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Biden accuses xenophobia of hindering economic growth in India, China, Japan

US President Biden’s Views on Immigration and Xenophobia

US President Joe Biden recently made comments regarding immigration and xenophobia, highlighting the impact of these factors on economic growth.

Biden’s Statement on Immigration

During a fundraising event, Biden emphasized the positive contribution of immigrants to the US economy, stating that welcoming immigrants has been a key factor in the country’s economic growth.

Xenophobia and Economic Growth

Biden mentioned that countries like China, Japan, and India are facing economic challenges due to xenophobia, which hinders their growth. He defined xenophobia as a general sense of hatred towards foreign people and cultures.

IMF Economic Forecast

Contrary to Biden’s remarks, the International Monetary Fund (IMF) forecasted a positive outlook for the Indian economy, with a projected GDP growth rate of 6.5% for the upcoming financial year.

  • The IMF also revised upwards the growth figure for 2023-24 to 7.8%.
  • Meanwhile, the IMF predicted a growth rate of 2.7% for the United States.

Immigration Policy in the US

The issue of illegal migration has become a significant concern for US voters, particularly in the lead-up to the presidential election.

  • Republican nominee Donald Trump proposed a massive deportation program targeting millions of “illegal migrants.”
  • In contrast, Biden has criticized Trump’s anti-immigrant rhetoric and emphasized the importance of a more inclusive immigration policy.

These contrasting views on immigration and xenophobia reflect the ongoing debate surrounding immigration policies and their impact on economic growth and social cohesion.

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