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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous]Lot of talk that Trump’s policies will be good for the economy. Interesting paper here that runs the numbers. It’s not good. Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy. “We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040. And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.” https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us [/quote]
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