Phil Vischer is an exceedingly woke liberal, so naturally, he would care about working-class Americans and the struggles that they face such as the housing crisis, increased crime, high inflation, and a lackluster job market, right? Of course not. Phil Vischer’s support of illegal immigration is both unsurprising and fueled by corporate greed talking points.
In this exchange, Phil Vischer and Rett Copple showcase their differing priorities. Phil Vischer is prioritizing GDP, the measure of how large an economy is, while Rett Copple is talking about supply and demand, the basics of economics. Rett Copple is correct that drilling for more oil should decrease the cost of fuel which will in turn have a beneficial impact on prices. Moreover, deporting invaders will decrease the amount of people chasing the same amount of goods and services. This decrease in demand will lower prices consumers face. This is especially critical in housing where illegal immigration has directly harmed the housing market as Americans have to compete with foreign invaders for affordable housing.
Phil Vischer prioritizes GDP. He is correct that the GDP of the United States will decrease if we execute mass deportations. But does that matter? America’s gauge of economic welfare is almost entirely disconnected from GDP. America is not by per-GDP in a recession (two quarters of GDP contraction) because the GDP keeps increasing. However, no working class American can honestly say the economy is in good shape. Inflation and real wages are much better economic indicators, although the Consumer Price Index is a flawed measure of inflation.
GDP is misleading as imputed rent on owner-occupied homes is included in the measure despite providing no real income. GDP also includes government spending. Moreover, technological advancements can often shrink GDP by reducing labor and costs. The GDP mentality is that bigger is better, but this is far from a complete picture of how to measure an economy.
Phil Vischer’s subsequent point about near full employment is also misleading as the Obama Administration changed how we measure unemployment.
At the end of the day, Phil Vischer is motivated by greed, whereas the position of mass deportation is motivated by love of country. The American working class needs mass deportations, so it’s not unsurprising that Big Eva personalities like Phil Vischer oppose their interests.
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