The David McWilliams Podcast

Immigration, Housing & Trump's Shadow

Nov 21, 2024
Anneliese Johnson, a data analyst and journalist at The Economist, discusses how immigration drives economic growth while also igniting social tensions in Ireland. With over 149,000 immigrants this year, the housing crisis intensifies as rent prices soar. Johnson highlights the Footloose Index, revealing how political shifts impact skilled migration trends. Amidst the backdrop of Trumpism, she poses critical questions about whether Ireland's leaders can adapt to these changes or risk repeating past mistakes. Join the dialogue on these pressing issues!
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ANECDOTE

Canvasser Interactions

  • David McWilliams' daughters quizzed election canvassers with prepared questions, revealing a lack of genuine engagement.
  • The canvassers' responses were generic and didn't address the daughters' concerns about economic opportunities.
INSIGHT

Hot Economy Trade-off

  • Running a hot economy requires accelerating development and inconveniencing people, like increased housing and infrastructure projects.
  • Politicians must articulate this trade-off instead of promising a status quo alongside economic growth.
INSIGHT

Trump's Challenge to Elites

  • Trump's challenge is to the elites, similar to how Gorbachev's reforms threatened communist elites in satellite states.
  • Elites accustomed to the American globalization umbrella must adapt to the changing political landscape.
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