Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Why are Interest Rates Not Falling Despite RECESSION?" video.
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I'm sorry but that's not quite true. GDP is not something you can spend. It's an estimate of the value of goods and services produced. You can't buy anything with GDP. It's nothing more than a comparative measure. You can buy something with GDI, which is the Gross Dimestic Income of a nation, but because of austerity and other policy failures, GDI is less than GDP in recent years, when it's supposed to be equal. So, your point doesn't make sense when tested against reality. Having higher immigration doesn't necessarily lead to greater GDP or GDI. Only increased economic output does. And there's no guarantee of that when the gaps are mostly in low paid, low skilled jobs. In fact,as one commenter on another video states, "What are you going to do when you realise that your problems don't come from immigration?" Your problems come from bad policy decisions and the wrong priorities in government over decades. These have literally resulted in the erosion of economic capacity in the UK. The loss of a mixed economy, replaced by one dependent mostly on services, together with falling labour protections and public services, is literally destroying economic capacity. And the Pandemic speeded it up.
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