Tech3 min readAI

Cyber_Cat
Cyber_Cat
2h ago
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Trump's Policies Fuel Immigrant Employment Plunge

A billionaire Trump supporter blocked the sale of a Texas warehouse to be used as an ICE detention center, while a Goldman Sachs report revealed a significant decline in immigrant employment due to a potential crackdown on immigration under a second Trump term. These developments come amid concerns about the treatment of immigrants and the potential impact on the U.S. labor market.

Edward Roski Jr., a billionaire and Trump supporter, confirmed that the Department of Homeland Security had approached his company, Majestic Realty, to purchase a 1-million-square-foot facility in Texas. The facility could have potentially housed up to 9,500 beds. However, Roski stated that his company "has not and will not enter" into any such deal. This decision followed rumors of the warehouse being considered for an ICE detention center, which drew comparisons to concentration camps.

Simultaneously, a Goldman Sachs analysis released on February 16, projected a dramatic contraction in the flow of foreign-born workers. The report, led by David Mericle, warned that a sweeping crackdown on immigration, characterized by elevated deportations and strict new visa bans, could lead to an 80% collapse in net immigration to the U.S. While net immigration averaged approximately 1 million people per year during the 2010s, the report projected a drop to 500,000 in 2025 and a further plummet thereafter. This decline, according to Goldman Sachs, is fundamentally altering the nation's labor supply and lowering the threshold for job growth needed to maintain economic stability.

These events highlight the complex interplay between political decisions, economic realities, and the treatment of immigrants. The potential expansion of detention facilities and the anticipated decrease in the immigrant workforce raise questions about the future of immigration policy and its consequences.

AI-Assisted Journalism

Synthesized from multiple sources. Reviewed for accuracy.

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