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>I can't see how this is good in a country that already has a stagnating economy and a housing crisis Increasing immigration is a good way to revitalize a stag
by InsideOutSanta 1y ago
>I can't see how this is good in a country that already has a stagnating economy and a housing crisis
Increasing immigration is a good way to revitalize a stagnant economy. This is the great chasm between people's intuition of how national economies work and economists' understanding of how they work.
- jjk7 1y agoWell, it doesn't seem to be working.
- FirmwareBurner 1y agoIt's working at making Canadian landlords rich. That's economic growth too.
- FirmwareBurner 1y ago>Increasing immigration is a good way to revitalize a stagnant economy. Then why is Canada's economy stagnating with all that emigration? When is that supposed economic boom coming? The second issue is, if that economic boom is gonna trickle down to the Canadian working class or only to the top 1% of Canadian business and asset owning class while everyone else is left holding the bag? Because we've been duped for decades with this uncontrolled immigration trickle down economic fallacy.
- amanaplanacanal 1y agoYour ancestors were likely "uncontrolled" immigrants and so were mine. That's the way the Western hemisphere was settled. If it's so bad, how did the US and Canada get so rich?
- FirmwareBurner 1y ago[flagged]
- dttze 1y ago[flagged]
- deleted 1y ago[deleted]
- rangestransform 1y agoOptimal policy is much different for a post industrial economy than an agrarian/frontier economy, I would rather have better standard of living than consistent ethics
- amanaplanacanal 1y agoThat's possibly true. Is there any evidence? Because there is a thread of racism and fear of the other built into our immigration policies since the beginning, and I don't see that's changed.
- mensetmanusman 1y agoThis is true if you build enough houses to help the new arrivals, but the government failed to do this and has recently admitted as such. Because they didn’t, the housing crisis is about four times worse in Canada than in America, and that has completely defeated young Canadians and pressured them to not start families.