It seems like wasted government spending should be subtracted from the GDP figures.
Is it really necessary for Francis in his first sentence, to write that July 2023 was a few years ago?
the neoCON bush/romney butt lickers want America to just be an economic zone. Nothing more. Ruled by the 1% elites who got their riches through cronyism and government contracts - served their drinks at the country club by 3rd worlders that will work for less than minimum wage.
well i want to live in a nation. A nation of similar, shared values, beliefs, and heritage. A nation of people descended from similar backgrounds and people of the same religion who form a national culture to be proud of. Not just an economic zone where the rich are free to cry “muh free markets!” when the serfs ask for extra gruel. Not a nation where the self-appointed elites are then free to manipulate the free market to their benefit by massively inflating the supply illegal labor.
Free traitors, neoCONs, and open border globalists are scum of the earth and they do the bidding of their father the devil who also seeks a one-world government that tries to erase Christianity in a sea of ‘diversity’.
The Cato Institute has been a domestic enemy of the American people for decades.
This was evident as early as the Reagan years when Cato strongly opposed Reagan’s policy of protecting semiconductor manufacturing against Japan’s industrial policy that was gutting entire American industries.
These libertarian traitors have no more respect for borders than Obama and Biden. If you want to destroy America by mass immigration either one of those groups will happily do it.
Flooding the labor market with immigrants depresses wages and ruins the lives of the people.
Take all government spend out of the GDP. It is not GDP. as it is not a product.
CATO has always been crap.
(And I’m a small-l libertarian/classical liberal.)
“If immigrants with no understanding of these institutions and processes get brought in faster than they can be assimilated, the consequences can be catastrophic.”
That’s not the only problem with massive infusions of cheap labor AND housing demand.
Only in Manhattan can the debate be so tepid and skewed.
Screw that.
1) I have no interest in the "world GDP".
2) We see time and time again these "poor people" getting jobs for what is to them vast sums of money, then they party, drink, and drive, and kill Americans in DUI incidents. Texas alone is full of these stories.
Because due to the cost of living in most places, the income increases are a wash at best!
Irish, Italians, Germans, Poles and a few others have assimilated while maintaining their cultural heritage. Why can’t the new ones follow suit?
Same math applies to worthless, even destructive, Civil Service jobs at all levels of government, and to government grants to NGOs to produce worthless reports and propaganda.
While ago, most of the human history, there was no welfare, but subjects were taxed.
Immigrants were generally welcomed then.
They did not cost anything, but they were potential source of taxes for the sovereign.
But even then, there were cultural and nationalistic conflicts between immigrants and natives.
Welfare makes it a lot of worse, because people moves are motivated by it!
The unconstrained immigration is not compatible with welfare state!
No one should get in except on:
invite (visa, time limited, requirement to become a citizen or leave) or
thoroughly vetted — this includes all family members. E.g., if a cousin wants in but has bad vetting results he is not allowed in. If that bothers the sponsoring family they all lose access.