I am not at all interested in the moral arguments for or against deportations anymore. We have talked about it many times here and nobody’s mind has changed. So what a waste of time…
I am much more interested in the economic effects of massive deportation. I now believe it will be a very big negative, at least in the short term, may be even big enough to tilt the economy to recession. But we have a lot of good things going for us, so that will be a tug of war.
In real estate specifically, we may see the property value of immigration heavy area go down. Pockets of east bay, east and south San Jose maybe?
Maybe or maybe not.
Slow and steady might be OK. & not give a shock to the economy i.e. deport Criminal illegals, & control new illegal immigrants i.e. control the border.
There are many ways to enforce immigration law: lock them up, make them pay fine, death penalty (like how East Germany treated illegal emigration) etc. So insisting on deportation, to me, is a choice made on moral arguments.
We don’t cancel people’s driving licenses and ban them from driving for life if we catch them speeding. Maybe we should?
GDP is irrelevant and no measure of success or failure. Only GDP per person matters. Of course GDP goes down if you deport some of the people. That doesn’t mean living standards go down.
The Chinese economy is now worth slightly more than the US economy. Does that mean the average Chinese citizen is richer than the average US citizen?
Yepp GDP went down by 2% while population was down @3.3%. So, it looks like(from rough estimates) that it was a gain for the state on per capita basis.
