During a fundraising event for his 2024 re-election campaign, President Joe Biden highlighted the positive impact that immigrants can have on the US economy. He criticized xenophobia as a factor contributing to the economic struggles of countries such as China, Japan and India. By welcoming immigrants, he emphasized that they are one of the key factors contributing to the economic success of the United States.
The International Monetary Fund recently predicted a slowdown in economic growth for China, Japan and India in 2024. In contrast, growth in the United States is expected to pick up slightly due to immigrants adding to the labor force. Biden’s remarks underscored the importance of building economic and political relations with countries such as Japan and India by embracing diversity and welcoming immigrants. This positioning makes him an immigration advocate during the upcoming presidential election.