So is everyone in Europe calling the Swiss a bunch of phobic racists for wanting to place restrictions on immigration; or is that judgement just reserved for Americans?

Given the initiative doesn't mention ethnicity/race but rather a population cap of people in general, Europeans (who are also white, FYI) might find it odd to do as you suggest.

The US, meanwhile, has halted ALL refugees, except for white South Africans [0]. I leave it to you to decide if that discernment seems fair or not.

[0] https://www.democracynow.org/2026/5/21/afrikaners

I think the Swiss are not known to be particularly open-minded in Europe. They have ton of money though and the landscape is great

there are several they/them in this very thread saying that it's a violation of human rights. so yeah.