USA will fall ...... and inmigration will stop !! Remenber the Great Depression of 1929 ??

Question

Its been 77 years since the last Great Depression and I particulary think that we're very close to another one because of how we are administrating our resources. During The Great Depression was the lowest inmigration flow in the history of the USA. So yes, inmigration will stop and it will be even worse for the US, cause right now our best scientists are from india, arabia, japan and other countries of Asia. and if they see the US dont have anything to offer to them, they would consider other options.

I never said the crash of 1929 was related to inmigration, I said that during that period was the lowest inmigration flow !! learn to interpret what you read ! and to the other ignorant, Puerto Rico is US Territory

Answer 1

Clearly you have no background in economics. The economy is growning now more strongly than any developed country, unemployment is down, real wages are up while inflation remains low, and we're getting favorable trade arangements due to the cheap dollar.
Arabia contributes almost nothing in the way of usefull immigration, and though our influx cheap labor from South and Central American countries seems stable, and our intellectual hegemony seems secure as long as US colleges remain dominent.

Answer 2

OK, why don't you take a look at history. If you are suggesting the Depression came because of slow immigration, you are way off base. What happened is that when jobs dried up fewer immigrants came. At the same time, mass deportations of about a million immigrants occurred.

Skilled immigration is an entirely different policy question. It is poor immigrants that get benefits subsidized and are a net drain on the economy. Skilled immigrants tend to be a net benefit. The visas are in different quotas.

Answer 3

Is Puerto Rico even still a 'country' or whatever? I thought they had a 'going out of business' sale or something...

I don't think our best scientists are from other countries, I think that disregards plenty of bright american kids and borders on a racial slur, sir. I'm all for putting a Big Cork in the immigration thing for about 5 years until they can sort out the mess we have now. This whole thing has gotten Really Stupid, and the first corrective step when you realize you're in a hole is to Stop Digging. 8.4 trillion isn't going to pay itself, and it won't get paid at ALL with these clowns in office...

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Answer 6

The U.S. economy is humming full speed ahead. We are actually short of workers. The Great Depression was a global depression caused by trade embargoes and tariffs. If there were another depression caused by democrats raising taxes, there will probably not be a need for illegals to travel anywhere for work.

Answer 7

Puerto Rico is a self governing commonwealth associated to the US with a constitution recognized by the UN.
It is not an incorporated non self governing territory like US Virgin Islands.

Answer 8

I can't believe the rainbow of interpretations to what your saying. You took a statistical fact and stated that history would repeat itself.

The first thing to establish is what is the type of depression there was. In the 70's with Carter, the numbers were lower, but no one called it a depression. I would agree that by depression, widespread homelessness and lack of work in most communities where it is ostensible to create breadlines, lack of commerce for nessesities, and the pain of enough Americans, not necessarily most, of having nothing to feed their children. And for good measure I'll throw in a black market to replace our current free market.

Now, the lessons of what we learned in the depression, based on my bad history knowledge and subject to Alzheimers, is:

1. We had to create the Federal Reserve. What that means is, our money is based on nothing more than the full faith and credit of the US Gross Domestic Product, or the value of all goods and services America can produce.

2. That said monetary system is on purpose designed to keep the value of the dollar falling as low as can be possible and still allow commerce to take place, while having the opposite effect overseas, of creating a high dollar value to enable international trade so we can buy more overseas than at home. If you think the deficit is huge now, imagine the opposite effect where it's strong at home and weak overseas.

3. The world's oil trade, no matter what the country, is the American dollar. Should it change to the European Euro, that would trigger an immediate depression at home by inflation of up to 40% the value of the dollar for the first few months alone. America will never have another depression like we did in 1929 until the value of the dollar overseas ceases to exist. Please note that should the Euro replace the dollar, in this market countries who did would have more buying power. At this time trade with us, who has the largest GDP, fosters friendships, and fosters allies and no one is moving to the Euro to keep US protection should they be invaded. So I was told. The Euro was created for only one specific purpose: To compete against the dollar.

4. So we have arbitrarily created an economy at home based on internationl trade because we can't produce everything ourselves that we need. Since the introduction of property taxes and annual licenses and the values of things going so high we need banks to hold our money now, money does not stay in one place at a single time very long. As a sidenote, I also understand that when our population is financially strong, our government is weak and vice versa, and the balance between the two, with the government always coming out ahead, is why interest rates and things like T-Bills have been created.

5. So for the most part our economy is well regulated at home, subject to foreign trade. The only way we could fall into another depression like we agreed on at home is by the loss of the value of the dollar overseas under this system.

6. Should that happen, prices would skyrocket, money would become scarce, runs on banks, poverty, loss of property to taxes, and all that we envision (or if your 90 and remember) would happen. The balance against this, is that the business of America is business. We will always have something that other countries want. If that stops, then we are financially doomed, but in reality, what do you think the chances are?

7. So, to get back to the original statement, loss of jobs and economic force should slow down or stop immigration, depending on what those people perceived about us: That there are no jobs and no money to make, or that when things got better, America would be one of the very first countries to bounce back. I would submit that in a real world global depression, that people would go back to where they are most familiar and call home - whatever country and area that might be.

So yes, given a chain reaction that couldn't be avoided, people would tend to go home, or stay where they are, and immigration would all but stop if for no other reason that there was no money to travel or to make when you got there.

Could I submit that runaway colonization and the drain on our economy would force the dollar to go up in value at home and less overseas, allowing us less but needed products from overseas..including Mexico?

Rodrigez: You are welcome to organize in your own country to model after the USA to reap the benefits we have (we got benefits?) and it is yours and belongs to no one else. Even communist russia tore down their wall, it's time to do the same for yourself and your countrymen - in your own country and not force yourself or you beliefs or laws on another.

I don't want to hear you can't and worse, it's our problem. Look at other people's and nations and see what real national pride and success is, and don't substitute thiers for yours.

My country loves doing that for other nations - if you want help you can have it, but don't be a parasite, be a proud Mexican within your borders and we will do the same.

Answer 9

There is something that US should worry about: shortage of oil. US has to develop new sources of energy, not only to run cars, but also to sell them elsewhere. Otherwise, we'll be soon looking for jobs in India, China and Iran. The jobs they won't do.

Answer 10

they are not they best. its quality not quanity. have you ever noticed like on the history channle how there building this huge dam or something in Japan (or where ever) that all the workers are from the country there building it in and the contrator is American? and another thing. like there will be some 80 year old guy on here. who on here is gonna remember the great depression?