Following Trump's reelection, private prison companies like GEO Group and CoreCivic saw stock price surges in anticipation of more aggressive immigration enforcement. The article critiques the prevailing narrative that a stark contrast exists between Trump’s expected clampdown and Biden’s perceived openness to immigration. It references Lee Fang's argument that Democrats should adopt stricter border enforcement to win back support from blue-collar voters, ultimately questioning whether Biden's administration will challenge the trends of mass deportations and the implications of this stance on their electoral prospects.
Stock prices shot up for two private prison companies... We expect the incoming Trump administration to take a much more aggressive approach regarding border security.
The article suggested that there will be a sharp break between the border policies of Donald Trump and Joe Biden, with Trump executing a profitable clampdown.
Lee Fang argued that Democrats should embrace border enforcement and make a case for border security to reconnect with its blue-collar roots.
The Democrats' stance on free movement across the border cost them the election, raising questions about the viability of Biden's immigration approach.
#immigration-enforcement #trump-administration #biden-administration #private-prisons #economic-interests
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