There are a couple factors at play and ICE is actually a smaller one.
Tarrifs - Trumps approach makes everything in US more expensive and also adds uncertainty (because he uses them at a whim)
Policy Whiplash - Lots of tax/subsidy/regulation/grant changes disrupting business. This has disrupted existing projects and caused increase uncertainty in operating a business
Dollar loosing value - Aggression against allies/tariffs/etc. has caused allies to dump US bonds increasing our borrowing rate and hurting the dollar. This can be good for industry long term, but means less purchasing power and less confidence in the economy.
Overall, Trump causes uncertainty in the world and economy. Uncertainty usually causes people to be more careful/conservative leading to economic slowdown.
Oh I get it! I lost my job due to bullet item #2. I worked for a federal contractor. Had there been sufficient warning and a gradual shift in funding, I’m 99% confident that the company I worked for could have shifted gears and successfully pursued alternative funding, sparing thousands of good jobs. In fact, before Trump took office, we were already heading in that direction.
However, the Trump administration immediately and without precedent rescinded payments and cancelled signed contracts, which was disastrous and completely unrecoverable. Not only for my place of employment, but for thousands of others across the country.
Regardless of whether you agree or disagree with the monetary and policy changes, it’s important that these changes take place at a cadence and with enough planning that allows business to adapt. That didn’t happen. It’s wrong and immoral how things went down. It’s absolutely criminal that contracts are simply cancelled and payments pried back.
There are a couple factors at play and ICE is actually a smaller one.
Overall, Trump causes uncertainty in the world and economy. Uncertainty usually causes people to be more careful/conservative leading to economic slowdown.
The saddest part is ICE isn’t even deporting that many more people than Biden or Obama (based on numbers). They’re actually just detaining tons of people - https://www.theguardian.com/us-news/ng-interactive/2025/aug/29/trump-immigration-ice-cbp-data
Yeah, TACO just did his deportations in the most obnoxious way possible.
I would call it cruel and illegal, but yeah there really isn’t anything he’s good at.
Oh I get it! I lost my job due to bullet item #2. I worked for a federal contractor. Had there been sufficient warning and a gradual shift in funding, I’m 99% confident that the company I worked for could have shifted gears and successfully pursued alternative funding, sparing thousands of good jobs. In fact, before Trump took office, we were already heading in that direction.
However, the Trump administration immediately and without precedent rescinded payments and cancelled signed contracts, which was disastrous and completely unrecoverable. Not only for my place of employment, but for thousands of others across the country.
Regardless of whether you agree or disagree with the monetary and policy changes, it’s important that these changes take place at a cadence and with enough planning that allows business to adapt. That didn’t happen. It’s wrong and immoral how things went down. It’s absolutely criminal that contracts are simply cancelled and payments pried back.
Yeah, anyone working in the government space has been screwed over big time by this admin - except for the people they’re funneling money to.