The Indicator from Planet Money The Indicator from Planet Money

How ICE arrests are creating 'economies of fear'

Aug 31, 2026 · 7m

Summary

This episode examines how increased ICE enforcement creates a "fear-driven economy," causing permanent declines in local consumer spending and foot traffic. Researcher Zeke shows that these economic hits affect everyone, not just immigrants, while San Antonio’s James Norte warns that new detention facilities threaten community growth. The White House defends the policy, but experts argue the long-term economic costs are unsustainable.

Topics discussed

San Antonio East Side community and economic development ICE presence creates fear in Latino communities Sponsors: Progressive, Odu, and LinkedIn Shift in ICE tactics and Zeke Hernandez's research methodology Data reveals 7% drop in spending and foot traffic Permanent economic damage and the 'economy of fear' White House response and proposed ICE facility in San Antonio Disinvestment in minority communities and episode credits Sponsors: Charles Schwab and Ka'achava
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