Biden Urges Xenophobic Countries to Embrace Immigrants for Economic Growth

During a recent fundraising event in Washington, US President Joe Biden discussed the economic struggles of countries like India, China, Russia, and Japan. According to Biden, these countries’ lack of openness to immigrants is a barrier to their economic growth. He pointed out that these countries are xenophobic and do not want immigrants, which he believes is hindering their progress.

Biden highlighted the positive impact of immigration on the US economy. He stated that welcoming immigrants is crucial for the country’s economic growth and emphasized the importance of their presence in driving growth and prosperity. The International Monetary Fund predicts that countries like India, China, Russia, and Japan will see a slowdown in their growth rates in 2024. In contrast, the United States is expected to have a slightly faster growth rate than the previous year. Analysts attribute part of the US’s economic performance to the contribution of migrants who have expanded the country’s labor force.

These remarks by Biden underscore the importance of openness to immigrants in driving economic growth and prosperity. As ongoing discussions about economic challenges continue, immigration policies will likely play an increasingly important role in shaping outcomes.