I am sure that immigrants are a net gain for the economy. Just as any increase in population is good for the economy. The thing I can’t wrap my head around is why the government is so intent on turning Millennials into debt slaves who can’t afford to have kids.
There is an entire generation that has given up hope that they have a future worth living. Forced into student loans because they thought that’s what everyone did, only to find out that tuition costs have been rising about 300% every 20 years. The scorn from people who remember working their way through college and think this generation is all just self-indulgent doesn’t help. For some reason there is confusion over why millennials are more likely to move back in with their parents, not buy a car, not buy a house, put off marriage, and put off kids. Try and imagine working really hard, taking out tons of loans, and then graduating just in time for the economy to fall off a cliff leaving you with no job prospects and if you do finally find one it pays much less than you expected when you signed up for loans.
If that is the best the world’s most notorious democracy can offer it is no wonder that 1 in 4 millennials think democracy is a bad way to run a country and why so few bother voting. The government’s current policy of creating unemployment as a safeguard against inflation is morally bankrupt as well as fiscally irresponsible. Telling 5% of the workforce they are worthless because they can’t find a job while actively making jobs impossible for them to get just so that other employers don’t have to pay their workers more is a big FU from the businessmen that own our politicians to everyone else. The American Dream is a fairytale rich people tell themselves to justify the misery they inflict on the poor.
If you are worried about inflation then have an employer of last resort policy and gradually increase their wages. Everyone knows the Philips curve only works in the short term. A Buffer stock of happier more secure people makes for better employees anyways. You can’t push a string, you can’t make people drowning in debt borrow more by decreasing interest rates, and you can’t expect employers to expand when their customers are all flat broke.
You want to solve anti-immigrant sentiment? Make it so no one thinks they are here to steal their job.