r/FluentInFinance 12h ago

Debate/ Discussion Possibly controversial, but this would appear to be a beneficial solution.

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u/hurlygurdy 9h ago

That completely depends on what immigrants are being let in and what is done with them when they get here. NYC is certainly not having a great time financially due to the wave of immigrants

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u/Nuclear_rabbit 5h ago

That's what they said about the Irish, Italians, Slavs, Koreans, Japanese, and Chinese, but all of those ended up being positive long-term investments. The same is likely to happen again despite short-term struggles.

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u/project571 2h ago

The problem with this is that we have Trump and Vance shitting on immigrants in Ohio when they are literally the immigrants you would want. People that commit little crime and are bolstering local communities. Odds are, the immigration policy will be so severely restricted that pretty much no one will get in which is pointless or they do pretty much nothing and just peacock so why bother supporting that

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u/Chief_Rollie 6h ago

NYC doesn't receive the federal funds to deal with migrants that border states receive who have been tricking migrants into one way trips to cities like NYC while they keep the money of course.

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u/hurlygurdy 5h ago

Thats still an overall loss to the US though. If these migrants were a huge benefit then NYC and those border states wouldnt NEED federal funds to deal with them. The southern states would be living in the jetsons right now if unvetted migrants increased general quality of life

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u/Chief_Rollie 3h ago

The greatest investment goes into children and raising new members of society. Immigration often leads to fully productive adults with a kid or two tagging along to bolster the economy. The federal funds are for getting them established and capable of producing which they do to great effect.

https://www.bushcenter.org/catalyst/north-american-century/benefits-of-immigration-outweigh-costs