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by threwawasy1228 2607 days ago
It is interesting, because a extremely large percentage of these small businesses that are failing are immigrant minority owned.[1] So in many ways keeping small businesses around does make things 'diverse' but it also leads to a much bigger problem. This massive amount of immigration that was meant to help keep the economy running is now failing to keep their businesses going, and falling into high rates of unemployment or underemployment. Does it really serve our economy to have a bunch of immigrants whose main mode of economic activity is starting small businesses that are not very viable, and hiring all their relatives?

[1] https://www.nytimes.com/2012/07/01/opinion/sunday/immigrants...