A smaller share of Americans moved last year that at any time on record, as I noted in a previous post. Nearly six in ten Americans live in the state where they were born, according to the U.S. Census bureau. But there is considerable variation from state to state, as the map (above) by Zara Matheson of the Martin Prosperity Institute shows. More than three quarters of the people in Louisiana (78.9 percent), Michigan (76.6 percent) and Ohio (75.1 percent) were born there, as opposed to just 24.3 percent of Nevadans, 35.2 percent of Floridians, 37.2 percent of the residents of Washington, D.C., and 37.7 percent of Arizonans. A high level of home-grown residents is also indicative of a lack of inflow of new people.
Daily Archives: November 26, 2011
Looking back on USMC thanksgivings, reminding us of things for which we should be grateful
Summary: a guest post by Beth Crumley, a Marine Corp retrospective about Thanksgivings past. This reminds of how much we have to be grateful before, and the price paid for our liberty and prosperity. Reposted with permission from the Marine Corps Association website.
I love this time of year. I love walking outside on a crisp, autumn morning and hearing the leaves crunch under my feet, and the smell of a wood fire in the air. It’s a reflective time…a time to take stock of what’s important in our lives. This weekend I was happily engaged in some pre-Thanksgiving tasks. I put a large pot of poultry stock on to cook, made pastry dough and even roasted off some pumpkins for pie. Later, while sitting at my desk, I looked at the calendar and realized that 68 years ago the battle for Tarawa raged. I started to think about those who have served, and those who serve today, and how difficult it must be to be separated from family and friends on the holidays we hold most dear.
The Marine Corps has long taken particular care to ensure that those who cannot be with their families still celebrate Thanksgiving. In times of war, that has proven challenging.
On 26 November 1942, Thanksgiving Day, Marines were battling the Japanese on Guadalcanal. The diary of one veteran noted, “Thanksgiving…air raid siren at 3:30 A.M….very little sleep.” A history of the 1st Battalion, 11th Marines noted:
Death of a currency as eurogeddon approaches
The defining moment was the fiasco over Wednesday’s bund auction, reinforced on Thursday by the spectacle of German sovereign bond yields rising above those of the UK.
If you are tempted to think this another vote of confidence by international investors in the UK, don’t. It’s actually got virtually nothing to do with us. Nor in truth does it have much to do with the idea that Germany will eventually get saddled with liability for periphery nation debts, thereby undermining its own creditworthiness.
No, what this is about is the markets starting to bet on what was previously a minority view – a complete collapse, or break-up, of the euro. Up until the past few days, it has remained just about possible to go along with the idea that ultimately Germany would bow to pressure and do whatever might be required to save the single currency.