I fear that the US is burning through the most valuable resource of them all, Trust.
I don’t think it’s arguably good for the United States to be strong, based on all available evidence. America attracted immigrants who want a better life, and exploits most of its immigrant labor. Is it better if immigrants remain out of country while America self immolates, loses its “exorbitant privilege” of dollar reserve status, and global living standards rise from clean tech exports from China? I argue yes, they are safer outside than in.
America wants immigrants as fuel for capitalism, profits for shareholders (top 10% by wealth own 93% of equities), and taxpayers to help cover $1T in annual interest expense on $40T in sovereign debt (although only the top 40% have a federal income tax liability; the bottom 60% can barely survive on their income). We also spend trillions of dollars and countless lives on meaningless conflicts, although this primarily impacts those who have unfortunately decided to participate in some capacity in the US military and adjacent civilian casualties.
I am not anti immigrant. I am anti exploitation. And the United States is an exploitation machine. Stand clear as the machine starts to seize up. This is what the country voted for, after all.
> America attracted immigrants who want a better life, and exploits most of its immigrant labor.
Can you tell us more?
I ask because I’m and immigrant. I know many many immigrants. And I don’t know a single one who feels “exploited by the US”. The opposite.
20% of S&P 500 companies are run by immigrant CEOs. That number rises to 60% if you take just the top 10 companies.