President Donald Trump's deportations may lead to a 17% wage gain for American construction workers, as reported by the New York Times. The article highlights the impact of cheap migrant labor on construction costs and how the removal of immigrant workers could increase wages. Various experts and reports support the idea that deportations could drive up wages and benefit working-class Americans.
Key Points
Trump's deportation policy may raise wages for American workers
Deportations could drive up wages and benefit working-class Americans
Businesses may need to adjust to labor shortages by adopting more productive practices
Pros
Deportations could lead to a 17% wage gain for American construction workers
Redistribution of income from the very top to middle-income people
Potential for continued wage growth in construction due to reduced labor supply
Cons
Impact on industries relying on immigrant labor
Possible negative effects on businesses and consumers