Some excerpts from WSJ article about the 10 million population cap referendum in Switzerland. The journal admits the historic wave of immigration to the West hasn't solved economic problems:
Economics professor from Canada admits that immigration hasn't solved Canada's problems.
Economic output per worker has stagnated across some of the countries that have accepted the most immigrants.
Most people would recognize immigration isn't a panacea when you call immigration "population growth"
Proponents of the cap want to use AI to make workers more productive.
A wealthy banker who helped initiate the referendum said that immigration is like a sugar high that doesn't raise GDP per capita.
The Swiss have voted to restrict immigration before, but it was never fully implemented.
The house prices in the town featured have gotten quite expensive:
And natives (I am assuming but not explicitly stated) are fleeing:
Here is the full article: wsj.com/world/europe/s…
My concern about the referendum is that if they get illegal immigration and don't enforce the laws they will get bad people and keep out high skilled Europeans. It could end up somewhat like a Brexit 2.0.
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