Trump has promised a mass deportation, which economists warn could be highly inflationary.Rebecca Noble/Getty ImagesThink-tank economists told BI that Trump's promise to deport millions would likely be inflationary.The disruption to the labor supply would both jack up everyday prices and impact capital investment.With immigration as a key election issue, the experts said Harris' policies are less disruptive.When the Federal Reserve cut interest rates last week, the country began to close the door on the inflation that has defined the post-pandemic era.
Trump's Mass Deportation Plans Could Wreak Havoc On The Fight Against Inflation
atecotzky@businessinsider.com (Alice Tecotzky), Business Insider
Tue, 09/24/2024 - 9:43am
Topics: rebecca noble/getty imagesthink-tank president donald trump vice president kamala harris border czar november congress wendy edelberg brookings institution warwick mckibbin international economics adam posen bloomberg tv imagine josh bivens economic policy institute americans democratic bi trump federal reserve business insider ice harris edelberg peterson institute june plans inflation mass deportation people supply labor told investors economists immigration immigrants capital economy growth policies fellow issue population higher key nonpartisan door jack election rates everyday money impact interest sudden detention return significant year proposed centers pretty increase work contractor research construction lead invest senior workers
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more