63 Biden Administration: “Illegal immigration is good for the GDP”. Meanwhile every study shows Non European immigration is an endless cost to society. (www.zerohedge.com) posted 282 days ago by NatalieBiden 282 days ago by NatalieBiden +63 / -0 Propaganda Wars Begin: Illegal Immigration Will Boost US GDP By $7 Trillion ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero 40 comments share 40 comments share save hide report block hide replies
Here is the recent study that shows it is a massive cost :
https://unherd.com/thepost/dutch-study-immigration-costs-state-e17-billion-per-year/
I think I remember reading that they include government spending in the GDP. if this is the case, of course it helps the GDP go up!
The American government is claiming a massive spike in GDP after covid. They neglect to mention that we spent three times as much as we “gained” in GDP.
Correct. Deficit spending is part of GDP, that doesn't get backed out as a liability.