Donald Trump, during his 2024 presidential campaign, attacked the Biden Administration and Vice President Kamala Harris relentlessly over inflation.
Harris countered that Trump’s proposals — mass deportations and new tariffs on imported goods — would make inflation worse. Regardless, President-elect Trump enjoyed a decisive victory on Election Night 2024 and will begin his non-consecutive second term on January 20, 2025.
Liberal economist Paul Krugman, in his November 11 column for the New York Times, warns that grocery prices will soar if Trump follows through on his mass deportations plan.
“I’ve written about the likely inflationary impact of Donald Trump’s policies,” Krugman explains. “All of that still stands. But there’s an issue that I haven’t stressed as much as I probably should have: the specific effects of his proposed deportations on grocery and housing prices, both of which have been political flashpoints.”
According to Krugman, Trump’s “mass deportations” would “degrade productive capacity, balloon deficits and — yes — bring inflation […]
What about those young immigrant children that the drug cartels are paid more of our tax dollars for to round them up in separate buses for sex trafficking?I remember with the middle east conflict in libya there was a mass exodus into italy and parts of europe to escape the war. Many many children were missing and why?
Let’s be real—-Trump knows nothing about economics!!! Period. So he was at Wharton—Daddy had to pay big bucks to get him in and one professor (while none of his professors are allowed to tell people about his grades) once said that he was the dumbest student he ever had!
So all Trump knows are tariffs—-which will be paid for by consumers—-the the country being taxed!!! Figures pointed out that Americans would end up spending close to $4000 a year more in purchasing. Then add the ridiculous banishment of immigrants, many of whom have businesses, children, never committed any crime, but never applied for citizenship! These are good people who pay taxes and are far lower in criminal statistics! So it will cost growers way more money to get their crops picked —to which they will add that cost to the price of the product! Slaughter houses hire huge numbers of immigrants—price of meet is going to go way up! You think houses cost a lot now? Wait until the immigrants are forced out of the country and Americans, who demand more money to work, begin doing the roofing and other kinds of construction. Lawn care? Housekeeping, whether in the home or in hotels.
These are all areas that have many immigrants who work there—-where most Americans would not want to work. So this is strictly a political scheme that Trump thought up and appealed to White MAGA Christians so they would vote for him. Wait until they see what things will cost! But I guess it’s true—-ignorance is bliss!!!
Since the 1970s I have alternated between periods of hope for a better future: Carter, Clinton, Obama, and despair: Reagan, Bush, Bush, Trump, Trump. Maybe we are lucky that the MAGATs own all of government for the next two years. perhaps then, life will get so bad that change actually happens, driven by a majority. FOX News is the wildcard, as the exclusive source for more than half of America, driven by the gods that want to actively destroy the Earth. Who knows what they will spin.