World News

President Biden’s remarks on immigration and economic growth stir controversy

The latest comments of President Joe Biden on India, China, Japan, and Russia have raised a few eyebrows. He labelled those nations as “xenophobia and also said that such dislike toward immigrants is becoming an impediment to economic progress for them.

Biden made those remarks at a fundraising event in Washington, where there was a point made on the beneficial role that migrants serve.

The President’s statements, among other things, have intensified the immigration debate, which has gained public attention. Everyone is now polarized over it as the US goes to the presidential campaign in 2024. Gallup’s surveys have shown an overwhelming opinion on immigration, which could be labelled the main issue for the last three months, as per most Americans’ concerns regarding the topic.

The US President’s words point to a very positive attitude of the Democrats toward immigration and its effects on economic development in America. Moreover, it is warming up the market for certain agreements with, for example, India and Japan, which would help the country withstand the influences of powerful nations like Russia and China.

The International Monetary Fund (IMF), on their part, forecasts a global economic slump, including the repercussions that will be of different measures in diverse countries. India, on the other hand, is expected to enjoy even further strong growth of 6.8%, according to which, not only will it enjoy an increased workforce due to migration inflow but will also witness employment increase as well as the labour participation rate.

As immigration remains one of the heating political issues, fueling many of the political debates that consume the nation, Biden’s recent intervention has addressed the need to analyze the impacts of immigration policy on the economy and also the promotion of inclusive and diverse societies.

Source
India Today

HD News Desk

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