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Wharton: Mass Deportation is Economic Suicide

A July report said booting workers guts the economy—$1 trillion down the drain and your paycheck in the hole.

Pablo Manríquez
Aug 28, 2025
∙ Paid

They ran the numbers in July up at the Wharton School of Business, Donald Trump’s alma mater. The professors there, with their charts and models, came back with an answer as old as common sense: throw out the workers and you throw out the work.

Wharton Report On Mass Deportations Fiscal And Economic Effects
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It doesn’t take a Ph.D. to see the guys with tool belts, the women running kitchens, the crews on ladders scraping paint off old houses. Deport them, and the street doesn’t just look different—it stops humming.

But Wharton put numbers to the hum. A four-year deportation blitz, 10 percent of the undocumented sent out each year, shrinks the economy by a clean 1%.

Stay at it for ten years, wipe them all out, and you shave off nearly 5% of the nation’s wealth by 2054. That’s not just Wall Street money—it’s your kid’s after-school job, it’s the hours cut back at the diner, it’s the mortgage you suddenly can’t swing.

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