Economic Driven Cultural Diversification (EDCD) is my view of the next opportunity in economic development and business opportunities. I have had this view for about 10 years, however due to current global, political, and economic conditions I see pent up opportunities starting to emerge in the next 1 to 3 years.
The premise being that immigration has given the USA a steady, consistent supply of low skilled workers. This has allowed our economy to achieve productivity gains and world leadership in many industries. In turn this economic development added to our GDP and our productivity as we became the world industry leader. A healthy GDP has contributed to a standard of living and quality of life that is the envy of the world.
The early part of this decade saw the debate on Immigration Reform intensify as we also responded to a global terrorism movement against our country. When the global recession hit, our attention was taken away from the Immigration Reform issue. However, the Hispanic issue is still there and evolving. Recent articles discuss how important their political clout is increasing and any economic response will need to address this segment.
I would appreciate anyone’s thoughts on this as I continue to refine my opinion on an economic and social response to this issue. I will continue to discuss my take on the coming Hispanic Business Bubble in coming blogs.
Tuesday, February 23, 2010
Monday, February 22, 2010
Hispanic Business Bubble
Economic Driven Cultural Diversification (EDCD) is my view of the next opportunity in economic development and business opportunities. I have had this view for about 10 years, however due to current global, political, and economic conditions I see pent up opportunities starting to emerge in the next 1 to 3 years.
The premise being that immigration has given the USA a steady, consistent supply of low skilled workers. This has allowed our economy to achieve productivity gains and world leadership in many industries. In turn this economic development added to our GDP and our productivity as we became the world industry leader. A healthy GDP has contributed to a standard of living and quality of life that is the envy of the world.
The early part of this decade saw the debate on Immigration Reform intensify as we also responded to a global terrorism movement against our country. When the global recession hit, our attention was taken away from the Immigration Reform issue. However, the Hispanic issue is still there and evolving. Recent articles discuss how important their political clout is increasing and any economic response will need to address this segment.
I would appreciate anyone’s thoughts on this as I continue to refine my opinion on an economic and social response to this issue. I will continue to discuss my take on the coming Hispanic Business Bubble in coming blogs.
The premise being that immigration has given the USA a steady, consistent supply of low skilled workers. This has allowed our economy to achieve productivity gains and world leadership in many industries. In turn this economic development added to our GDP and our productivity as we became the world industry leader. A healthy GDP has contributed to a standard of living and quality of life that is the envy of the world.
The early part of this decade saw the debate on Immigration Reform intensify as we also responded to a global terrorism movement against our country. When the global recession hit, our attention was taken away from the Immigration Reform issue. However, the Hispanic issue is still there and evolving. Recent articles discuss how important their political clout is increasing and any economic response will need to address this segment.
I would appreciate anyone’s thoughts on this as I continue to refine my opinion on an economic and social response to this issue. I will continue to discuss my take on the coming Hispanic Business Bubble in coming blogs.
Get Ready for 2011 (Or 2013)
Let’s get ready for 2011 or 2012. After watching The State of the Union, it looks like we will need to wait until then to do anything in business. Obama portrayed himself for what he was during the campaign. It seems like the electorate picked him for what they saw. It continues. I am treading water and waiting for the economy to kick back.
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