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Krugman: Why mass deportations will drive up your grocery bill
https://www.siliconvalley.com/2024/11/13/krugman-mass-deportations-grocery-bill/
For the past few years, over and over, voters have told pollsters and pundits that they’re hopping mad about inflation. Well, we just elected a president who, if he follows through on two of his central campaign promises — across-the-board tariffs and mass deportation of immigrants lacking permanent legal status — will probably cause soaring inflation.
I’ve written about the likely inflationary impact of Donald Trump’s policies. All of that still stands. But there’s an issue that I haven’t stressed as much as I probably should have: the specific effects of his proposed deportations on grocery and housing prices, both of which have been political flashpoints.
Krugman: Why mass deportations will drive up your grocery bill
Wed Nov 13, 1:36pm UTC
https://www.siliconvalley.com/2024/11/13/krugman-mass-deportations-grocery-bill/
> For the past few years, over and over, voters have told pollsters and pundits that they’re hopping mad about inflation. Well, we just elected a president who, if he follows through on two of his central campaign promises — across-the-board tariffs and mass deportation of immigrants lacking permanent legal status — will probably cause soaring inflation.
> I’ve written about the likely inflationary impact of Donald Trump’s policies. All of that still stands. But there’s an issue that I haven’t stressed as much as I probably should have: the specific effects of his proposed deportations on grocery and housing prices, both of which have been political flashpoints.