The potential economic impact of Trump’s mass deportation promise

A worker holds two buckets and walks through a garden.

(Outlet: PBS News) Immigration is a key issue of this campaign. Vice President Harris says if elected, she will pass a bipartisan bill strengthening border security. Former President Trump promises a much larger crackdown including mass deportations. Zeke Hernandez, The Wharton School, University of Pennsylvania, says “We have very clear evidence that native-born young men and women will simply not do those jobs. They will not take them, even during times of very high unemployment.”Read More

How Does Your Rate Influence Your Monthly Bill?

A hand pushes the button on a power strip that has five cords plugged into it in the backdrop of an apartment.

(Outlet: Marketwatch) “While there are predictable seasonal patterns, weather extremes can quickly add to soaring bills even if you agreed on a fixed electricity price with your provider. If you want to avoid bill surprises, it is important that you occasionally check on your up-to-date power consumption through your utility’s online portal, and adjust if needed,” says Arthur van Benthem, Associate Professor of Business Economics and Public Policy at the Wharton School.Read More

Trump’s mass deportation plan would be ‘economic disaster’ for US

Donald Trump speaks at a podium that says Trump Vance 2024 on it, spreading his arms wide and looking out over the camera.

(Outlet: The Guardian) “It would be an economic disaster for America and Americans,” says Zeke Hernandez, an economics professor at the Wharton School of the University of Pennsylvania, of Trump’s deportations threat. “It’s not just the immigrants would be harmed, but we, the people of America, would be economically harmed.”Read More

Climate Change Should Make You Rethink Homeownership

A wall with paint and door facing into a sunset with signs posted to the open window/doors.

(Outlet: The New York Times) As the Southeast begins to recover from back-to-back hurricanes, potential home buyers across the country should take notice of the billions of dollars in property damage from the storms, some of it uninsured. The tremendous loss in places such as Swannanoa, N.C., and Keaton Beach, Fla., shows that homeownership in a world of growing disaster risk is less of an asset than it once was, writes Ben Keys.Read More