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May 25, 2021 NEW HAVEN, Connecticut – After Donald Trump’s 2016 U.S. presidential election victory, Yasushi Akashi, a former under-secretary-general of the United Nations, invited me to lunch in Tokyo, at a club near the Akasaka district. “In a decade or two, U.S. demography will change so that it will be impossible to neglect the voice of the country’s nonwhite people,” Akashi said to me. “This election may be the last chance for white people to resist this change in the tide.” Incidentally, the club where we met was owned by a zaibatsu (business conglomerate) family that, at least at the time, did not admit women as members. But while a gender barriers exist in both Japan and the United States, America must also contend with long-standing and systemic racial inequality, as well as a related and increasingly polarized immigration debate. ....
America’s immigration calculus May 09,2021 - Last updated at May 09,2021 NEW HAVEN After Donald Trump’s 2016 US presidential election victory, Yasushi Akashi, a former undersecretary general of the United Nations, invited me to lunch in Tokyo, at a club near the Akasaka district. “In a decade or two, US demography will change so that it will be impossible to neglect the voice of the country’s non-white people,” Akashi said to me. “This election may be the last chance for white people to resist this change in the tide.” Incidentally, the club where we met was owned by a zaibatsu (business conglomerate) family that, at least at the time, did not admit women as members. But while a gender barrier exists in both Japan and the United States, America must also contend with long-standing and systemic racial inequality, as well as a related and increasingly polarised immigration debate. ....
Incidentally, the club where we met was owned by a zaibatsu (business conglomerate) family that, at least at the time, did not admit women as members. But while a gender barrier exists in both Japan and the United States, America must also contend with long-standing and systemic racial inequality, as well as a related and increasingly polarized immigration debate. The US, of course, is a country of immigrants; even the first Native Americans are believed to have arrived from Asia across what is now the Bering Strait. In 2019, 28.4 million of the 166.3 million people in the US civil labor force, or 17%, were foreign-born. Those immigrants help to counter the labor shortage resulting from America’s relatively low birth rate, as well as a lack of highly skilled US workers. They also stimulate the labor market by adding diversity to America’s human capital. ....
Mar 3, 2021 New Haven, Conn. – U.S. President Joe Biden’s proposed $1.9 trillion pandemic recovery plan has been welcomed by many, especially on the left, who argue that such an ambitious, well-targeted strategy is precisely what this moment demands. Not surprisingly, many on the right oppose it, ostensibly over concerns about fiscal sustainability. But questions are also being raised by one high-profile Democratic stalwart: Lawrence H. Summers. Summers is no stranger to stimulus. After the 2008 financial crisis, President Barack Obama appointed Summers who had served as treasury secretary under President Bill Clinton to head the National Economic Council to advise Obama on how to respond. Recognizing the importance of fiscal policy during crises, Summers was involved in crafting the American Recovery and Reinvestment Act (ARRA) of 2009. ....