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@therightarticle for a country with the #gdp about the same as the state of #Maryland it sure has an outsized hold on #dc.
#gdp
6 posts6 participants0 posts today
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“Economists found that for every 500K deportations, 44K Americans lose their jobs as the economy contracts.
Undocumented immigrants are not just workers, they're consumers. The economy is not a zero-sum game; when the whole pie is growing, we win. When it shrinks, we lose.”
-A Reichlin-Melnick
The #TrumpRegime’s #deportations aren’t just cruel, expensive, & racist, they harm communities, imperil the #immigrants in #detention & in the C they’re sent, &
the #GDP.
#USPol
https://immresearch.org/publications/the-economic-and-fiscal-impacts-of-mass-deportation-whats-at-risk-in-new-york/
Immigration Research Initiative - Understanding economics, advancing policy, supporting action · The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in New York - Immigration Research InitiativeThe Trump Administration is promising an unprecedented intensity of enforcement actions aimed at removing immigrants from their communities, their workplace, and often from their families. In many cases this may result in deportations, in many others it may mean indefinite incarceration in detention centers. The new administration is also promising to radically reduce the
"#DHS terminated
1M people's parole with no public notice, trying to turn them into illegal #immigrants & telling them "don't attempt to remain in the US," even though most of them had other applications pending to stay here. Utterly depraved & illegal actions."
-D Bier
The #TrumpRegime isn't just cruel, it's diabolical. 1M people who had legal status through #TPS, for no good reason, other than hatred & racism, were stripped of it. They help
the #GDP, pay taxes...
#Immigrants #Economy #USPol
China’s economy shows signs of recovery despite structural challenges and imperfect GDP data, but its future growth and global impact hinge on trade relations with the U.S. and how economic progress is measured. https://www.japantimes.co.jp/commentary/2025/07/10/world/gdp-china-equation/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #china #gdp #chineseeconomy
The Japan Times · Taking GDP out of the China equation
The Trump admin’s curbs on immigration & ramped-up #deportations will lower US economic growth by almost a full percentage point this year, acc to a study from the Fed Reserve Bank of Dallas.
The drastic dropin #immigrants across the southern border & increased efforts to deport more foreign-born workers could subtract about 0.8 percentage point from #GDP in 2025, acc to an analysis by economists incl Pia Orrenius.
Add Trump's #Tariffs...
#Trumpcession #Economy #USPol https://www.bloomberg.com/news/articles/2025-07-08/us-immigration-curbs-to-hit-economy-hard-in-2025-fed-study-says
Kritik an Grenzkontrollen reißt nicht ab
Viel Aufwand für wenige Zurückweisungen an den Grenzen: Die Gewerkschaft der Polizei kritisiert die verschärften Kontrollen, die zu Millionen Überstunden führen. Verstimmt ist auch die polnische Regierung.
tagesschau.de · Kritik an Grenzkontrollen reißt nicht abViel Aufwand für wenige Zurückweisungen an den Grenzen: Die Gewerkschaft der Polizei kritisiert die verschärften Kontrollen, die zu Millionen Überstunden führen. Verstimmt ist auch die polnische Regierung.
"As growth recedes, the human needs and aspirations bracketed by capitalism’s exclusive pursuit of profit-driven efficiencies are left exposed. Its defenders had always argued that capitalist growth would supply the best means to deal with broader social challenges, whether political, cultural or environmental.footnote Yet attempts to incorporate other principles into capitalist operations—ethical consumption, esg investing, corporate social-responsibility programmes—remain constrained by the system’s profit-driven logic. Qualitative goals are reduced to quantitative targets, producing performative compliance with little tangible effect. Similarly, broader state-backed reforms aim to ameliorate the system by introducing secondary goals—social-democratic measures, environmental regulation—while leaving the logic of ‘single-criterion optimization’—that is, production for profit—unchanged. These programmes can play a welcome role in mitigating exploitation and ecological harm, but they remain at the mercy of capitalism’s profitability requirements and will be scythed by public-spending cuts should state revenues fall short.
But then, the deeper problem is not just that capitalism is failing to live up to its promise of rising living standards—the issue is that living standards are understood in an extremely narrow way: in terms of incomes, as measured by gdp per capita. Organizing a society around a single metric will always be an impoverished way of structuring collective life. The same logic would apply to any economy organized around a single guiding principle. Even a post-capitalist social order that abandoned profit maximization while maintaining output maximization as its organizing goal would still operate through single-criterion optimization. No matter which metric is chosen, the result is always a radical simplification of the multi-dimensional problems we face."
https://newleftreview.org/issues/ii153/articles/aaron-benanav-beyond-capitalism-1
New Left ReviewAaron Benanav, Beyond Capitalism—1, NLR 153, May–June 2025In the first instalment of a major contribution to the reconceptualization of a post-capitalist social order, Aaron Benanav marshals insights from a long century of socialist thought and practice—Cabet, Marx, Preobrazhensky, Neurath, Keynes—to lay the theoretical foundations for his own multi-criterial model.
https://www.europesays.com/us/39559/ Billionaire Ray Dalio Says US Unlikely To Change Debt Trajectory and Avoid a Financial Crash – Here’s Why #Business #debt #deficit #Economy #GDP #GrossDomesticProduct #News #RayDalio #UnitedStates #UnitedStates #US #USEconomy
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The #IMF said the #legislation runs counter to its advice that the #US should be working to shrink its fiscal #deficits over the medium term.
“From the IMF side, we have been consistent in saying that the US will need to reduce its fiscal deficit over time to put public #debt to #GDP on a decisive downward path,” Julie Kozack said.
Kozack noted that there’s broad agreement that the #Republican bill would likely increase the US fiscal deficit.
Paycheck processor #ADP release grim data ahead of July 4th showing over 30,000+ jobs lost across private employers in #USA.
While described as " a surprise move in the wrong direction" , I'm personally very #unsurprised, that American #employment is in a tariff tailspin amidst #GOP #GDP games, including the drastic #Drumpf #deportation dramas taking toll.on #economic activity, amidst fiscal fear factors slowing growth, stifling #ConsumerConfidence and regular #retail activity while radically raising costs on everything from food, housing, clothing, travel and energy.
#WelcomeToTheJungle #TrumpBump
https://qz.com/us-private-payrolls-jobs-report-june-adp-1851785496
Trump's IMM crackdown "will ... put significant downward pressure on growth in the labor force & employment.Monthly payroll employment growth could be near zero or negative in the next few years."
"I feel like people are forgetting the Trump admin stripped 100s of 1000s of ppl of legal status & work permits. That is probably playing a measurable role in this."
-A R-Melnick
#Trumpcession #Unemployment #Immigrants #Deportations #Economy #GDP #TrumpRegime #Protest #USPol 
https://www.nytimes.com/2025/07/02/business/jobs-numbers-immigration-fed.html
The percentage of GDP spent on defense is a politically convenient but flawed metric that oversimplifies the complex realities of alliance management, differing national contributions and varying security needs. https://www.japantimes.co.jp/commentary/2025/07/02/japan/spending-on-defense-goals/?utm_medium=Social&utm_source=mastodon #commentary #japan #us #donaldtrump #sdf #defense #gdp
"More than scientists, bc if labs close this will lead to losses in jobs that support R&D nationally. Our SCIMaP analysis estimates that FY26 NIH cuts alone will lead to$46B in economic losses & 202K lost jobs in communities throughout the US."
-J Weitz
The scale of funding cuts in the US means thatcountless scientists will lose their jobs. It'd be naive not to start thinking about alt career paths.
#NSF #NIH #Science #Research #Health #TrumpRegime #Economy #GDP #USPol
https://www.nature.com/articles/d41586-025-01953-9
www.nature.comIf you’re a US researcher, now is the time to establish a plan BThe scale of funding cuts in the United States means that countless scientists will lose their jobs. It would be naive not to start thinking about alternative career paths.
"A 6th-generation California farmer says Trump's immigration raids have led nearly 70% of workers to stay home (even those with legal status), which she believes will drive many farms out of business."
-A Reichlin-Melnick
The #TrumpRegime's immigration crackdown is destroying the US economy & future. It'll lead to #stagflation bc of a lack of workers from fear & #deportations, shtgs of food...
#Immigrants #ICE #GDP #Trumpcession #Racism #Sadism #Resist #Protest #USPol
https://www.reuters.com/business/immigration-raids-leave-crops-unharvested-california-farms-risk-2025-06-30/
"This is principally an action in pursuit of mass #deportations.
"Surprisingly absolutely no one, the main purpose of #ICE worksite raids is to arrest the employees & deport them.
Claims:they're "rescuing" people from trafficking or cracking down on employers is just hot air; ICE does these raids to arrest lg#s of #immigrants."
-A R-Melnick
Trump protects bus owners & sells out WKRs. This will backfire: WF shortages, lower #GDP...
#Racism #WhiteNationalism #DHS #USPol https://www.washingtonpost.com/immigration/2025/06/30/ice-raids-arrests-workers-companies/
The Washington Post · ICE is arresting migrants in worksite raids. Employers are largely escaping charges.
Putin’s Military Ramp-up Could Spark $1.5 Trillion Conflict
Some Russian generals and senior officials have said publicly that their imperial ambitions don’t end with Ukraine By…
#Economy #BloombergGraphics #EconomyofEU #EconomyoftheEU #EU #EUeconomy #Europe #GDP #Graphic #nato #Putin #trump #Ukraine #US
https://www.europesays.com/2199161/
Announced immigrant policieswill negatively impact millions by separating families & raising the costs of goods & services by $2,150 more each yr.
Recent IMM policies proposed by Trump *underway: revoking IMM work permits, Ms of #deportations, & limiting legal IMM, would directly undermine the goal.
All Americans: esp working-class families: about to unnecessarily see prices for goods & services like food & housing increase substantially again.
#Immigrants #GDP #USPol https://www.fwd.us/news/new-immigration-policies-will-increase-prices-for-americans/
**Global economy to slow amid 'most severe trade war since 1930s', says Fitch**
_“Our latest GDP forecasts reflect extreme volatility in US trade policy in recent months, which has increased uncertainty and will further weigh on growth,”_
https://finance.yahoo.com/news/global-economy-trump-trade-war-us-china-143342764.html
Yahoo Finance · Global economy to slow amid 'most severe trade war since 1930s', says Fitch
“Right now, I have zero workers,” -N Billman -Red River Farms, a farm-to-table op in Donna, TX. He wonders whether to plant if he'sno one to maintain the fields & harvest them.
It's difficult to estimate how many workers have stopped going to work -seeing fewer & fewer workers at the farm...
The economic fallout from the #TrumpRegime's IMM policies is underreported. Food scarcity & #inflation will be devastating to Americans.
#Deportations #Immigrants #ICE #GDP #USPol
https://www.nytimes.com/2025/06/27/us/politics/border-immigration-farms.html?smid=nytcore-ios-share&referringSource=articleShare
The New York Times · On a Quiet Southern Border, Empty Farms and Frightened Workers