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11:37AM

Asians become America's top incoming immigrant cohort

From WSJ story noting that fastest-growing pop groups "supplies US with skilled workers."

And before you start griping about too many Asian immigrants:

Half of Asians have a college degree, compared with 30% for all Americans, and their median annual household income is $66,000, versus $49,000 for Americans as a whole.

Asians are more likely than the overall U.S. population to be married, or to live in a multigenerational household, and their children are more likely to be raised in a two-parent home, the report says.

"Asians exceed Americans on educational credentials and socioeconomic markers of success despite being predominantly first-generation immigrants," Mr. Taylor said. He added this sets Asians, three quarters of whom are foreign-born, apart from previous waves of immigrants.

So plenty to like.

The key reason why China ages 3x faster than America over the next four decades (PRC's median age rises from 36 to the late 40s by 2050 while America goes from 36 to just under 40) is that America takes in immigrants - Asians and Latinos.

Our immigrant nation status remains our greatest long-term strength.  China will belong to the old-crew powers come 2050.  America will be sitting with the young-crew great powers (India, Brazil, Turkey, South Africa, Indonesia, etc.).

References (1)

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Reader Comments (1)

"Unfortunately for the Chinese leaders, all the people in the host countries get a vote in peace." Do you think we are becoming a "host" country, or are these new Asian coming to take advantage of the superior American Capitalism?

June 20, 2012 | Unregistered Commenterlarrydunbar

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