Last year, we met at Mar-a-Lago and I believed the plans he shared with me to
revive our country… but I was dead wrong, because Trump just unleashed an
unstoppable event that could destroy America…




Сⅼіϲk hеrе. <[link removed]>


<[link removed]>





Bombshell confession from America’s leading
financial forecaster – Porter Stansberry:
Last year, we met at Mar-a-Lago and I believed the plans he shared with me to
revive our country… but I wasdead wrong, because Trump just unleashed an
unstoppable event that could destroy America…

<[link removed]>
Time is running short to protect yourself
<[link removed]>





DAILY NEWS FOR YOU / LOCAL ECONOMY



ICE Raids in Chicago Drained $1.26 Billion From the Local Economy in 2025. A
New Study Proves the Math.

When federal agents flooded Chicago neighborhoods beginning in January 2025,
immigrants stayed home. They stopped shopping, going to restaurants, and paying
sales taxes. A new study published September 8 quantifies what fear costs a
city — and the number is bigger than most economists predicted.


ECONOMIC IMPACT / MEASURED COOK COUNTY
FOREGONE COMMERCIAL ACTIVITY $1.26B Estimated retail and restaurant
activity that did not occur during the first year of heightened immigration
enforcement.

RETAIL RESTAURANTS SALES TAX
A new study published on September 8 documents the steep economic cost of ICE
enforcement raids in Chicago that began in earnest in January 2025 — finding
that fear kept many immigrants home, draining the Chicago metropolitan area of
more than $1.26 billion in lost retail and restaurant activity across the first
year. NPR reported on the study's findings on September 8, describing the
economic spillover from immigration enforcement concentration in a major
American city. The University of Illinois Chicago study used weekly
origin-destination foot-traffic data, including anonymized cellphone mobility
data, to track movement between immigrant and non-immigrant neighborhoods
across Cook County. Researchers estimated approximately $1.26 billion in
foregone retail and restaurant activity and approximately $107 million in
foregone local sales-tax revenue.

−9% RETAIL VISITS −10% RESTAURANT VISITS $107M SALES-TAX IMPACT
The economic mechanism is straightforward even where the political debate
around it is not. Immigrants — both documented and undocumented — who fear
encounters with federal law enforcement reduce their presence in public
commercial spaces. They shop less, eat at restaurants less, use transit less,
and avoid the retail corridors and service-sector businesses where they might
encounter an enforcement action or a federal officer. That behavioral change,
when replicated across the tens of thousands of immigrants in a major city who
are either directly at risk or closely connected to people who are, produces a
measurable demand shock in the local service economy. Restaurants in
immigrant-concentrated neighborhoods reported sharp drops in foot traffic
coinciding with the January 2025 surge in ICE activity. Retail stores in those
same neighborhoods reported reduced transaction counts. Sales tax collections
in affected ZIP codes declined relative to non-affected areas. The $1.26
billion figure aggregates those effects across the full year.

HOW THE EFFECT MOVES
01 Public mobility falls → Cross-community trips to shops and restaurants
decline.

02 Spending follows → Retailers and restaurants see less customer activity.

03 Tax receipts shrink → Lower commercial activity translates into lower
local sales-tax collections.

FROM THE RESEARCH “People's behavior systematically changed after January
20, 2025.” MATT WILSON · STUDY CO-AUTHOR
The study's implications extend beyond Chicago. DHS deployed approximately
2,000 additional ICE officers to the Chicago area in early 2025 — a level of
enforcement concentration that was deliberately chosen to be visible and
deterrent in effect, intended to send a message to immigrants about the changed
enforcement environment of the Trump second term. If the same enforcement
intensity produced a $1.26 billion economic cost in Chicago, similar
deployments in Los Angeles, Houston, New York, and Phoenix — all of which
received comparable enforcement surges — would be expected to produce
proportional effects, potentially aggregating to tens of billions of dollars in
national economic activity reduction across the enforcement campaign's full
geographic scope. None of that activity loss reduces the federal deficit; it
reduces the tax base of the cities where enforcement is concentrated and the
revenues of the small businesses — the restaurants, the grocery stores, the
cleaning services, the childcare providers — that serve immigrant communities
and whose customer base contracted when ICE activity intensified.

► POLICY DEBATE
The political economy of the study is sensitive for both parties. Republicans
who support aggressive immigration enforcement will argue that the economic
costs identified are the appropriate price of the rule of law and that the
study's implicit assumption — that the immigrant population's commercial
activity would continue at pre-enforcement levels if enforcement were reduced —
involves assumptions about the legal status of that population that policy
should not take as given. Democrats and immigrant rights advocates will argue
that the study quantifies a real economic harm that is being imposed on
American cities and American businesses without any explicit legislative
authorization for enforcement at the scale deployed, and that the concentration
of that harm in the most economically vulnerable communities — the small
business owners, the restaurant workers, the service employees — makes it a
distributional injustice as well as an economic inefficiency.

03 STUDY NOTES What the Cook County data measured

01 Researchers estimated approximately $1.26 billion in foregone retail and
restaurant activity during the first year of heightened immigration enforcement.

02 Cross-community retail visits fell roughly 9 percent and restaurant
visits roughly 10 percent, with the decline persisting through nearly a year of
observation.

03 The report estimates approximately $107 million in foregone local
sales-tax revenue and found no evidence that the missing commercial activity
was offset by increased visits elsewhere.


SOURCES New Report Shows the Economic Toll of ICE Raids — NPR
Hunkering Down: The Hidden Economic Cost of Federal Immigration Enforcement
in Cook County, IL — University of Illinois Chicago, Great Cities Institute
Immigration Enforcement Has Led to $1.26 Billion Going Unspent in Cook
County, Report Says — CBS Chicago


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