From Pine View Farm

Bad for Business, Too 2

At MarketWatch, M. I. T. Professor Simon Johnson considers the three main components of Donald Trump’s popular appeal and finds them all disturbing and–here’s why this article was carried on MarketWatch–economically destructive. Here’s a bit of what he says about one: the anti-immigrant position:

. . . Trump is the most anti-immigrant presidential candidate the U.S. has seen in modern times. His first idea and overriding catchphrase is to “build a wall” along the country’s southern border, which would supposedly keep out Mexican and other Latin immigrants. He also wants to deport 11 million people and keep out all Muslims.

This is a recipe for a police state — checking identities, raiding people’s houses, and encouraging neighbors to inform on one another. It is also fundamentally anti-American, in the sense of undermining everything that the country has achieved. The U.S. is a nation of immigrants — the best in the world at integrating new arrivals. After one generation in the country, no one cares where your family came from.

Trump — and those who bring him to power — would throw all of this out of the window. The associated social disruption would by itself cause not just an economic slowdown, but a sustained decline in GDP and incomes.

Trump is repugnant on many levels, including an economic one.

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2 comments

  1. George Smith

    June 1, 2016 at 12:30 pm

    Hmmm. See last sentence. Could just as well be applied to defense spending, as it has already caused everything defined by those words.

     
  2. tech news daily reddit

    June 1, 2016 at 1:30 pm

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    loved it. While in higher school, his pal convinced him to try playing basketball 1
    day and his journey with basketball started then, and continues right now as he plays for the Illinois Tech men’s basketball team.

     
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