Good Morning America Persuasive Essay
The economy isn't something Trump looks forward to tackling. In a January interview with "Good Morning America," Trump offered up a bleak assessment of the U.S. economy but added that, in terms of fixing it, it's a task he'd rather skip.
"We're in a bubble," he said. "And, frankly, if there's going to be a bubble popping, I hope they pop before I become president because I don't want to inherit all this stuff. I'd rather it be the day before rather than the day after, I will tell you that."
Despite his hesitancy, many Americans appear to believe a Trump presidency would be good for the economy. According to a Zogby Analytics poll, voters believe he would be better prepared to handle the economy, taxes and create jobs than likely Democratic …show more content…
economy and markets look like if Trump becomes No. 45.
Trump's Expensive Immigration Plan
Trump's immigration plans cost him a handful of business deals, but they might cost the United States much more.
The American Action Forum, a right-leaning policy institute based in Washington D.C., estimates that immediately and fully enforcing current immigration law, as Trump has suggested, would cost the federal government from $400 billion to $600 billion. It would shrink the labor force by 11 million workers, reduce the real GDP by $1.6 trillion and take 20 years to complete (Trump has said he could do it in 18 months).
"It will harm the U.S. economy," said Doug Holtz-Eakin, president of the American Action Forum and chief economic policy adviser to Sen. John McCain's 2008 presidential campaign. "Immigration is an enormous source of economic vitality."
The impact would be felt on both supply and demand.
A number of industries that depend heavily on cheap immigrant labor would be devastated -- especially agriculture. "There would be an abrupt drop in farm income and a sharp rise in food prices," said John McLaren, professor of economics at the University of Virginia with expertise in international trade, economic development and the political
"We're in a bubble," he said. "And, frankly, if there's going to be a bubble popping, I hope they pop before I become president because I don't want to inherit all this stuff. I'd rather it be the day before rather than the day after, I will tell you that."
Despite his hesitancy, many Americans appear to believe a Trump presidency would be good for the economy. According to a Zogby Analytics poll, voters believe he would be better prepared to handle the economy, taxes and create jobs than likely Democratic …show more content…
economy and markets look like if Trump becomes No. 45.
Trump's Expensive Immigration Plan
Trump's immigration plans cost him a handful of business deals, but they might cost the United States much more.
The American Action Forum, a right-leaning policy institute based in Washington D.C., estimates that immediately and fully enforcing current immigration law, as Trump has suggested, would cost the federal government from $400 billion to $600 billion. It would shrink the labor force by 11 million workers, reduce the real GDP by $1.6 trillion and take 20 years to complete (Trump has said he could do it in 18 months).
"It will harm the U.S. economy," said Doug Holtz-Eakin, president of the American Action Forum and chief economic policy adviser to Sen. John McCain's 2008 presidential campaign. "Immigration is an enormous source of economic vitality."
The impact would be felt on both supply and demand.
A number of industries that depend heavily on cheap immigrant labor would be devastated -- especially agriculture. "There would be an abrupt drop in farm income and a sharp rise in food prices," said John McLaren, professor of economics at the University of Virginia with expertise in international trade, economic development and the political