Reported 2 days ago
Economist Wendy Edelberg cautions that President-elect Donald Trump's mass deportation policies could significantly slow GDP growth, estimating a potential decline of up to half a percentage point due to reduced consumer spending and a smaller labor force. She notes that abrupt changes in immigration policy are detrimental to economic stability and suggests that the deportations proposed may not be feasible, potentially leading to a less hospitable environment in the U.S.
Source: YAHOO