Re:Canada plans brain drain of H-1B visa holders, with no-jo...
by mrangle on Wednesday June 28, 2023 @09:56AM
(#36506544)
Your logic is that governments depend on funding themselves by recapturing money that they print for circulation? That's adorable. They do recapture money by way of taxes and redistribute it to themselves, but they aren't limited in their self-funding by recaptured domestic currency.
Your immigration GDP logic isn't accurate. Immigration only increases GDP insofar as it increases foreign currency influx to Canada. Does it do this? Sure. But not in the prior implied rate and manner. More people making less domestic money doesn't magically increase GDP.
Blaming my critique of "more domestic labor = more government profit" talking point, typed without a hint of irony, on anything else is lazy. Especially combined with a warning not to critique that point.
All immigration is GDP positive and incrementally increases tax income. On the other hand they increase the costs of providing services and infrastructure, but that is not connected to immigration per se, but economic and population growth. Unsurprisingly if the government makes money it also incurs expenses.
If you don't like immigration, say so, but don't try to blame them for government finances. Locals having children has the exact same effect, but it's even more expensive for the government. But in wealth countries people aren't having enough children, so immigration policies are used to maintain growth. You could do without them, but your economy would tend to shrink or stagnate along with the level of population over time.