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Re: UK offers right to residency and path to citizenship to 3m Hong Kong citizens
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Originally Posted by nomadking
And where does this "more output" go to? A higher total GDP, DOES NOT mean a better economy. Where does this money that is funding this alleged massive extra demand come from? You could let in 10m extra people, all on benefits, and the GDP would go up. But in no way whatsoever would the economy be better. The GDP per person would be further diluted.
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You are correct that there is no economic benefit to everyone being on benefits. But if they all "opened takeaways"* and the market was able to sustain all those takeaways without subsidies then in classical economic thinking that is a real contribution.
*crazy example but here we are
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