Hilarious: Obama Claims Amnesty Will Result in 5.4% GDP Growth

Posted by on Jul 12, 2013 at 10:24 am

We’re currently projected to have a pathetic 1.8% GDP for 2013, but surely that will be “unexpectedly” revised downward. Yet in the Obama Fantasy World, legalizing millions of criminal aliens will magically triple that. You can’t make this shit up.

The White House late Thursday dispatched an email to President Obama’s campaign supporters that provided a video claiming that immigration reform will result in a 5.4 percent growth in GDP as “highly skilled” workers and “entrepreneurs” add to the country’s economic base. No mention was made of low-skilled workers, the bulk of illegal immigrants in the country.

“Here’s one of the best things about immigration reform: It’s going to make our economy a lot stronger,” said the White House. “Not enough people are talking about the economic benefits of immigration reform, but it’s exactly the conversation that will help us win the national debate on this issue.”

Sadly, he might actually believe his bullshit.


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2 Responses to “Hilarious: Obama Claims Amnesty Will Result in 5.4% GDP Growth”

  1. MT Geoff on 12/12/13 at 11:13 am

    A growing population usually does mean an increasing GDP, although a 5.8% GDP from plausible immigration numbers is a pipe dream. Then again, all of Obama’s economic policy is based on pipe dreams and delusions of evil wealthy white people.
    But that GDP growth might well be smaller than population growth, meaning per capita GDP falls.
    On the other hand (you need an octopus’s hands to consider economics), the low-wage immigrants may still have a better standard of living in the US than in Mexico or Vietnam. A housekeeper in the US lives better than one in Zimbabwe.
    On the other other hand, the downward pressure on wages may well lower the standard of living for our current working poor, a group with a lot of “friends” but limited political power.
    The working poor and the welfare class are being told that the low-wage immigrants would be their natural allies in getting more wealth re-distribution from the wealthy, but that’s both unjust and a long-term fail anyway, as Western Europe is demonstrating in slow motion.