Majority vs. Minority by 2050

usakos · 02-11-2008, 04:11 PM

Part of the key to your business success is to clearly define your target market segmentation both by audience, gender, ages and most importantly; location.

And if you're in business that provides products or services for certain class of audience, then you better start planning.

Read the story below and see where we are headed. Well, it's well documented that black buying power in America reaches billions of dollars each year, so in 50 years, if your audience are mostly blacks and Hispanics, then you'll need to double your production quotas as these will become the majority.

Whites to be minority in US by 2050 study
Yahoo! News
Mon Feb 11, 11:50 AM ET

Immigration will drive the population of the United States sharply upward between now and 2050, and will push whites into a minority, projections by the Pew Research Center showed Monday.

"If current trends continue, the population of the United States will rise to 438 million in 2050, from 296 million in 2005," an increase of nearly 50 percent, the study by the Washington-based think-tank said.

More than 80 percent of the increase will be due to immigrants arriving in the country and their US-born children, who will make up nearly one in five Americans by 2050 compared with one in eight in 2005, it said.

Whites, who currently make up around two-thirds of the US population, will become a minority (47 percent) by 2050, the report said.

The Hispanic population, currently the largest minority group, will triple in size and double in percentage terms from 14 percent in 2005 to 29 percent in 2050, the report said.

The Asian population will roughly double in percentage terms, from five percent to nine percent, while the black population will remain static at around 13 percent.

The projections are based on trends over the past 50 years, during which legal and illegal immigration have played an increasing role in US population growth, the report said.

From 1960 to 2005, new immigrants and their US-born descendants accounted for 51 percent of population increase, and for 58 percent from 1980 to 2005, the report said.

But, the report warned, "possible future changes in immigration policy" could impact the projections.

Illegal immigration has become a top issue in the race for the US presidency, especially among Republican candidates, most of whom favor of a crackdown.

usakos · 02-11-2008, 04:24 PM

I don't need to edit my post far above. i re-read it and it reads as I wanted it to say.

Perhaps you may need to read it again.

There's insert which I copied from Yahoo! News as clearly marked and the link to its source is provided also.

usakos · 02-11-2008, 07:13 PM

Quote:

Originally Posted by jasaunders

LMAO! You did edit your post and you specifically removed the part I was talking about, which broke my quote block from the previous post.

Way to go saying your post makes sense and not editing it, then you edit it.

jasaunders; i only edited the typo by replacing "majorities" with "majority".

I am human and I do make errors, typos, or misspellings, and sometimes I do edit my typos all the time, so that's nothing for anyone to be concerned about. I thought you were referring to the whole thread statement, not the little typo if that's what you're referring to. One should try instead to focus on the overall idea/statement, not the minor typos.

usakos · 02-11-2008, 07:25 PM

Quote:

Originally Posted by jasaunders

Wow, you are such a liar. I am done, you have absolutely no credibility with me anymore. This thread should just be deleted.

i have no quarrel with you and will never have quarrel with you over a thread, whether you call me whatever you want. I don't have to lie for a thread I created and posted about a group of minorities "manority" and majorities "majority" in 2050.

Theros · 02-11-2008, 09:12 PM

how the hell is 47% a minority? I just don't get that...this is coming from an Asian.

SlvrBulletV6 · 02-11-2008, 10:22 PM

Quote:

Originally Posted by Theros

how the hell is 47% a minority? I just don't get that...this is coming from an Asian.

LOL! Well, in business jargon a majority of members could mean anything greater then 50%....so 47% could still be considered a minority? (*Shrug*)

SendBlast · 02-11-2008, 10:53 PM

47% can be a majority, if there is nothing larger than it.

BusinessAdviser · 02-12-2008, 12:37 AM

Oh my gosh, here I go again. Me and my big mouth!

THIS POST IS NOT INTENDED TO DISCREDIT OR OFFEND ANY USER AT ALL, INCLUDING THE ORIGINAL POSTER. IT IS MEANT TO ADDRESS AN ISSUE AND NOT A PERSON.

I can somewhat see the relevance of this thread. However, there are quite a few other threads that are posted that seem to have no relevance but to spark heated emotional and personal debates. I'm curious as to whether we are starting threads for the purpose of engaging in intellectual conversation or solving problems, or because threads with a greater number of responses provide the original poster with more of these YE points. This thought came to mind after I read a post asking members to provide their net worth, which was then followed by another post by the original poster: "post your net worth and make this thread real long...!" I'm drawing no conclusions, making no accusation, and naming no names. Either way, I don't care. I'm just curious.

REMINDER - THIS POST IS NOT INTENDED TO DISCREDIT OR OFFEND ANY USER AT ALL, INCLUDING THE ORIGINAL POSTER. IT IS MEANT TO ADDRESS AN ISSUE AND NOT A PERSON.

Cole Taylor · 02-12-2008, 12:39 AM

Quote:

Originally Posted by Theros

how the hell is 47% a minority? I just don't get that...this is coming from an Asian.

Your nationality has hereby been revoked.

BusinessAdviser · 02-12-2008, 12:57 AM

Aside from the numbers, this thread does raise a very important broader issue for companies to address: No market is unchanging.

As entrepreneurs, we all need to be aware of our constantly-changing markets, adjust our businesses accordingly, and try to head them off wherever possible.

mattSantill · 02-12-2008, 02:00 AM

I'm not going to comment on the thread I just love Jmeng's *WARNING* messages...
I would just put an * and follow up at the bottom in small print.

BusinessAdviser · 02-12-2008, 02:03 AM

Quote:

Originally Posted by mattSantill

I'm not going to comment on the thread I just love Jmeng's *WARNING* messages...
I would just put an * and follow up at the bottom in small print.

I wish I didn't have to.

Way to stick to making a post relevant to the thread rather than trying, once again, to get just at someone personally, huh?! I thought we all got that out of our systems the other day.

mattSantill · 02-12-2008, 02:22 AM

It's amusing...
Glad I'm not the only insomniac tonight.

Well I'll comment on the thread anyway

Pew Research article
Pew Research Center: Immigration to Play Lead Role In Future U.S. Growth

"The nation's elderly population will more than double in size from 2005 through 2050, as the baby boom generation enters the traditional retirement years. The number of working-age Americans and children will grow more slowly than the elderly population, and will shrink as a share of the total population."

Consider getting into the healthcare industry..... I know it's not new news.... but I think business is there now and it'll be there for many more years. And the immigration issue... well that's great the more young people the better.... maybe by the time I'm a senior this social security problem will be solved.

Theros · 02-12-2008, 10:02 PM

Quote:

Originally Posted by Cole Taylor

Your nationality has hereby been revoked.

Do I really care though? My plan is hardly to stay here in the long term anyway. I just don't understand how 47% is considered a minority when it's still the SINGLE LARGEST GROUP in the US.

I'm beginning to hate all that crap about being PC nowadays, and I totally agree that this thread is totally unnecessary.

SlvrBulletV6 · 02-13-2008, 12:01 AM

Quote:

Originally Posted by jmenq2

Oh my gosh, here I go again. Me and my big mouth!

THIS POST IS NOT INTENDED TO DISCREDIT OR OFFEND ANY USER AT ALL, INCLUDING THE ORIGINAL POSTER. IT IS MEANT TO ADDRESS AN ISSUE AND NOT A PERSON.

I can somewhat see the relevance of this thread. However, there are quite a few other threads that are posted that seem to have no relevance but to spark heated emotional and personal debates. I'm curious as to whether we are starting threads for the purpose of engaging in intellectual conversation or solving problems, or because threads with a greater number of responses provide the original poster with more of these YE points. This thought came to mind after I read a post asking members to provide their net worth, which was then followed by another post by the original poster: "post your net worth and make this thread real long...!" I'm drawing no conclusions, making no accusation, and naming no names. Either way, I don't care. I'm just curious.

REMINDER - THIS POST IS NOT INTENDED TO DISCREDIT OR OFFEND ANY USER AT ALL, INCLUDING THE ORIGINAL POSTER. IT IS MEANT TO ADDRESS AN ISSUE AND NOT A PERSON.

Hilarious Disclaimer. {I was sort of thinking the same thing.}