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FT News Briefing

The Economics Show: What does a Trump presidency mean for immigration?

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 24 November 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

Michael Clemens of George Mason University is an expert on the economics of migration, and a scholar of its history. With the newly elected President Trump promising to deport millions of immigrants, we thought it was the perfect time to talk about what illegal immigrants mean to the present economy and, more pressingly, what an economy without them might look like.


If you want to learn more about The Economics Show with Soumaya Keynes, click here. New episodes available on AppleSpotifyPocket Casts or wherever you listen.


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Transcript

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0:00.0

We're Equinor, an energy company searching for better.

0:03.0

Currently, we supply 27% of the UK's gas, 15% of its oil,

0:07.7

and we're playing our part in the UK's energy transition.

0:11.0

Our wind farms power 750,000 homes,

0:14.0

and we expect that to grow to over 7 million.

0:16.5

Last year, we invested 20% of our global growth spend in renewables

0:20.1

and lower carbon solutions.

0:22.0

We plan to increase that to 50% by 2030. We're an energy company searching for better.

0:28.4

Equinore.com. UK.

0:30.4

A second Donald Trump presidency is only a couple of months away, which means that it is time to reckon with one of his major economic

0:38.4

policies, immigration reform. During the campaign, comments about migrants eating dogs

0:44.1

probably got more attention than the details of his proposals, or evidence on their effects.

0:49.6

In this episode, we are going to rectify that by asking what a Trump presidency means for immigration.

1:07.3

This is the economics show with Simea Caines. I'm joined today by Michael Clemens of George Mason University,

1:13.6

an expert on the economics of migration and a scholar of its history.

1:17.7

Michael, hello.

1:19.1

Hello, how are you?

1:20.8

Oh, you know, fine.

1:22.4

How are you?

1:23.5

It's a moment of historic change in the United States,

1:26.3

and we're going to talk about some of that.

1:28.0

We are indeed. Okay, so we are going to start off with a silly, arbitrary question.

...

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