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How 'bout that - immigration good?
Apr 7, 2024 23:05:43   #
NotMAGA Loc: Upstate NY - in a very red county
 
"Economists increasingly believe that the post-pandemic surge in immigration is a key reason the economy has been able to grow steadily without pushing inflation higher, as the new arrivals have helped employers fill roles at levels of pay that have kept a lid on overall price growth."

https://www.nbcnews.com/business/economy/immigrants-are-helping-us-job-market-grow-without-affecting-inflation-rcna146570

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Apr 7, 2024 23:54:45   #
JFlorio Loc: Seminole Florida
 
NotMAGA wrote:
"Economists increasingly believe that the post-pandemic surge in immigration is a key reason the economy has been able to grow steadily without pushing inflation higher, as the new arrivals have helped employers fill roles at levels of pay that have kept a lid on overall price growth."

https://www.nbcnews.com/business/economy/immigrants-are-helping-us-job-market-grow-without-affecting-inflation-rcna146570


And you think that’s good?

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Apr 8, 2024 00:12:57   #
NotMAGA Loc: Upstate NY - in a very red county
 
JFlorio wrote:
And you think that’s good?


It's keeping the Fed from raising interest rates again, and keeping us from a recession, so... Yeah.

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Apr 8, 2024 00:22:50   #
Weasel Loc: In the Great State Of Indiana!!
 
NotMAGA wrote:
It's keeping the Fed from raising interest rates again, and keeping us from a recession, so... Yeah.


😲 OMG ! Have people really been Dumbed Down that much? The Fools that exist today should be wearing shock collars.



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Apr 8, 2024 05:39:58   #
ACP45 Loc: Rhode Island
 
NotMAGA wrote:
"Economists increasingly believe that the post-pandemic surge in immigration is a key reason the economy has been able to grow steadily without pushing inflation higher, as the new arrivals have helped employers fill roles at levels of pay that have kept a lid on overall price growth."

https://www.nbcnews.com/business/economy/immigrants-are-helping-us-job-market-grow-without-affecting-inflation-rcna146570


You really have drunk the "cool-aid" haven't you pal? When the government doesn't like the CPI number, they change the composition of theindex to cover up the problem.

When the government wants to cover-up the "illegal migrant" problems that THEY CREATED, they find a bunch of economists (funded by government grants) to plant bogus stories such as this, so the "intellectually challenged" portion of the public will buy into this narrative. Judging by this post, it seems like it is succeeding!



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Apr 8, 2024 08:32:23   #
JFlorio Loc: Seminole Florida
 
NotMAGA wrote:
It's keeping the Fed from raising interest rates again, and keeping us from a recession, so... Yeah.


It's truly not. The FED IMO is doing (and has been) everything wrong. Technically we are close to a recession, if one used the old definition of a recession.
There are a lot of really bad indicators out there.

1) Inverted Bond Curve
2) Most New jobs have gone to illegals, which depress's wages for American workers
3) People don't buy inflation. They buy prices and prices have stagnated and are starting to go up again.
4) More and more government stimulus (tax payer money) for illegal immigration. This will keep prices up.
5) More credit card debt than ever in our history.

I cannot believe anyone could think it's good for America to pay cheap labor at the cost of American jobs.

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Apr 8, 2024 08:34:13   #
JFlorio Loc: Seminole Florida
 
Weasel wrote:
😲 OMG ! Have people really been Dumbed Down that much? The Fools that exist today should be wearing shock collars.


You'd run out of electricity. Unbelievable what that fool actually said. I'm not sure he/she even gets it.

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Apr 8, 2024 09:09:51   #
youngwilliam Loc: Deep in the heart
 
JFlorio wrote:
You'd run out of electricity. Unbelievable what that fool actually said. I'm not sure he/she even gets it.


I think notmaga tows the party line no matter how much crap is on it.

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Apr 8, 2024 09:13:36   #
JFlorio Loc: Seminole Florida
 
youngwilliam wrote:
I think notmaga tows the party line no matter how much crap is on it.


Agreed. When push comes to shove he/she always goes back to whatever the Biden cultists want.

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Apr 8, 2024 14:29:17   #
WEBCO
 
NotMAGA wrote:
It's keeping the Fed from raising interest rates again, and keeping us from a recession, so... Yeah.


It's also costing our country hundreds of billions of dollars. You do know that we've been in a recession for years now, Biden just changed the definition.

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Apr 8, 2024 15:55:11   #
youngwilliam Loc: Deep in the heart
 
WEBCO wrote:
It's also costing our country hundreds of billions of dollars. You do know that we've been in a recession for years now, Biden just changed the definition.


I know my disposable income has been receding for the last 3 years, after a nice tidy increase the 4 years prior.

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