American Economics Thread

Strangelove

Colonel
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US has historical dearth of hardware technical talent because it is a dry, small field w/o future prospects, and doesn't pay as well as software:

US Urges College, Chip-Firm Partnerships as It
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About those colleges...
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But then again, meritocratic examinations came from China and therefore must be evil and shunned!


Useless paper degrees... Nepotism/cronyism... Echo chambers...
If you saw my other post on the Indian Education system, then it really feels like the USA is going the way of India.


:cool:

US - uni drop out rates.jpg
 

USTBasisRollCarry

New Member
Registered Member
  • In 2021, the highest level of education of the population age 25 and older in the United States was distributed as follows:
    • 8.9% had less than a high school diploma or equivalent.
    • 27.9% had high school graduate as their highest level of school completed.
    • 14.9% had completed some college but not a degree.
    • 10.5% had an associate degree as their highest level of school completed.
    • 23.5% had a bachelor’s degree as their highest degree.
    • 14.4% had completed an advanced degree such as a master’s degree, professional degree or doctoral degree.
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HereToSeePics

Junior Member
Staff member
Moderator - World Affairs
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They are still not citizens and are citizens of another country. In US immigrants become American.

We’re splitting hairs here on the semantics of a subjective matter. Citizenship is a status and I wouldn’t necessarily say that being a citizen is a condition of immigration. You have to see what the underling purpose of citizenship is - to get certain rights, entitlements and other benefits of “citizenship”. However, if the policies within Switzerland grants EU block immigrants similar benefits, there might not be much impetus to obtain actual Swiss citizenship.


  • In 2021, the highest level of education of the population age 25 and older in the United States was distributed as follows:
    • 8.9% had less than a high school diploma or equivalent.
    • 27.9% had high school graduate as their highest level of school completed.
    • 14.9% had completed some college but not a degree.
    • 10.5% had an associate degree as their highest level of school completed.
    • 23.5% had a bachelor’s degree as their highest degree.
    • 14.4% had completed an advanced degree such as a master’s degree, professional degree or doctoral degree.
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I would counter that the quality and utility of the bachelor and advanced degrees needs to be taken account rather than raw counts. Due to the federal backing of student loans, it encourages an artificially high number of highschool kids taking on massive debt to get degrees in fields where job prospects are low and pay in such fields would not allow them to pay off their loans+interest in any meaningfully amount of time. I.e. we end up with people on social security still trying to pay off their masters in poetry or history. Parents and high school college counseling is also to blame here as well. Not to mention the higher education industrial pipeline that artificially increases college enrollment for profit.

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:
  • 35 to 49: $42,373.23
  • 50 to 61: $42,290.32
  • 62 and older: $37,739.13
Not so great numbers
 

TK3600

Major
Registered Member
We’re splitting hairs here on the semantics of a subjective matter. Citizenship is a status and I wouldn’t necessarily say that being a citizen is a condition of immigration. You have to see what the underling purpose of citizenship is - to get certain rights, entitlements and other benefits of “citizenship”. However, if the policies within Switzerland grants EU block immigrants similar benefits, there might not be much impetus to obtain actual Swiss citizenship.




I would counter that the quality and utility of the bachelor and advanced degrees needs to be taken account rather than raw counts. Due to the federal backing of student loans, it encourages an artificially high number of highschool kids taking on massive debt to get degrees in fields where job prospects are low and pay in such fields would not allow them to pay off their loans+interest in any meaningfully amount of time. I.e. we end up with people on social security still trying to pay off their masters in poetry or history. Parents and high school college counseling is also to blame here as well. Not to mention the higher education industrial pipeline that artificially increases college enrollment for profit.

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:
  • 35 to 49: $42,373.23
  • 50 to 61: $42,290.32
  • 62 and older: $37,739.13
Not so great numbers
Of course quality matters. The original point was attractiveness of country for migration. People go to Switzerland for job and etc. They will leave the moment another place in EU has better offer. As such you will see an equally impressive emigration rate. American immigrants are long term immigrants, likely generational. How can you equate the quantity and ignore quality? Is foriegn born even accounting for people who are not immigrants? Like vacation goer.

The proper measure needs to at least account for immigration vs emigration rate. Citizenship is highest quality because it means even if out of country they are still people of the country.

Hong Kong has a lot of foriegners at 9.4% so I guess it is a major immigration place too? :rolleyes:
 

luminary

Senior Member
Registered Member
Oh and their air pollution is fast approaching India's too:

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, with people of color and those in Western states disproportionately affected​

More than 119 million residents – live with air pollution that can hurt their health and shorten their lives, according to a new report from the American Lung Association.
Wednesday’s 2023 State of the Air report, which focuses on ozone and particle pollution, shows the number of people living in counties with failing grades for daily spikes of particle pollution was the highest it has been in a decade.

Other signs of societal decay:
 

Chevalier

Captain
Registered Member

Ever wonder why the Indian gov. demands countries accept Indian migrants and “students“ if they want good relations with India? Because India cannot sustain the population it already has (hunger and malnutrition are already serious problems in India) and wants to offload the problem to other countries and furthermore, given caste nepotism, Indian diaspora will influence elections to favour India eg Modi and BJP and Adani networks of Indian satrapies.


the Kennedy’ s are a part of the US ruling elites. I believe the deep state put forth a Kennedy to head off trump‘s probably return to power.
 

qrex

New Member
Registered Member
Ever wonder why the Indian gov. demands countries accept Indian migrants and “students“ if they want good relations with India? Because India cannot sustain the population it already has (hunger and malnutrition are already serious problems in India) and wants to offload the problem to other countries and furthermore, given caste nepotism, Indian diaspora will influence elections to favour India eg Modi and BJP and Adani networks of Indian satrapies.
I feel like this isnt exactly right seeing as Sikh Indians and Punjabi Indians make up a disproportionate amount of the Indian diaspora and if anything these people are very antagonistic towards the Modi government and the BJP for reasons such as Hindi nationalism
 
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