This blog compiles the thoughts of UCLA undergraduates on the connections between economic history and current events. All contributors to this blog are enrolled in Ec183, The Development of Economic Institutions in the United States. The premise of this course is the history matters. The careful application of economic theory and quantitative reasoning can help us understand the past.
Tuesday, November 15, 2011
The Elusive Progressive majority
The latest issue of the Economists points out that how elusive demographic changes can affect presidential elections. It says that by the year of 2050, the white is no longer the majority of U.S. population. The Latino share of population will double from 15% to 30%, African-American and Asian-Americans will grow from 19% to 24%. Due to the trend that minorities like to vote for Democrats, it is a bad news for the Republicans for sure. Immigrations not only affect the economic aspect of lives, surely political aspects too.
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