As we look ahead, we need to talk about how to catalyze our economy and return to the growth we have experienced in the past.. President Ronald Reagan understood the value of encouraging investment in areas of growth and welcoming immigrants to supplement our existing workforce so we could increase goods and services production while creating more jobs. During President Bill Clinton's administration, GDP growth was even higher.
. In fact, according to the report, U.S. Latino GDP is now at $2.6 trillion, an 8.7 percent growth rate from 2017 to 2018. That’s a growth rate outpacing India and China. Given its trajectory, U.S. Latino GDP is poised to surpass France, the U.K. and India — possibly within the next five years.This unprecedented economic growth train left the station back in 2005 and has been gaining speed ever since. More and more U.S.
The good news is the economic momentum of the U.S. Latino cohort has so far been able to overcome the headwinds it has faced from anti-immigration policies and anti-Latino rhetoric. Making this growth even more remarkable is that the U.S. Latino cohort is one of the most under-capitalized cohorts in our country, and therein lies our unparalleled opportunity.
Asset management firms, CEOs, corporate boards, nonprofits, everyone responsible for managing assets for returns, investing assets for returns and allocating resources for returns should begin deploying their capital where the growth is in our economy: the U.S. Latino cohort. This is our nation’s differentiating competitive advantage versus other large, aging economies.
THINK This cover pic makes me miss Miami and my cafecitos. 😔
THINK Trump is a liar and pure racist
THINK I’ve worked in construction for over 40 years alongside Latinos. They are some of the hardest working and most talented people on the planet.
THINK trump primer asalto de campaña de rump fue contra los latinos: violadores y asesinos. Su muro demente y atacar a Puerto Rico fue poco después. Recuerde que quiere hacer que Estados Unidos vuelva a ser blanco.
THINK The only time trump loves Latinos is when he wants votes
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