Trump's biggest campaign promise would cause 'economic disaster': analysis
7 months ago

Trump's biggest campaign promise would cause 'economic disaster': analysis

Raw Story  

Donald Trump's promised crackdown on immigration could inflict mass misery and economic calamity, according to a new analysis. The former president's radical plans for a potential second term in office include barring entry from select Muslim-majority nations, denying all asylum claims and rounding up millions of undocumented immigrants for deportation, and economic analyst Robert Shapiro warned in a new Washington Monthly column that these policies would set off an "economic disaster." "By any measure, a policy that eliminated 4.5 percent of the current workforce, including large numbers of college and high school graduates, would set off serious economic tremors," Shapiro wrote. By one calculation, deporting 1 million immigrants would lead to 88,000 additional employment losses by other Americans, suggesting that Trump’s program could cost up to 968,000 Americans their jobs on top of the 7.1 million jobs held by immigrants up for deportation." "Doing the math, we find that a mass deportation program could depress national wage and salary income by $317.2 billion or 2.7 percent of labor income in 2023," Shapiro wrote.

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