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Augusta SaraivaForeign Policy |
“Whether what we’re seeing is all immigration effects or if it’s true demand effects is definitely the key question.”
A pullback in foreign tourism and boycotts of American products are adding to a growing list of headwinds keeping the risk of a recession high.
The IRS is projected to lose more than $313 billion in revenue in the coming decade as undocumented workers are poised to pay fewer taxes.
Americans born after 1995 were spending double what they had in savings in February, one analysis showed.
However, stocks have mostly reversed course in recent weeks, wiping out $5 trillion in gains.
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