Turns out ICE raids are an expensive way to kill Chicago's economy
Who knew that scaring people into staying home would actually empty the city's pockets?
So, Chicago ran a little experiment on how much it costs to terrify an entire workforce. Turns out, when people are too afraid to leave their houses because of ICE, they stop buying groceries, they stop eating at restaurants, and they stop pumping money into the local economy.
The bill for this grand strategy? A casual $1.26 billion drain on retail, sales tax, and local businesses. It’s almost like having a vibrant population is actually good for the bottom line, but apparently, someone missed that day in Econ 101.
It takes a special kind of genius to pay for enforcement that actively sabotages the tax base it’s supposed to support.
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