Illegal immigrants add to GDP, so obviously, they are good for the economy.
That’s the new spin from the Establishment.
Border upside: Surge of illegal immigrants helped U.S. economy avoid recessionhttps://t.co/RHLVZFudOK pic.twitter.com/siexEB8Ac7
— The Washington Times (@WashTimes) February 15, 2024
This, to me, is a bizarre argument, even though, in the narrowest sense, it is true. GDP has risen because there are more people spending more money on more goods.
It is true in exactly the sense that 15% inflation raises your income because you got a 10% raise.
Your income is higher! Thank the Fed.
They think you are stupid. Evidence, though, shows that in matters that hit close to home and with which we have direct experience people go with reality over spin.
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