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Here's How the Trump Muslim Ban Will Slam U.S. Economy
Forbes ^ | 2/1/17 | John Wasik

Posted on 02/07/2017 10:29:09 AM PST by fivecatsandadog

The travel curbs on people coming in from selected Muslim countries is going to hurt the U.S. economy. President Trump and his advisers are bamboozling Americans into thinking that it's all about national security.

The ill-conceived, cruel restriction of just a handful of Muslim-dominated countries is a sideshow to some harmful moves that Trump has promised. A potential trade war will cripple the U.S. economy in a number of ways. It starts with restricting people from emigrating to the U.S.

Financial markets on Monday initially reacted negatively to the Trump ban. The value of the dollar relative to other world currencies also declined.

Most of all, any punitive immigration ban discourages people who want to start businesses and prosper in the U.S. from emigrating. I know a young Syrian lawyer who's trying to move here from Saudi Arabia to start a business in America and is stymied in his diligent efforts to start a new life. The whole prospect of immigration discrimination is un-American.

Promising researchers, engineers, academics and other professionals will stay away from the U.S. if the know they're not welcome or will be routinely detained and interrogated at U.S. airports. I know one Iranian scholar who's been arrested and detained in his own country and came to the U.S. for academic and religious freedom.

Of course, leading minds in any field have their choice of countries in which to settle and work. They can go to Canada or Europe, or perhaps China, which is always trying to recruit top intellects.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Foreign Affairs; News/Current Events
KEYWORDS: immigration; muslim
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To: fivecatsandadog
This is really so ridiculous. Spent much time during my career working with and supervising.

They hated working for me because I was a woman. I had one young man who took personal calls while I was trying to have a business meeting with him.

Their work was substandard because they used every shortcut in the book and thus their product was not fool proof. Another reason to hate their woman project leader. I made them go back and do it right. I worked with other project leaders who just overlooked it and had everything fixed once they left.

Also, I mentioned this because it happened at my company and others. Some of them work long hours and after everyone leaves they go into conference rooms and use the telephone to call home. It seems to be a constant problem. And it does costs the company and usually ends in all employees being punished because they don't want to accuse unfairly, but Hello who calls India?

The primary purpose for hiring these people is to underpay them, but you do get what you pay for. I guess in this sense it would seem to hurt the economy because you will have to pay more to get the same work done, but not really when you consider the quality of work.

21 posted on 02/07/2017 10:40:11 AM PST by w1andsodidwe (TRUMP. He makes me smile, too.)
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To: fivecatsandadog
Here's how the pantheon of experts will be discredited:

Everyone of their doomsday predictions fail to happen.

22 posted on 02/07/2017 10:40:42 AM PST by Pietro
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To: fivecatsandadog
The travel curbs on people coming in from selected Muslim countries is going to hurt the U.S. economy

Barbara Streisand.

23 posted on 02/07/2017 10:41:20 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: dfwgator

Awe Geez. They can wait 90 days. Takes longer than that to get a building or health department permit in some locales.

Oh yeah, and the will have to pass Extreme Vetting. Our (OUR) Economy does not need nor want those failing that.


24 posted on 02/07/2017 10:42:18 AM PST by epluribus_2 (he had the best mom - ever.)
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To: fivecatsandadog

I guess they didn’t see the word “temporary” in the EO. How it looks in the future is anyone’s guess.


25 posted on 02/07/2017 10:45:21 AM PST by Boomer (You can't shame a fascist leftist (liberal) because they don't understand the concept of honor.)
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To: fivecatsandadog

Gotta be satire.


26 posted on 02/07/2017 10:46:08 AM PST by Ray76 (DRAIN THE SWAMP)
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To: fivecatsandadog

This came from Forbes ? Wow.


27 posted on 02/07/2017 10:46:28 AM PST by onona (Keeping the faith will be our new directive for the republic !)
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To: fivecatsandadog

We don’t need even ONE (1) person from another country to work in our corporations. If you can find a surgeon, rocket scientist, or the top physicist in the world and want to bring them in, why not? They are not bringing in the best, they are just shunting American workers to the sidelines to save money.


28 posted on 02/07/2017 10:46:47 AM PST by Glad2bnuts (If Republicans are not prepared to carry on the Revolution of 1776, prepare for a communist takeover)
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To: fivecatsandadog

So what percentage of GDP is produced from people of these nations?


29 posted on 02/07/2017 10:46:52 AM PST by fruser1
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To: fivecatsandadog

Apparently not allowing German, Italian and Japanese Engineers to Immigrate during WWII impacted the U.S. Defense Industry so much that they couldn’t Manufacture Aircraft, Tanks, Weapons and Munitions to help defeat the Axis Powers.

I have no idea how we pulled it off without them. #;^)


30 posted on 02/07/2017 10:47:43 AM PST by Kickass Conservative ( Democracy, two Wolves and one Sheep deciding what's for Dinner.)
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To: fivecatsandadog

Pure greed. A lot of the financial pseudo-conservatives only care about corporations making money. they don’t care if all sorts of Americans get displaced in the process.

Besides its BS anyway.


31 posted on 02/07/2017 10:48:58 AM PST by Cubs Fan (Did we riot when they won? No, because we are better people than they are.)
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To: fivecatsandadog

>> I know a young Syrian lawyer who’s trying to move here from Saudi Arabia to start a business in America and is stymied in his diligent efforts to start a new life.

There’s the problem. We have altogether too many lawyers already. We don’t need more.


32 posted on 02/07/2017 10:50:29 AM PST by BuffaloJack
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To: fivecatsandadog

Amazing how this GENIUS is able to know exactly what Trump is going to do AND exactly how it all will affect the markets.


33 posted on 02/07/2017 10:50:37 AM PST by billyboy15
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To: fivecatsandadog

Another globalist dolt.

These retards are just trying to keep their nest feathered...at the expense of the people of the United States.


34 posted on 02/07/2017 10:53:22 AM PST by Scott from the Left Coast
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To: fivecatsandadog

>> Promising researchers, engineers, academics and other professionals will stay away from the U.S. if the know they’re not welcome or will be routinely detained and interrogated at U.S. airports.

I work with these people. They are arrogant and don’t have nearly the command of the technical subjects they profess to know. I would rather work with someone equal in competence to myself, and they clearly aren’t.


35 posted on 02/07/2017 10:53:54 AM PST by BuffaloJack
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To: fivecatsandadog

I stopped at the title. It is not a muslim ban.


36 posted on 02/07/2017 10:54:47 AM PST by Chauncey Gardiner
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To: fivecatsandadog

There is no Trump muslim ban, and forbes is a leftist rag masquerading as a serious magazine.


37 posted on 02/07/2017 10:55:16 AM PST by I want the USA back (Media: willing and eager allies of the hate-America left.)
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To: BuffaloJack
They are arrogant and don’t have nearly the command of the technical subjects they profess to know

Because in their countries they were Big Men. Here they're just another guy in a cubicle.

And most of them understand little practical about machinery. If they did, their countries wouldn't look the way they do.

The U.S. never needed a single one of them. Coming here benefitted them, not us.

38 posted on 02/07/2017 10:56:59 AM PST by Regulator
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To: All

Forbes: You idiots! ITS NOT A MUSLIM BAN!


39 posted on 02/07/2017 10:58:01 AM PST by Coffee_drinker (Drain The Swamp.)
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To: Regulator

Cheap labor express Forbes and Chamber of HOES don’t want to pay Americans to do the work

H1b come in and they lay off experienced Americans like Disney. Disgusting.


40 posted on 02/07/2017 11:01:43 AM PST by Zenjitsuman (Y)
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