He says if Trump continues deporting immigrants at the current rate, inflation will go from 2.5% to somewhere close to 4% “by the time it hits its peak early next year.”
Zandi says his stark prediction is based on recent inflation data. “Foreign-born labor force is declining, and the overall labor force has gone flat since the beginning of the year,” he added. “That’s causing tightening in a lot of markets, adding to costs and inflation.”
This assumes his deportation figures are accurate. I doubt they’re deporting 750 people/day.
In order to deport lots and lots of people you actually need other undocumented folks to tattle on the actual bad guys. Except when you deport everyone (including US citizens) you don’t get those tattlers anymore. Instead, you get neighborhoods and sometimes entire cities worth of people who will not help ICE in the slightest.
Biden averaged 742 a day without being insane about it… 750 isn’t shit when you’ve thrown all the money in the country at it… (sigh)