Trump’s Immigration Policies Could Put Americans Out of Work

Washington Post: “A recent analysis by the financial research firm Moody’s explores the possible economic consequences depending on how aggressively Trump enforces his plan.”

“If Trump forced millions of undocumented immigrants to leave the country, according to the analysis, many Americans would be put out of work.”

“In a scenario considered by Moody’s in which 6 million undocumented immigrants depart, prices would be 2.8 percent higher after five years, and after a decade, the reduction in GDP would be about 2.9 percent. Personal income would be about $43,000, according to this projection.”

“Even if only 3.7 million people left the country, the changes in the labor market would still be profound, Moody’s calculated. Prices would be 1.4 percent higher in five years and GDP would be 1.7 percent smaller after a decade.”

 

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  • RadicalCentrist

    And these losses are just a downpayment on the costs of Trump’s trade policies, assuming he tries to do what he says. Imagine the shock on the face of a Trump voter when he walks into Walmart and finds that $600 big screen TV is now $900 because Trump wanted to “stick it to China”. They’ll be demanding impeachment inside 6 months.

    • pisher

      Much of what Trump is proposing couldn’t be done in the lifetime of a Trump administration, or probably ever.

      Trump’s candidacy poses as a rebellion against the system, business as usual–but in acutality it’s a rebellion against reality itself. And reality always wins. As Trump’s massive debts and multiple bankruptcies eloquently make clear. He’s trying to pull us in with him, to keep his tottering empire afloat a while longer–the ultimate Ponzi Scheme.

  • RadicalCentrist

    And these losses are just a downpayment on the costs of Trump’s trade policies, assuming he tries to do what he says. Imagine the shock on the face of a Trump voter when he walks into Walmart and finds that $600 big screen TV is now $900 because Trump wanted to “stick it to China”. They’ll be demanding impeachment inside 6 months.

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