The Economic Drain of Mass Deportation

A Dallas Fed study shows how much it could sap economic growth

WSJ editorial. Excerpts:

"if people have lived and worked in the U.S. under TPS [temporary protected status] for 30 years, what’s to be gained by kicking them out?" 

"an economic paper published Tuesday by the Federal Reserve Bank of Dallas. “Our analysis,” the authors say, “raises the concern that a sharp tightening of immigration policies has the potential to substantially reduce output growth.”" 

"“U.S. GDP growth typically increases for two years in response to an unexpected increase in net unauthorized immigration and then gradually reverts to its mean,” the authors write. “Inflation shows almost no response in the first few years but decreases slightly at longer horizons.”"

"Under “mass interior deportation,” with removals rising over the next two years to a million annually, growth would be 0.89 point lower this year and 1.49 in 2027."

"42% of farmworkers in 2020-22 didn’t have legal work authorization"