terrorist attack. It's to be expected that jobs growth may not look so hot.

At any rate, the point of what I was saying earlier is that more people are retiring than every before and it will pick up pace over the next 5 years. Unless immigrants come in and take all the jobs that are left by the retirees, there will be plenty for Americans who want a job.

It's very simple. More retirees and fewer incoming Americans, means more jobs available. Immigrants are the only variable here that may work against Americans. If there are more immigrants, then there will be fewer for Americans. if there are fewer, then more jobs. If we figure that fewer immigrants are coming in as a result of our border lock downs and security precautions and all the increased bureaucracy that stems from all of that, then we can probably assume that Americans will be able to fill alot of those jobs, which means lower unemployment.

I've posted all the figures that prove my point. You can see a clear trend downwards in the net growth of the labor force. Unless you can prove that immigration will be incrementally larger to offset that decline, then you point is lost.