Opinion: Trump’s Deportation War Will Cost the Economy Trillions of Dollars
Undocumented workers contribute 3 percent of GDP, or nearly $5 trillion in economic growth” that will vanish with Trump’s “military action” against Mexican workers.
Undocumented workers contribute 3 percent of GDP, or nearly $5 trillion in economic growth” that will vanish with Trump’s “military action” against Mexican workers.
Republicans ran on, and won big with, their claim that the GOP is “the party of solutions” founded on conservative pro-growth economic policies, deregulation, and tax cuts for the rich they claimed were more successful than anything “hapless” Democrats or Obama could ever hope to achieve. This is despite the President’s nearly five-year job growth record, world-leading GDP growth, and increased revenue paying down the nation’s debt at a record pace.
There has been relative silence on two new economic reports that put a stake in the economic agenda Republicans are frothing at the mouth to enact should they win control of Congress.
Despite their Herculean efforts to bankrupt America though, another report this week revealed the economy is on the mend despite the GOP plot to obstruct the new President’s attempt to turn around the economic disaster eight years of Republicans’ drunken spending spree on the nation’s credit card.
There were two specific announcements on Wednesday that, taken on their own, were just economic news reports, but if a person had kept abreast of Republicans’ actions over the past few months, the stories were not “news” at all but the expected culmination of congressional Republicans’ economic agenda that reveal precisely why America’s economy is struggling.
If Americans have learned only one thing about the economic recovery, it is that Republicans will make sure the only beneficiaries of good economic reports are Wall Street and corporations .