🗺️ Biden blames China, Japan and India's economic woes on 'xenophobia' (4 Viewers)

[Old School]

President Joe Biden said on Wednesday that "xenophobia" from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S. economy.

"One of the reasons why our economy's growing is because of you and many others. Why? Because we welcome immigrants," Biden said at a Washington fundraising event for his 2024 re-election campaign and marking the start of Asian American, Native Hawaiian and Pacific Islander Heritage Month.

"Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic. They don't want immigrants. Immigrants are what makes us strong."

The International Monetary Fund forecast last month that each country would see its growth decelerate in 2024 from the year prior, ranging from 0.9% in highly developed Japan to 6.8% in emerging India.
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They forecast that the United States would grow at 2.7%, slightly brisker than its 2.5% rate last year. Many economists attribute better-than-expected performance partly to a migrants expanding the country's labor force.

 

[Muji.Iqbal]

President Joe Biden said on Wednesday that "xenophobia" from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S. economy.

"One of the reasons why our economy's growing is because of you and many others. Why? Because we welcome immigrants," Biden said at a Washington fundraising event for his 2024 re-election campaign and marking the start of Asian American, Native Hawaiian and Pacific Islander Heritage Month.

"Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic. They don't want immigrants. Immigrants are what makes us strong."

The International Monetary Fund forecast last month that each country would see its growth decelerate in 2024 from the year prior, ranging from 0.9% in highly developed Japan to 6.8% in emerging India.
Click here to view interactive content
They forecast that the United States would grow at 2.7%, slightly brisker than its 2.5% rate last year. Many economists attribute better-than-expected performance partly to a migrants expanding the country's labor force.

Thing is that China and Japan do not claim to be immigrant nations.

 

[Old School]

Thing is that China and Japan do not claim to be immigrant nations.

China and Japan know themselves that they are xenophobic and their immigration policy is draconian like no one else on this planet when we compare with countries who have high tech economy. Modern high tech economy and tribal mentality cannot go together.

 

[Mkesath]

China and Japan know themselves that they are xenophobic and their immigration policy is draconian like no one else on this planet when we compare with countries who have high tech economy. Modern high tech economy and tribal mentality cannot go together.

I believe China is better then Japan when it comes to xenophobia, no?

 

[Muji.Iqbal]

China and Japan know themselves that they are xenophobic and their immigration policy is draconian like no one else on this planet when we compare with countries who have high tech economy. Modern high tech economy and tribal mentality cannot go together.

Well for the intolerant nations of China and Japan, they are quite technologically advanced and better educated than our kind. lol.

 

[Old School]

Well for the intolerant nations of China and Japan, they are quite technologically advanced and better educated than our kind. lol.

Japan and China do not compete with the third world; they compete with the top economies in the world. That competition is very hard where there is no time for relaxation.

 

[Old School]

I believe China is better then Japan when it comes to xenophobia, no?

Look at China's immigration law, which is the real proof. Never believe what someone says but what they have in practice.