President Trump’s immigration plan will kill jobs and raise prices

Economists have warned that President Trump’s mass deportation plan will cost Americans jobs and raise prices.

The New York Times reported:

Expelling the millions of people who want to remain will require logistical, legal, diplomatic and legal challenges — even though Trump has said there is “no price” and he won’t tell the government to pay. –There are financial obstacles. (According to the American Immigration Council, an immigration advocacy group, it would cost $315 billion to arrest, detain and deport all 13.3 million people living in the United States illegally or with revocable temporary status. )

Therefore, it is impossible to predict the exact impact at this time. But if Mr. Trump

Even if he achieves something close to his promise, many economists expect prices for goods and services could rise and employment rates for American workers to decline.

“That huge shock cost trillions of dollars in economic growth and hundreds of thousands of American jobs,” said Michael Clemens, an economics professor and immigration specialist at George Mason University. It will happen,” he said. “Inflation will rise rapidly because the ability of U.S. businesses to supply goods and services will decline faster than demand will fall.”

When trying to estimate the impact of President Trump’s immigration policies, we need to look back at history.

The last time President Trump restricted immigration, it resulted in a shortage of agricultural workers and meatpacking workers, to name two areas that led to higher prices for U.S. consumers. Although the number of immigrants who commit crimes is minuscule compared to Trump’s deportation pledges, it is clear to economists that removing millions of immigrant workers from the U.S. economy would dramatically reduce the number of immigrants who commit crimes. It’s about bringing results.

Many voters cast their votes for Trump in hopes that he would lower prices. Instead, President Trump’s policies look like a recession’s best friend.

President Trump seems prepared to kill jobs and raise prices because he believes immigrants should leave the country.

America is going to be in a lot of trouble from now on, so stay strong.