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.”

  • perviouslyiner@lemmy.world
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    9 hours ago

    oh no, small farms will go bankrupt and have to sell to larger farms that Trump’s friends own… Oops, what an accidental bribe!