‘Economic Tsunami’: Fearing Donald Trump, Immigrants in New York Spend Less

According to the Center of an Urban Future, forty-seven percent of New York City's work force is made up of immigrants. Newly elected President Donald Trump has made the deportation of illegal immigrants one of his top priorities for our country moving forward. In New York City, there are 574,000 illegal immigrants whom pay $793 million a year in taxes, which is about 10 percent of the city. It is very difficult to truly understand the "massive ripple effect" that this massive deportation could have on the city or even our country. Jonathan Bowles, executive director of the Center for an Urban Future says "and these are folks that pay taxes, that spend money in their communities, that may be employing other New Yorkers. And we could see others take flight." It is often overlooked the actual impact undocumented immigrants have in our country, and the potential negative impact that could occur if Trump's plans were to be put to action. Many illegal immigrants that may end up being forced to leave have cut back on spending and have began to save because they do not know what is to come next. It is clear that no one knows for certain the kind of effect the deportation of so many people will have, but it is clearly something that needs to be brought to light. The majority of the undocumented immigrants have established jobs and are employers with companies. Negative impacts that will surely come include unemployment, and decreased consumption, and the cities more than anything will be forced to deal with the effects above all. Trumps new plans to deport immigrants in such massive numbers will surely have a greater effect on our economy than people expect.

http://www.nytimes.com/2016/11/23/nyregion/economic-tsunami-fearing-donald-trump-immigrants-in-new-york-spend-less.html?_r=0