Vice President JD Vance’s Remarks on Immigration and the Economy
Vice President JD Vance is urging economic analysts in mainstream media and their supporters to reconsider their views on how significant deportations of undocumented immigrants could impact the U.S. economy.
Speaking at the Hill & Valley Forum alongside podcast host of “All In,” Vance highlighted that, under President Donald Trump’s ambitious deportation strategy, the U.S. might experience a net negative immigration rate for the first time in roughly fifty years.
“I think the most notable achievement is that we could reach our first net negative immigrant figure by 2025, which hasn’t been seen in decades. There have been substantial shifts in immigration policy,” Vance stated.
He specifically called out economic analysts who, prior to Trump’s election, claimed that large-scale deportations would lead to skyrocketing housing prices and increased inflation, exacerbating labor shortages.
Vance argued that data contradicts those predictions, indicating that housing prices have peaked and inflation is beginning to stabilize.
“There’s always something we can do, and maybe we can do more, but fundamentally, the narrative has been that serious enforcement at the border would lead to economic collapse, soaring inflation, and skyrocketing housing costs,” he added.
He continued, noting that while much remains to be addressed, inflation is decreasing and housing prices are starting to plateau. He emphasized that trust in American workers can foster strong businesses and support a robust economy. There’s no need to base the economy on undocumented labor, contrary to what Democrats have advocated.
Vance pointed out that the Trump administration effectively dismantled the immigration policies of former President Joe Biden within six months.
Since Trump and Vance took office, data from the Labor Bureau shows that native-born Americans have accounted for all net job growth. Meanwhile, jobs held by foreign-born individuals have seen a decline of over half a million, whereas the jobs for native-born Americans have increased by more than two million due to strict federal immigration enforcement.
