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AMERICA *IS* THE MOST PROSPEROUS COUNTRY IN THE WORLD, !!!
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Aaron Rupar
@atrupar
JD Vance on CNBC says that if immigration was the path to prosperity, then "America would be the most prosperous country in the world." (Who wants to tell him ... )
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David Watson 🥑
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Well first of all, that's GDP rather than consumption. And second of all, those tiny little countries have a shit-ton of immigration!
Seems like migration has been good for Springfield, OH too. Their GDP and tax proceeds seem to be up, while their crime and public safety incidents haven't moved.
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George Singer
@georgewsinger
Replying to @RichardHanania
GDP of Springfield, Ohio appears to be going sharply up since the Haitain migration started in 2020. (I can only find data up to 2022 though) Google reports the total population didn't change that much from 2020-2022: - Population in 2020: 58,801 - Population in 2021:
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We are still the best country in the world, but blue collar Americans have been struggling. Wealth inequality is high, we need to shift it back into a football shape.
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So not a lot of poor people? And middle class with issue Now do gdp per person Now do healthcare No do xxx How is your debt going Great so no billionare tax needed
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We used to think that US had an advantage due to natural resources (oceans, grain, coal,....) Now it's entrepreneurs (Mag7++ - where would we be without them?) It could be Dem or Rep policies. It also could be the Constitution, which keeps both in check. Or the enlightenment.
not to pour cold water on your love of your country but go to check out China... it's big cities are at least decades ahead of American cities already, in 10 years, it will surpass the US despite its slowing down growth!
There’s a difference between legal and illegal immigration. Tons of legal Indian and Asian immigrants here for example working hard to show technical skill or get science and engineering degrees. Not the same as illegals in San Diego being mules for cartels, driving without
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That shows the UK richer than Ireland. I thought you considered Ireland one of those colonies that got richer than the empire?
It's crazy how he is trying to rewrite our understanding of America's strengths. American immigration is a huge reason we are so prosperous
What he said was “flooding the country with low wage immigrants is not the path to prosperity”. The key words here are “low wage”, I.e. “NOT high skill workers”. As harsh as it sounds, JD Vance is correct on this point. America is a country with very high rate of automation,
Wasn't that the year everyone redid their kitchens because they were getting paid not to work? Do we have 2023 data?
It does look very third world with its potholes and utility poles (wooden!). Looks matter
That list is missing several countries, but US is still one of the richest countries pr. cap. Looks like somebody need to remind Vance that both he and Trump are descendants of immigrants.
I'd be fascinated to see that adjusted for the median member of each country, to remove the distortion from the ultra rich
Yeah, European nations make a much better example if you’re looking for evidence that unrestricted immigration doesn’t guarantee economic prosperity all on it’s own. It really has to be a part of a relatively liberal market economy.
Oh boy... This is only Europe and the US. See "Eurostat" at the bottom? And it is weighted based on the relative value of the currency.
That chart is EU & UK Switzerland, Norway not there (two richest European countries) Singapore, Qatar, UAE (Dubai) not there Australia not there or even Canada Dumb chart that doesn't match tweet
So this is now the standard metric for prosperity? Actual individual consumption per capita in pps? Or is this another bs metric chosen with the sole purpose that US is on the very top? I love America, but this 'America #1 or bust' is just cringe.
Net Consumption does not Equal GDP. Much of Europe as well as Japan, south Korea and Singapore are more prosperous than us by those metrics. Our own GDP is decline in relative numbers even though i still grows(i think) in absolute numbers.
Prosperity isn’t measured by consumption or at least not by that metric alone. The consumption rate is also not well distributed, at least that’s what I hear from the Left about income & wealth hoarding.
This is exactly why Tariffs work! And would work so well if they were increased!! Everybody wants to sell their lemonade in our yard!!
JD is like an AI version of Trump, with an Ivy League vocabulary but just as dumb.
Also, if America wasn't prosperous, you wouldn't have immigrants wanting to come here!
At least half of that benefit is just because of the exorbitant privilege, right?
You can tell just how thoroughly russified the Republican Party is by their unabashed hatred for the United States.
an American sick with cancer technically contributes more to this stat than a working happy American with a family
Note the date 2020. Let’s see…who was in the White House then? Oh right………..after almost four years. Let’s see one of these for the present day after almost four years of Biden,,
I mean, this whole thing is (of course) very silly, but you ARE kind of making his point (or at least helping to support it), since your data is from 2020 and he's trying(?) to to make a point about AFTER 2020.
In 2020. Now do after Kamala. This is trumps chart of success.
That graph measures consumption. The index most commonly used for prosperity is the Legatum Prosperity Index, and on that for 2023 the US isn’t in the top ten. It’s not even in the top 20. It’s #22. So maybe JD knows more than you give him credit for