Archive for the 'Latino Revolution' Category

Census Income Inequality Graph

February 23, 2007

Figure 1 – Change in Income Inequality for Families: 1947-1998 Census.

old link, may not work:

Above is the Income Inequality Graph.

The Census page on income inequality is:

Immigration has two effects, a direct effect to increase population and a substitution effect, to substitute immigrants for births.

At a certain point, the population has to stop growing. At that point, the direct effect is zero, and every immigrant substitutes for a birth. This is simple, but key to internalize.

Fertility is below replacement in most groups in the US. This is caused by the substitution effect.The substitution effect doesn’t wait for population to reach its maximum, it starts early and is already causing fertility to be below replacement.

The causal mechanism of low fertility is lack of job security which means young adults can’t get married have kids and stay married. When young adults see that, teens
see it. The reason teens and young adults have angst, crime, drugs, is because they can’t get good jobs, get married and have kids themselves out of high school or in or just out of college.

The only society that is safe to live in is one that is child oriented. The only way a society is child oriented is if young adults have job and economic security to get married out of high school or in college and have kids while their biology tells them to.

When society takes away their job security while their biology says have kids, the mixed message results in crime, drugs, and increasing misery of all kinds.

Immigration takes away job security, that is the whole point of it.

This article originally grew out of a comment on an article by Dick Morris. Dick Morris was born in 1948 and became 21 in 1969. The all time low in income inequality was 1968. Income inequality fell during immigration restriction. After the 1965 Immigration Act it went up.

Morris thinks the reason he could have a family and a great career is he is smart and hard working. The real reason is he was born at the right time in the income inequality graph.
The Latino Revolution
By Dick Morris | February 23, 2007

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