Catherine Rampell

So it's not like if you get rid of the immigrants, suddenly there'll be a lot of new openings for Americans.

Again, take all of these numbers with a grain of salt because there are a lot of measurement issues right now.

If you took them at face value, what might be going on?

Well, there is a huge need for new housing.

right?

Housing prices have gone through the roof.

People need new homes.

And so I think there's still demand for new homes.

The question is, will there be workers to build those new homes?

But if there are any workers available, yes, I think firms are scooping them up.

But the broader point here is I am slightly obsessed with this question of why isn't the private sector doing more to push back against Trump, not for reasons of moral clarity or caring about democracy, but because

he is destroying their business model and he is making it much harder for them to operate.

And, you know, there are different ways to see all of it.

That's what I'll get into my newsletter tomorrow.

Oh, yeah.

I remember in the Obama years, there was this constant complaining about regulatory uncertainty, economic policy uncertainty that because Obama was supposedly like tyrannically using the power of the executive branch and, you know, we weren't using this deliberative process of setting laws and policy.

And today, you know, as I just said, it's like Trump just has like a fat fingered tweet about tariff rates.

And that will jack up rates, you know, fivefold from one minute to another.

And you just, you don't hear very much from these interest groups.

I understand why individual companies might be worried about sticking their neck out, an individual home builder or a law firm or others.