Besides being cruel, deporting 11 million unauthorized immigrants would cause labor shortages and slash national wage and salary income, likely triggering a recession and reigniting inflation.
Robert J. Shapiro
Follow Robert on Twitter @robshapiro. Robert J. Shapiro, a Washington Monthly contributing writer, is the chairman of Sonecon and a Senior Fellow at the McDonough School of Business at Georgetown University. He previously served as Under Secretary of Commerce for Economic Affairs under Bill Clinton and advised senior members of the Obama administration on economic policy.
Posted inEconomy
Why Biden and Most Americans Should Welcome the Latest GDP Report
Despite the Gross Domestic Product growing at a sluggish 1.6 percent rate, the Biden economy still has plenty of zing.
Posted inEconomy
Based on Incomes, Americans Are a Lot Better Off Under Biden Than Under Trump
Despite a spurt of high inflation that has dramatically receded, Joltin’ Joe’s economy is far more robust than that of his oft-indicted predecessor.
Posted inEconomy
Data Don’t Lie: Biden’s Economic Record is Much Better than Trump’s
Donald Trump’s prospects for a second presidential term may well rest on whether voters accept his proposition that facts no longer matter. A case in point is his narrative that the economy was stronger during his presidency than under President Joe Biden. With few reality checks from the economic media, most of the public apparently […]
Posted inEconomy
Why Biden’s Good Economic News Hasn’t Helped Him Politically—So Far
The economy is on an excellent track right now—incredibly low unemployment, declining inflation, and stunning productivity growth—but the president is still coping with income growth.
Posted inPolitics
When You Know How Polls Work, You Realize That The Early Polls Don’t Matter
We would have had Presidents Gore, McCain, and Romney if the early polls were accurate.
Posted inEconomy
Trade Agreements Have Created U.S. Jobs And Raised U.S. Incomes
Robert Reich’s blunderbuss opposition to trade deals forged by the Clinton and Obama administrations relies on economic ignorance and misreading the data.
Posted inPolitics
Oops! Ron DeSantis’s Economic Program and Critique Make the Case for Bidenomics
Most everything the Florida governor promises in his new plan—higher growth, more energy production, easing inequality—is already happening under the Democratic president.
Posted inEconomy
Encouraging News on Inflation is Why the Fed Paused Rate Hikes and May Want to Keep Them Paused
This isn’t the 1970s. Smart public policy has led to a rare twin success—a dramatic drop slowdown in inflation and an expanding economy.
Posted inEconomy
Why Don’t Americans Recognize that Inflation is Down and Incomes Are Up?
There’s a lot of good economic news out there that the media underreports. The Biden administration and congressional Democrats need to brag more often and louder.
