If only Kamala had gotten elected, then we would be in good shape as millions of illegals keep flooding across the border.
Where do you think economies come from? The sky? Bad economies require bad decisions by business people. They need to go out of business, so businesses who make good decisions can take over. That process is cut short by government interference when it tries to make the economy better.
What really happens if the people via the government keep interfering with the economy over many decades? All those bad decisions accumulate until the economy stops working normally, then it is ready for a depression. This takes about 60 to 80 years of stability. We are at 80 years now.
The damage was already done before Trump got elected. It's too late now.
It is true that the US Government has made some poor decisions concerning the economy over time. It also has made some good ones. Overall, the long term growth rate is better than most. The stock market has thrived and to an extent Americans have benefited though it has been unequal in terms of distribution.
Consider the case of Standard Oil, or other trusts that tried to monopolize their industries. Government regulation assisted in managing industry policies for example in oil, transportation, and utilities, (among others). De-regulating like Reagan did with the financial industry can result in more problems than government regulation. For Reagan, the result was the savings and loan crisis.
Trump in general interferes with free markets more than most modern U.S. politicians. This is true with tariffs, but also in adjusting taxes giving extra preference to those with tip income, overtime and even seniors. Biden did the same thing playing favorites on student loan borrowers. Such decisions are tied to attracting voters. Even the 2.000 rebate from borrowed money is another poor Trump proposal to intervene in the economy.
I will say though that God determines the long run wealth of a nation, a community, and a family. He blesses those that bless Israel, he rewards, those that give, and helps those that support the poor, alien and fatherless. So to an extent the law of sowing and reaping supercedes man's economic law.. This decline in America's Christianity is well recognized. So while it is great to talk economic policy the root cause of the fall or rise of any people is also based on their relationship with God and the will that he has for such a people.
For myself, I embrace a depression because the status quo is unsustainable. Such a depression can foster things of God and rid American of the excesses that it has accumulated. Individually, though if one is attentive to God, then God can prosper them even in a huge depression.
Though the poor long term decisions mostly surround the taking on debt, I would stay away from blaming immigrants. As to Harris' immigration policy, Biden too had pivoted in immigration policy during his last year in office. But the idea that immigrants take more than they give to America is unclear. Here is how google ai summed it up.
Q - do illegals in American contribute or take away economic growth?
"Overall impact
- Mixed impact: The overall economic impact is complex and debated, but analyses often highlight the significant labor contributions of undocumented immigrants, particularly in specific sectors.
- Long-term benefits: Some research suggests that over the long term, the contributions of immigrants, including those without legal status, can be a net positive for the economy"
