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Cato Podcast

Counting the Costs of a Trump Border Shutdown

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 3 April 2019

⏱️ 15 minutes

🧾️ Download transcript

Summary

The president says it would be a "money making operation" to shut down the U.S.-Mexico border, but that's simply not true. The costs would be enormous. Dan Ikenson and David Bier make the case.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Wednesday, April 3rd, 2019.

0:07.0

I'm Caleb Brown.

0:08.0

The President is threatening to shut down the border between the US and Mexico,

0:12.0

despite the fact that many people cross the border between the US and Mexico, despite the fact that many people

0:13.7

cross the border every day for tourism, work, business, and more than a billion

0:18.6

dollars in goods cross the US-Mexican border every day.

0:22.3

Cato's Dan Eekinson and David Beer say the U.S. Mexican border every day.

0:22.6

Cato's Dan Eekinson and David Beer say it's not without precedent.

0:27.2

The president has said that he might close the border between the United States and Mexico.

0:35.0

One of his advisors, Kelly Ann Conway,

0:37.0

says this is a threat that should be taken very seriously.

0:41.0

And to his credit, I suppose, as offering that threat seriously, it seems that the

0:47.9

president doesn't necessarily understand exactly how profits work when it comes to international trade.

0:54.1

He was quoted as saying, I'll just close the border and with a deficit like the one we have

0:59.2

with Mexico and have had for many years, closing the border will be a profit-making operation.

1:05.8

If that's actually his view, then we probably should take his notion seriously that closing

1:12.2

the border would fix problems that he sees with cross-border

1:17.6

migration. So to you, Dave Beer, what precisely is the problem that closing the border is supposed to solve?

1:28.0

Right now, people from Central America, primarily Guatemala and Honduras as well as El Salvador, are coming

1:37.9

to the border and asking for asylum.

1:42.2

And they are typically crossing the border illegally

1:46.2

between ports of entry and turning themselves into Border Patrol agents, at which point they are arrested and detained,

...

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