This move by Donald Trump could be worse than the Great Recession, if you are an investor take note
US Presidential elections 2024. However, as he has finally come to power, his plans of implementing mass deportations is instilling fear in the minds of economists, who are even claiming that there could be some massive trouble for the US economy if Trump decides to go ahead with this plan.
Will Trump something similar to Great Depression with his deportation plans?
According to a report by Democrats in the Congressional Joint Economic Committee, Trump's plans could affect the US economy more than the Great Depression ever did, which may spell trouble for the future of the Donald Trump administration, if this prediction indeed comes true.
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Even though a variety of Trump's economic policies have been received well by the Americans, the concept of mass deportations is apparently scaring a majority of them, as there is no saying as to what could be the condition of the US economy or even the political affairs in the country after this issue. There are even chances that inflation could be ignited on the basis of these decisions from the upcoming Trump administration.
FAQs:
Has Donald Trump won the US Presidential elections?
Yes, Donald Trump is currently the new US President-elect, and will be taking up charge from January, 2025 after the inauguration ceremony.
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