Will the second Trump boom go bust?
1 week, 1 day ago

Will the second Trump boom go bust?

Live Mint  

What could Donald Trump’s victory in the US presidential election mean for the American and global economies? In a December 2016 commentary titled The Trump Boom?, I argued that despite concerns about Trump’s personality and economic policies, it was entirely plausible that the United States could experience robust GDP growth during his presidency—albeit with a risk of higher inflation. Global headwinds While economists and markets embraced Summers’s analysis, the surge in real interest rates—especially on long-term debt—has shattered the bipartisan illusion that higher debt levels could be a “free lunch". Even in Trump’s self-described “greatest ever" economy, there is little certainty that economic growth can keep up with rising government debt. Even if a robust economy inherited from Biden, and perhaps a short-term stimulus boost, fuels rapid growth in Trump’s first year in office, the momentum may be short-lived.

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History of this topic

Trump 2.0 | Portentions of a second innings
1 month, 3 weeks ago

Trump 2.0 | Portentions of a second innings

The Hindu  

U.S. President-elect Donald Trump is poised to kick off his second term at the White House, a four-year stint that will likely see major shifts in domestic and foreign policy and transform the functioning of a wide range of American public institutions. Mr. Trump has worn many hats over the long arc of his 78 years, and as he dons …

How an economic crash could line Trump's pockets
2 months ago

How an economic crash could line Trump's pockets

Raw Story  

America’s billionaires would love to have a recession, particularly a really severe one. While over 8 million Americans lost their jobs and were wiped out as the Bush Crash started today’s homelessness crises, the top 1 percent saw it as a buying opportunity. As the economy recovered, rich people who’d used their increased income to buy stocks at the market …

'Trump inflation bomb' coming should he win second term: Nobel Prize-winning economists
6 months, 2 weeks ago

'Trump inflation bomb' coming should he win second term: Nobel Prize-winning economists

Raw Story  

16 Nobel Prize-winning economists have warned that former President Donald Trump's second-term agenda could create what Axios is describing as an "inflation bomb" that would rock the global economy. In a letter, the economists argue that a combination of more tax cuts for corporations, a labor shortage caused by the mass deportation of undocumented immigrants, and looser monetary policy in …

History suggests a recession may doom Trump's re-election chances
5 years, 4 months ago

History suggests a recession may doom Trump's re-election chances

Salon  

President Donald Trump is worried that there will be a recession before the 2020 election. Thanks to Trump's trade war and tax policies, America is almost certainly headed toward an economic recession. If his disastrous economic policies lead to a recession before Election Day 2020, the chances are that America's next president will be Joe Biden, Elizabeth Warren or Bernie …

‘He’s rattled’: Trump fears looming economic collapse will lose him 2020 election
5 years, 4 months ago

‘He’s rattled’: Trump fears looming economic collapse will lose him 2020 election

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump is reportedly worried an economic collapse could dent …

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