Summary

Representative Alexandria Ocasio-Cortez warned that Trump’s mass deportation policy could lead to labor shortages and higher grocery prices.

Experts say agriculture, construction, and healthcare will be hardest hit, with farm output losses estimated between $30 and $60 billion.

Deportations could cost the U.S. economy up to $88 billion annually.

AOC argued that immigrant labor is vital to economic stability, urging Congress to pursue immigration reform.

  • dx1@lemmy.world
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    7 hours ago

    It depends on the market. If producing less food with the same resources costs more, prices will rise–especially on large commercial farms, which dominate the U.S. agricultural sector.

    The part you quoted from what I said was in reference to an agricultural buyer being lost. There are other reasons to anticipate the costs of inputs increasing, but I’m going through analyzing factor by factor (descending analysis) and all of a sudden we’re jumping back up to the top to talk about something else.

    Re: grocery chains (not USAID) and futures contracts - not sure how this ties in either, we’re talking about USAID, which AFAIK does procurement through a bidding process for direct purchases, not via futures.