• Trump's deportations could cost California 'hundreds of billions of dol

    From Prez Newsom@21:1/5 to All on Sat Mar 15 08:05:04 2025
    XPost: alt.fan.rush-limbaugh, sac.politics, talk.politics.misc
    XPost: or.politics, alt.california.illegals

    Mass deportations promised by President-elect Donald Trump could have a
    seismic economic effect in California — potentially inflicting billions of dollars in direct damages to a wide range of industries, including small business, agriculture, construction and child care, advocates and
    academics said.

    The impact could also spread outward to other sectors, including growth
    drivers like tech.

    The Golden State relies heavily on the labor of immigrants, whether
    they’re naturalized U.S. citizens, have temporary visas or are
    undocumented. More than 10 million, or 27%, of California’s population is foreign-born, according to the most recent U.S. Census data. Roughly a
    fifth of those are thought to be undocumented; as of 2022, estimates
    ranged from 1.8 million undocumented immigrants, according to the Pew
    Research Center, to 2.4 million, according to the left-leaning Institute
    on Taxation and Economic Policy.

    If undocumented immigrants “magically disappear, you’re going to erase 10%
    of California production,” said Giovanni Peri, professor of international economics at UC Davis. “We’re talking about hundreds of billions of
    dollars.”

    The loss of workers only speaks to part of the financial impact of deportations. Undocumented immigrants also power the state’s economy as consumers and taxpayers.

    There may also be indirect impacts from the deportations. The loss of
    workers in construction, agriculture (including the state’s world-famous
    wine industry), hospitality and the care economy would have ripple effects
    on the rest of the state, according to Manuel Pastor, professor of
    sociology and American studies and ethnicity at the University of Southern California.

    “Behind every software engineer is an army of nannies, food-service
    workers and gardeners,” Pastor said.

    Lazy stupid liberals will have to learn to do those jobs.

    https://calmatters.org/economy/2024/11/trump-deportations-california- economics/

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