Boston University's Mark Williams warns that the Trump administration's policies, including tariffs and stricter immigration enforcement, are harming Massachusetts' economy. His report notes that key industries such as health care and education, which make up a third of the state's GDP, are primarily affected. With eight out of the state's ten largest employers directly impacted, Williams states that the policies could cost the state billions in growth. He likens the situation to a 'wrecking ball' hitting the local economy, raising concerns about the potential lack of federal assistance in downturns.
"If you were trying to upend the Massachusetts economy, there would not be a better strategy than what the Trump administration has put in place."
"I call it a wrecking ball, it is a gigantic wrecking ball that's hit Massachusetts."
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