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How Trump’s Mass Deportations Could Backfire on the American Economy by Shrinking Paychecks
UNITED STATES, JUL 25 – Analysis predicts Trump's deportation plan would reduce GDP by 3.3%, lower wages by 1.7%, and increase federal deficits by $987 billion over 10 years, Penn Wharton researchers said.
- During the 2024 campaign, President Donald Trump pledged the largest domestic deportation program, removing 10% of unauthorized immigrants annually, the Penn Wharton Budget Model warns it could shrink wages and GDP while spiking the federal deficit.
- As a cornerstone of his agenda, President Donald Trump framed mass deportations as the path to economic revival, White House spokesman Kush Desai said it would tap untapped American labor potential.
- The Penn Wharton analysis found a four-year removal of 10% of unauthorized immigrants would raise deficits by $350 billion, cut GDP by 1%, and dent wages, while a ten-year scenario would swell deficits to $987 billion, shrink GDP by 3.3%, and reduce wages by 1.7%.
- Kent Smetters noted high-skilled workers would lose $2,764 annually under a ten-year deportation plan, while authorized lower-skilled workers would see a 5% wage increase by 2034.
- Joe Brusuelas said the study `strongly implies that the current path of immigration policy is not economically sustainable nor supportive of growth or narrowing budget deficits`, and economists warn retiring Baby Boomers and deportations will heighten labor shortages.
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Mass Deportations Could Backfire on the Economy
A Penn Wharton Budget Model analysis shows the administration’s immigration crackdown will “shrink most worker paychecks, erode gross domestic product (GDP) and spike the already-massive federal government budget deficit,” CNN reports.
·New York, United States
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US President Donald Trump has promised to unleash an economic boom that will boost growth, raise wages, and reduce the country's massive debt.
Coverage Details
Total News Sources13
Leaning Left1Leaning Right0Center12Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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