Immigration experts and economists say that Trump’s immigration policy will increase inflation.If a Trump Administration were actually able to deport 11 million illegal immigrants overnight, yes it would have a negative effect on inflation. I don't think they'd actually be able to do that though. His proposed tariffs would be a bigger inflation risk.
NY Times: Trump Said Democrats Will Take Away Your Hamburgers. He’s the One Who Might. https://archive.ph/556SR
Trump has promised an immigration crackdown if reelected. That could backfire on the economy. https://www.cnn.com/2024/05/14/busin...obs/index.html
We used to have too much money supply and pandemic related supply problems. The next problem will be a Trump inspired labor shortage in our food supply chain and construction industry.
When will people realize that we need immigrants to help power our economy. Our best hope is amnesty for illegal immigrants that have been in the US over the long haul. Something similar to the compromise that occurred under Reagan in 1987. https://en.wikipedia.org/wiki/Immigr...ol_Act_of_1986 Originally Posted by txdot-guy
The solutions IMHO are enforcing the immigration laws, not letting cases drag on for years, and issuing a lot more temporary visas for foreign workers. I'd much prefer enforcing the law and temporary visas instead of what I think is your preferred solution, a series of amnesties now and in the future.
There's a lot of work that Americans don't want to do. There's a podcast on the Economist this week with an economist at George Mason University that highlights that. He points out that American kids are encouraged to go to college, not take jobs in construction. And as a result there's a shortage of construction workers. He says the majority of us benefit from the foreigners who work here, and I'm inclined to agree with him. Meatpacking jobs from your first link are another good illustration. The foreigners certainly benefit. They're making maybe 5X what they'd make in their home countries.
Especially when the unemployment rate is hovering around 4%, foreign workers make sense.
P.S. I just boosted two of your threads to three stars. Agree or disagree, they're good topics.