How Trump’s Immigration Plans Could Affect the Economy
Published On Nov 13, 2024, 10:56 AM
The article discusses the economic implications of potential mass deportations under a new Trump administration, which may lead to higher prices for goods and services and lower employment rates. Economists warn that expelling a significant number of undocumented immigrants could reverse the current trend of alleviating labor shortages and controlling inflation, as these individuals have been vital in the workforce.
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The potential for increased inflation due to a labor shortage is significant. If Trump enacts his deportation plans, we may see a spike in prices due to reduced workforce availability. This could negatively impact consumer spending and overall economic growth.
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