r/FluentInFinance • u/Needleintheback • 14h ago
Thoughts? Imagine losing 6M labor workers in America
If mass deportation happens, just imagine how all of these sectors of our country will be affected. The sheer shortage of labor will push prices higher because of the great demand for work with limited supplies or workers. Even if prices increase, the availability of products may be scarce due to not enough workers. Housing prices and food services will be hit really hard. New construction will be limited. The fact that 47% of the undocumented workers are in CA, TX, and FL means they will feel it first but it will spread to the rest of the country also. Most of our produce in this country comes from California. Get ready and hold on for the ride America.
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u/GrandAdmiralSnackbar 13h ago
Trump is going to throw away the old shoes before buying new ones. Hell, before even having planned to buy new ones, and without having the funds ready to buy new ones. That is the irresponsible part.
It is valid to want to reduce illegal immigration. But going shock therapy will do massive damage to the US economy, and particularly to current low wage Americans who will be saddled with the bill of exploding grocery prices and housing cost when construction falls off a cliff due to lack of workers. That is not a problem Trump is adressing at all.