Staff Reports
The conversation around the American economy has taken a turn for the better, and Treasury Secretary Scott Bessent is at the helm of this hopeful narrative. As bit by bit, the hard work focuses on tightening immigration policies, the ripple effects are starting to emerge. With mass immigration no longer exerting the same pressure on housing and wages, we are beginning to witness the revitalization of the housing market. October was a standout month for home sales, which has left many Americans optimistic as they approach the holiday season.
Adding to this sense of relief, gasoline prices have plummeted. This comes as a wonderful surprise just in time for Thanksgiving, as reports indicate that the cost of a traditional meal is at its lowest since 2021, according to the American Farm Bureau. However, amidst these positive developments, the media has attempted to spin a different story. Some outlets, like the “New York Times,” argue that stricter immigration policies hurt the economy, claiming that illegal immigrants spend money and thus contribute positively. However, such narratives conveniently overlook the strains these situations place on schools and local infrastructure.
Many are left wondering if an immigration crackdown could destabilize the economy. It seems fairly obvious that introducing over 10 million individuals into the system would create challenges in vital areas such as healthcare and education. For instance, some regions, like North Carolina, witnessed abrupt spikes in school absenteeism, and urban infrastructure appears increasingly congested. When healthy, legal immigration is properly regulated, it undeniably helps in balancing supply and demand in the housing market. Meanwhile, when illegal immigration creates an overflow, it sends ripples through the economy in ways that sentiments might not fully capture.
In the overarching discussion of food prices and groceries leading into Thanksgiving, the Trump administration’s economic stance offers hope for a recovery. Many still remember the economic landscape during the Biden era, which was marked by hardship and frustration. The prevailing feeling among many Americans is fatigue, but optimism indeed reigns as the Donald Trump administration prepares to regain its footing. Maintaining focus on affordability, especially concerning the housing shortage facing young adults, is crucial. If this gap isn’t closed, we risk cultivating a generation feeling hopeless about their futures.
The time it takes for economic policies to truly settle into fruition is often overlooked. However, building a pro-growth structure takes careful planning, and historical evidence suggests that such frameworks flourish under Republican leadership. With a blend of hope and tangible change beginning to manifest in the economy, confidence is returning. Reports reveal that businesses are eager to grow, with the holistic shifts in policy offering a robust foundation for success.
As Scott Bessent or the “big beautiful plan” continues to take center stage, the revival of the American dream feels just around the corner. With energy prices levelling out and the economy starting to settle, many are wondering how long it will take before the full effects of these changes are felt in everyday pockets. As we move forward toward a vibrant and stable economy, it’s apparent that the hard work of conservative policies coupled with a steadfast drive for progress will shape a better tomorrow for all Americans.
