Immigration and the macroeconomy after 2024
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Vice President Kamala Harris and former President Donald Trump present contrasting immigration policies; economic implications forecasted for 2025 and beyond; under Harris, net immigration in 2025 is projected at 3.7 million, while Trump's low scenario predicts a net outmigration of 740,000; GDP growth in 2025 could be $130 billion lower under Trump compared to Harris; cumulative growth in the civilian non-institutionalized population could range from 5 million to 15 million by 2028; Trump, low scenario could lead to a 0.2 percentage point reduction in GDP growth; immigration policies significantly impact labor force growth and economic output; long-term GDP levels in 2034 could differ by 1.4% to 3.0% based on immigration scenarios; immigration reform is deemed necessary by experts.

#Immigration #Economy #Gdp #Policy #2024Election #KamalaHarris #DonaldTrump #LaborForce #Macroeconomics #Reform

https://www.brookings.edu/articles/immigration-and-the-macroeconomy-after-2024/