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New report finds that mass migration did not actually stimulate the economy as the left claimed it would do
American Thinker ^ | 05/10/2024 | Olivia Murray

Posted on 05/10/2024 7:51:52 AM PDT by SeekAndFind

As a Breitbart New item described it, there’s been a “narrative collapse” on the left, because the open borders mass migration scheme embraced by the globalist politicians in the West “has not actually stimulated the economy” as they promised, and has also been found to be “a major drag on public services and the housing sector.”

No kidding?

Here are the details, from journalist Kurt Zindulka:

While globalist advocates of mass migration argue that it increases tax revenues and lifts overall GDP, thereby giving governments talking points, on an individual basis there is a different story.

According to data from the Organisation for Economic Cooperation and Development (OECD), while the United Kingdom’s GDP grew by 0.1 per cent last year — amid record levels of immigration — GDP per person fell by 0.8 per cent, drastically behind the G7 average of 1.2 per cent, despite the UK seeing the second-highest level of population growth, which has largely been driven by mass migration, The Telegraph reports.

The CPS report remarked: ‘If large-scale migration of the sort we’ve seen is really so great for the economy, we have to ask ourselves why we are not seeing this in the GDP per capita data’.

So, you mean to tell me that importing millions of people from failed cultures with no real job skills and no desire or compulsion to function in a modern Western world, doesn’t really bring a whole lot of economic benefit to the people of the host nation? And when these migrants land in the West, they turn out to be a massive drain on taxpayer-funded services, and stress out the housing sector? Weird, because that’s exactly what we conservatives have been saying this whole time.


(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: economy; illegals; illegalsinvasion; immigration
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1 posted on 05/10/2024 7:51:52 AM PDT by SeekAndFind
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To: SeekAndFind

SOURCE:

https://www.breitbart.com/economy/2024/05/07/federal-reserve-chairman-migration-boosts-mortgage-rates/

[EXCERPT]

President Joe Biden’s migration crisis raises the mortgage rates that burden young couples and families, according to the president of the Federal Reserve Bank of Minneapolis.

‘While the long-run effect of increased immigration on inflation is unclear, immigrants nonetheless need a place to live, and their arrival in the U.S. has likely also increased demand for housing,’ said Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said on May 7.


2 posted on 05/10/2024 7:52:56 AM PDT by SeekAndFind
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To: SeekAndFind

So, y’all are telling me that somewheres out there are some people that actually believed anything (ANYTHING !) that some lefty had to say? Past the first 20-30 seconds it takes to sort out the word vomit and reconstruct what they said into English?

Really?

We definitely have to re-establish pcych wards for such Dubmbutts.


3 posted on 05/10/2024 7:54:51 AM PDT by bobbo666 (Baizuo, )
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To: SeekAndFind

Hmm... you mean it increased crime and added huge costs to local economies?

Who could have predicted that!? (hint: we did)


4 posted on 05/10/2024 7:55:55 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: SeekAndFind

Parasites thrive until they kill the host.


5 posted on 05/10/2024 7:56:42 AM PDT by drSteve78 ( Older Je suis Deplorable. Even more so)
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To: SeekAndFind

Well, there’s a big surprise. Everything the left says is a lie.


6 posted on 05/10/2024 7:57:05 AM PDT by Noumenon (You're not voting your way out of this. KTF)
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To: SeekAndFind

“However, if there is one man who can take the most credit for the 1965 act, it is John F. Kennedy. Kennedy seems to have inherited the resentment his father Joseph felt as an outsider in Boston’s WASP aristocracy. He voted against the McCarran-Walter Act of 1952, and supported various refugee acts throughout the 1950s.

In 1958 he wrote a book, A Nation of Immigrants, which attacked the quota system as illogical and without purpose, and the book served as Kennedy’s blueprint for immigration reform after he became president in 1960.
In the summer of 1963, Kennedy sent Congress a proposal calling for the elimination of the national origins quota system. He wanted immigrants admitted on the basis of family reunification and needed skills, without regard to national origin.

After his assassination in November, his brother Robert took up the cause of immigration reform, calling it JFK’s legacy. In the forward to a revised edition of A Nation of Immigrants, issued in 1964 to gain support for the new law, he wrote, “I know of no cause which President Kennedy championed more warmly than the improvement of our immigration policies.” Sold as a memorial to JFK, there was very little opposition to what became known as the Immigration Act of 1965.”


7 posted on 05/10/2024 7:58:56 AM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: bobbo666

For a migrant to be an economic net positive in his host nation, that means he would be paying more into the system than he is taking out.


8 posted on 05/10/2024 8:01:25 AM PDT by SeekAndFind
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To: SeekAndFind

Butt, butt, butt.......


9 posted on 05/10/2024 8:04:33 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: SeekAndFind

The left lie! Illegals cost this nation over 1 trillion dollars every year. Ot only that but they cause massive numbers of crimes and heartache and loss of lives every year as well.

Not to mention that nearly 70% go on welfare or gov programs, some to the tune of $45,000 a year when everything g is added up (new figures are much higher than that now), and they stay on welfare, never working a day in their lives.

If our gov is paying nearly 3/4 to sit at home smoking dope and drinking, and only roughly 1/4 actuslly work, how is that stimulatinG the economy? It is a net loss, not a net gain-

The stats about illegals i mention can be found in my profile,pagE, bu keep in mind that tEy are decades old stats and are actuslly much higher figures now. After everything is totalled up, we lose now likely over $1 TRILLION per year tO illegals.


10 posted on 05/10/2024 8:06:29 AM PDT by Bob434
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To: SeekAndFind

That’s “mass ILLEGAL IMMIGRATION”.


11 posted on 05/10/2024 8:07:35 AM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell>)
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To: SeekAndFind

It is incidental detrimental effects like that which are added in to the estimates for what illegals cost us. Direct costs like illegal alien prisoners costing us over $150 per day per person on average, and incidental losses like a family needing grief counseling, being made homeless, medical costs wracked up as a result of being homeless now, etc etc etc, all add to the costs Hat illegals inflict upon this nation


12 posted on 05/10/2024 8:09:55 AM PDT by Bob434
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To: SeekAndFind
Illegal immigration is all about flooding our country with future Democrat voters and nothing else. Don't let them tell you anything different.

The Democrats are desperate to regain the voters they are rapidly losing here.

If these people were inclined in any way to vote for Republicans, you would see one of the tallest and thickest border walls in the world stretching from San Ysidro, CA to Brownsville, TX.

Covered with barbed wire and manned with machine guns!

13 posted on 05/10/2024 8:11:40 AM PDT by SamAdams76 (6,575,474 Truth | 87,429,044 Twitter)
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To: SeekAndFind

any gains (sic) are far over shadowed by the cost of having millions of wetbacks, many of whom are criminals and some terrorists.

The hard working honest ones mostly do not bother with assimilating or learning the language, the culture, preferring their own, and just send money home.


14 posted on 05/10/2024 8:23:07 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: SeekAndFind

In other words:

Hundreds of Politicians and Presstitutes willfully and knowingly LIED TO THE PUBLIC in an effort to DEFRAUD the American Taxpayers pout of BILLIONS OF DOLLARS.

Every last one needs to be Criminally Prosecuted for these deliberate false statements made to DEFRAUD the PEOPLE.

See Donald J Trump


15 posted on 05/10/2024 8:26:34 AM PDT by eyeamok
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To: SeekAndFind
Gee. I am shocked.

But it did cause a massive shortage of resources resulting in price inflation.

So they achieved their goal.

16 posted on 05/10/2024 8:40:06 AM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: SeekAndFind

How could a 99.8% unemployed mass *illegal alien invasion* help any economy, anywhere?


17 posted on 05/10/2024 8:40:56 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: SeekAndFind

YA THINK ????????


18 posted on 05/10/2024 8:55:04 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: SeekAndFind

How could a group that are a drain on governments and consistently take more money from taxpayers than they contribute stimulate the economy? It’s just pouring money made out of thin air onto the economy and causing more inflation.


19 posted on 05/10/2024 8:58:55 AM PDT by Blood of Tyrants (The problem with socialism is that you eventually run out of other people's money. - M. Thatcher)
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To: SeekAndFind

Stimulated the economy? Horizontal said the illegal aliens are here because of hurricanes, drought and extreme food insecurity.

Climate change drives migrants to U.S. border, Harris says

https://www.eenews.net/articles/climate-change-drives-migrants-to-u-s-border-harris-says/


20 posted on 05/10/2024 10:16:50 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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