A newly released analysis indicates that continued anti-immigration measures under the Trump administration could result in a significant financial hit to American retirees. According to the report, which was provided exclusively to The Guardian, elderly citizens could see an average decline of $2,152 in yearly Social Security payments by 2034. This figure represents an 8.6% reduction in retirement benefits that would persist annually if current policies remain in effect.
The study highlights broader economic consequences stemming from the departure of 1.2 million foreign-born workers over the past two years. These policy-driven changes have already contributed to rising food prices and a decrease in housing permits for new home construction. Furthermore, the report notes that native-born Americans are also experiencing negative effects, including a loss of potential job opportunities as a result of the sudden exodus of immigrant labor.
I need to see the methodology before I believe this. Is the data from a credible economic institute or just speculation?
Wait, so removing immigrants actually hurts native workers? That report really flips the typical political argument on its head.