This is the best guarantee that cost pressures from tariffs and mass removals will manifest in wage-price spirals, combined with growth reducing economic policy uncertainty — particularly if the Trump administration does not adhere to Supreme Court rulings on this subject.
For all the people who have been warning about debasement of the currency, now is the time to really worry, and stand up.
Addendum:
Response from Governor Cook:
“President Trump purported to fire me “for cause” when no cause exists under the law, and he has no authority to do so. I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022.”
There are no mass removals. Its bogus nonsense from global Zionist Stephen Miller. Notice in the first Trump administration they ignored illegal immigration instead suppressing legal immigration. It was a disaster as corporate marketing sensed the weakness causing a surge of people coming into the US unmarked by the border patrol. Its why total numbers don’t look bad. When Biden came in, orders were to mark all immigrants rather than ignore them. Causing a bs “surge”. Mass deportations by the Biden Administration lowered illegal count from 16 to 14 million by January 2025. The same number Miller left with in 2021. Essentially ICE is a scam organization. Its raids net little and immigrants just move and hide. No ramifications for the companies using them mean they will shake rattle and roll. With the labor market starting its recession phase, businesses will even shake rattle and roll even more as they will have far less need for immigrant labor and can prioritize.
You better believe a recession is starting. Online shopping is contracting and delivery trucks are down 20% from the peak last fall. Less goods being moved.