goldenloi
goldenloi t1_jad6cu7 wrote
Reply to comment by attofreak in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
>You are getting engineers, doctors, professors, phd students on scholarships and affluent families as your immigrants
Only about half of US immigrants have graduated high school (or equivalent)
goldenloi t1_jad9vra wrote
Reply to comment by MoondropS8 in The Fed is yet to catch up to the Taylor Rule estimate by Surlax
A lot of people think the current numbers are BS, myself included. At very least, they don't reflect the true state of the employment market because of the way they are calculated.
But you're right. I think it will get there in the second half of this year.