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US Economy Report Sounds Alarm for Donald Trump

US Economy Report Sounds Alarm for Donald Trump

Summary

A study by the National Foundation for American Policy warns that President Trump's immigration policies could significantly reduce the U.S. labor force and slow economic growth. This report predicts declines in economic output and increases in federal debt, as restrictive immigration measures might hinder job growth and productivity.

Key Facts

  • The study suggests the U.S. labor force could drop by 6.8 million people by 2028 and 15.7 million by 2035.
  • Changes in immigration policy, including reduced refugee admissions and travel bans, contribute to this projected decline.
  • The Gross Domestic Product (GDP) might decrease by $1.9 trillion from 2025 to 2028 and by $12.1 trillion by 2035.
  • Federal public debt could rise by $252 billion by 2028 and $1.74 trillion by 2035 due to these policies.
  • Foreign-born workers made up about 85% of new workers between 2019 and 2024.
  • The Department of Labor noted that immigration enforcement affects agriculture and food prices negatively.
  • Abigail Jackson of the White House stated that the administration aims to create jobs for American workers.
  • The report highlights that tighter immigration rules may slow job growth and productivity, impacting living standards.

Source Information