Economists warn that Trump's mass deportation plan will kill American jobs and raise prices.
The New York Times reported.
There are logistical, legal, diplomatic and, although Mr. Trump has said there is “no price” he would direct the government to pay, to deporting millions of people who choose to stay group, it would cost $315 billion to arrest, detain, and deport all 13.3 million people living in the United States with illegal or revocable temporary status).
That is why it is impossible to predict the exact impact at this time.But if Mr. Trump many economists expect higher prices for goods and services and possibly lower employment rates for American workers.
“That massive shock would cost trillions of dollars in economic growth, eliminating hundreds of thousands of jobs that are owned by US natives,” said Michael Clemens, an economics professor at George Mason University who focuses on migration and to deliver services faster than it reduces demand.”
When calculating the impact of Trump's immigration policies, one must look to recent history.
The last time Trump restricted immigration, the result was a shortage of agricultural and meatpacking workers, two industries that drove up prices for American consumers. removing immigrant workers from the US economy would have dramatic consequences.
Many voters voted for Trump expecting him to lower prices. Instead, Trump's agenda appears to be a recession's best friend.
Trump is ready to kill jobs and raise prices because he thinks immigrants should leave the country.
Buckle up America, because things are about to get bumpy.
Awards and professional memberships
Member of the Society of Professional Journalists and the American Political Science Association
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