Famed economist Paul Krugman on Monday warned how Donald Trump’s crackdown on undocumented immigrants is set “to hobble food production and home construction” and will likely — contrary to Trump’s campaign promises — send grocery prices soaring.
Krugman, the winner of the 2008 Nobel Memorial Prize in Economic Sciences, explained in the latest issue of his Substack newsletter how the president’s vows to hike tariffs and conduct mass deportations of undocumented immigrants will “likely to do a great deal of economic damage.”
But it’s the targeting of immigrants that “will spiral out of control,” he predicted.
The current fear among immigrants ― amid the Trump White House’s immigration enforcement blitz ― will have “major consequences, with workers staying home or, if they can, going back to their home countries, with businesses laying off valuable employees for fear that they may be raided,” Krugman argued.
Nearly 1,000 people were arrested on Sunday alone, reported CNN.
Trump’s second administration has nixed safe spots for migrants — such as schools and churches.
Bigots like SoupySales and 1 FAT CAN gladly sacrifice the American economy in service to their rightist idealism.
The economist envisioned an increase in vigilantism against immigrants.
Hateful MAGAts love terrorist violence.
And “losing a large fraction of these workers would be a serious blow to the economy, especially because immigrants, legal and not, play a much bigger role in some industries and occupations than they do in the economy as a whole,” he said.
Krugman last week warned that many Trump voters will be “brutally scammed” when Trump introduces tariffs on goods imported into America.
Famed economist Paul Krugman on Monday warned how Donald Trump’s crackdown on undocumented immigrants is set “to hobble food production and home construction” and will likely — contrary to Trump’s campaign promises — send grocery prices soaring.
Krugman, the winner of the 2008 Nobel Memorial Prize in Economic Sciences, explained in the latest issue of his Substack newsletter how the president’s vows to hike tariffs and conduct mass deportations of undocumented immigrants will “likely to do a great deal of economic damage.”
But it’s the targeting of immigrants that “will spiral out of control,” he predicted.
The current fear among immigrants ― amid the Trump White House’s immigration enforcement blitz ― will have “major consequences, with workers staying home or, if they can, going back to their home countries, with businesses laying off valuable employees for fear that they may be raided,” Krugman argued.
Nearly 1,000 people were arrested on Sunday alone, reported CNN.
Trump’s second administration has nixed safe spots for migrants — such as schools and churches.
Bigots like SoupySales and 1 FAT CAN gladly sacrifice the American economy in service to their rightist idealism.
The economist envisioned an increase in vigilantism against immigrants.
Hateful MAGAts love terrorist violence.
And “losing a large fraction of these workers would be a serious blow to the economy, especially because immigrants, legal and not, play a much bigger role in some industries and occupations than they do in the economy as a whole,” he said.
Krugman last week warned that many Trump voters will be “brutally scammed” when Trump introduces tariffs on goods imported into America.
No one ever accuses Trumpettes of being smart.
"Bigots like SoupySales and 1 FAT CAN gladly sacrifice the American economy in service to their rightist idealism."
There you go again projecting my thoughts and beliefs. When will you guys stop following what Paul Klugman says. He has been wrong more on the economy than Biden has been on foreign policy.
When will you guys stop following what Paul Klugman says. He has been wrong more on the economy than Biden has been on foreign policy.
He's got a Nobel and you managed insurance sellers.
Ad hominem when you are incapable of even attempting to address the substance of what "Paul Klugman [sic]" (and others) say. Sad.
I choose not to put much credence to awards given by leftist globalists. What does my career path have to do with an opinion on an individual? Your being a nurse certainly does not disqualify you from expressing your leftist opinions.
I choose not to put much credence to awards given by leftist globalists.
I see. QAnon conspiracy much? Global awards are now some sort of attack on you rightist idealists.
What does my career path have to do with an opinion on an individual? Your being a nurse certainly does not disqualify you from expressing your leftist opinions.
Whooosh. If I'm going to dispute a Nobel prize winning economist like "Paul Klugman [sic]" I'm sure going to come up with some evidence or expertise superior to your RW whining and deflection.
I choose not to put much credence to awards given by leftist globalists.
I see. QAnon conspiracy much? Global awards are now some sort of attack on you rightist idealists.
What does my career path have to do with an opinion on an individual? Your being a nurse certainly does not disqualify you from expressing your leftist opinions.
Whooosh. If I'm going to dispute a Nobel prize winning economist like "Paul Klugman [sic]" I'm sure going to come up with some evidence or expertise superior to your RW whining and deflection.
Thx trump.however, is a majority that appears to believe we're in a recession, according to one poll, when the opposite is true.
Are you venturing into an intellectual sewer again Vrede? Having a battle of wits with unarmed people? Kicking kittens? 
