Skip to main content

View Diary: CBO: Deficit will tumble this year, but obsession with fiscal tightening will hurt economic growth (67 comments)

Comment Preferences

  •  before - they are blaming it on him (1+ / 0-)
    Recommended by:
    Pluto

    Please don't get my hopes up about them leaving....

    The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men.

    by xxdr zombiexx on Tue Feb 05, 2013 at 04:24:45 PM PST

    [ Parent ]

    •  White flight (1+ / 0-)
      Recommended by:
      xxdr zombiexx
      According to Bob Adams, CEO of New Global Initiatives, one and a half million U.S. households are preparing to move out of the U.S. The vast majority of émigrés are in their 20s, 30s and 40s—not the older retired crowd. And we are not talking about the next major deployment of National Guard units to the Middle East. In fact, none of the emigrants are government workers or corporate employees leaving for temporary overseas assignments. This is a group of malcontents and adventurers. This news comes from a 2011 Zogby International poll of 115,000 Americans conducted from 2009 to 2011.
      A recent Barron’s article, written by Bob Adams, breaks down the Zogby/New Global Initiatives data as follows:

      1.6 million (U.S. households) have already made the decision to leave;
      1.8 million are seriously considering and likely to leave;
      7.7 million are somewhat serious about leaving and may do so;
      3 million are seriously considering purchase of non-U.S. property;
      10 million are somewhat serious about purchase of non-U.S. property.

      Adding it all up, according to Mr. Adams, some 10% of all U.S. households are looking to leave the country, while another 11% are considering living outside the U.S. at least part-time.

      This trend was up from 2009, so what changed? Let us look at the breakdown of the American population by age group. Those from 25 to 34 years of age are young adults, some 42,000,000 of them. They are among the most energetic, innovative and creative Americans. They go where they feel the jobs and excitement are. Mr. Adam’s wider research indicated a growing interest in Asia and Latin America, less so in Europe. Asia and Latin America have growing economies while Europe is stagnate like America.

      In 2009, less than 1% of this age group was actually in the planning stages of relocation. In 2011, it was 5.1%. While the 35-to-54 and 55-to-69 age groups also set new highs, it is those aged 25 to 34 who are the major factor in the increase of interest. Behind them, the 18-to-24 age group includes many still in school or unable to find jobs. Those “seriously interested and likely to relocate” and those “somewhat interested and may relocate” rose to 39.6%. In other words, nearly 40% of that age group has turned their minds toward leaving the U.S., whether or not they can afford it right now. In 2007, that total was just over 15%.



      Denial is a drug.

      by Pluto on Tue Feb 05, 2013 at 04:32:54 PM PST

      [ Parent ]

      •  I caught this article on Farrakhen's website (0+ / 0-)

        (I know, I know -- but the author is a PHd. anthropologist.)

        After America’s first Black President was re-elected to almost 1 million or more Americans have signed petitions on the White House website (https://petitions.whitehouse.gov/) asking to secede from the Union.

        While it has been hard to get Black people, who have suffered for over 400 years under White leadership, to even think about “separation,” many White people simply cannot take another 4 years of living in this country under a Black President.

        At first these calls for separation or secession were overlooked or ignored by the mainstream media, but now governors of states like Texas and Tennessee have come forward to advise their constituents of the ramifications of secession from the Union.

        Many of the states that have the most petitioners are not in a good fiscal position to pull out from the Federal government, because they get more federal revenue dollars than they contribute in taxes. No federal assistance means no more upkeep for highways, interstates or bridges, no federally funded law enforcement and fire departments, no public libraries, no phone lines, no cable television, no cell phone towers, no power grids, no water lines, no mail services, no paramedics, no hospitals that accept Medicare/Medicaid funding, and the list goes on.

        After these hotheads cool down a minute, they may decide to take the route that many expatriates have taken in the last few years—leave the country.



        Denial is a drug.

        by Pluto on Tue Feb 05, 2013 at 04:39:51 PM PST

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site