Escalations in America

The markets keep reacting to the escalations in trade tensions.

People keep reacting to the no-tolerance policies on immigration, separating children from their parents. Though this policy was finally reversed by Trump, there are still many issues…

Our politics are so charged with ideological differences that there’s no focus on the facts. 

That’s where we can shed some light.

The so-called “flood” of illegal (and legal) immigrants is long over. Immigration first peaked in 1991, and again in 2000.

It’s been falling sharply since. 

And the illegal immigrant population peaked in 2007, but has declined 4%… More are leaving than entering.

So, where’s the flood?

Arrests per month at the border were down to 21,000 in 2017 compared to 134,000 in 2000.

Yes, there are unfair tariffs and trade agreements that counter U.S. interests. 

But they are something different, and need to be solved individually based on the facts.

The 10% tariff against autos in Europe also protects American automakers — who have a substantial production there for European markets — from the Japanese. Germans largely export luxury cars where there is little competition from the U.S. automakers, except “style-dated” Cadillacs.

Do you think that will stop the status-conscious rich here? 

China has the worst imbalance of exports to us versus our exports to them. But we should realize that stopping the trend will cause higher prices to everyday Americans at stores like Wal-Mart.

I’d rather hear a lot more facts and realistic policy solutions rather than heated rhetoric and ideology.

And I’ve got more to say in today’s video. Click here, or click the video below to watch. 

 

Harry

Follow Me on Twitter @harrydentjr 

Harry Dent

Bestselling author and founder of Dent Research, an affiliate of Charles Street Research. Dent developed a radical new approach to forecasting the economy; one that revolved around demographics and innovation cycles.