Economist Paul Krugman Warns Trump Immigration Crackdown Will Harm Key Industries
Krugman predicts food production and home construction will suffer due to mass deportations and heightened immigration enforcement.
- Paul Krugman, a Nobel Prize-winning economist, has raised concerns about President Trump's immigration policies, warning of significant economic and humanitarian consequences.
- Krugman highlighted that undocumented immigrants make up around 5% of the U.S. workforce, with key industries like agriculture and construction heavily reliant on migrant labor.
- He predicts that deportations and a climate of fear will lead to reduced labor availability, driving up grocery prices and increasing the cost of homebuilding.
- Krugman expressed skepticism that the Trump administration can maintain a controlled approach to enforcement, suggesting that overzealous actions by officials and vigilante behavior may escalate tensions.
- The economist also warned of broader societal impacts, including potential increases in discrimination and a shift toward a more hostile environment for immigrants.