Economy: The end of free trade
Globalization went wild from the 1980s to 2020s. Now we've gone full protectionism. Older workers pay the costs of this flip, at both ends.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
Globalization went wild from the 1980s to 2020s. Now we've gone full protectionism. Older workers pay the costs of this flip, at both ends.
In the 1990s and early 2000s, "microloans" and "microcredit" were the rage in spurring economic growth. But they did not work and left people in poverty.
Protectionism is now hip. Free trade is so 20th century.
Trump goes full protectionism, seeks to have Americans pay higher prices for most everything, declares free trade over.
Gen Z has done 4x more travel than Boomers at similar ages.
Travel writing has devolved into self-centered narcissism, where stories are about the writer, and not the destination.
Most countries require commercial drivers to speak the local language. Except the U.S. Many states offer the exam in multiple languages and issue licenses to illegal aliens.
The US - and sanctuary cities and states - have historically taken a relaxed approach to illegal immigration. Other countries do not treat US citizens so nicely.
35-45% of BigTech employers tech staff have a graduate degree.
We know that 15.8% of the US population was foreign born in early 2025. But that population is not distributed equally in the country.
The H-1B program was created after a flawed NSF model (since discredited) projected a shortage of STEM workers.
I asked AI since I had not seen this terminology until today.
Some one from India claims on social media that America has no smart people in Kansas or Idaho. Let's take a look.
More reasons why importing foreign workers won't solve the root cause issues of declining labor supply.