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Featured: Interviews for the Well-Informed

Featured: Interviews for the Well-Informed

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Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Sunday, April 3, 2016

The bizarre optimism in Donald Trump’s theory of the economy

Trump appears to blend economic conspiracy theories with magical-thinking accounting: Stocks are a bubble inflated by "easy money"; government regulators have taken control of banks and choked off lending to everyone but the rich; the "real" unemployment rate is closer to 20 percent than 5 percent, and his crowd sizes prove it; cutting taxes and renegotiating the terms of trade will reinvigorate the economy and the middle class and somehow pay off the federal debt within eight years...
https://www.washingtonpost.com/news/wonk/wp/2016/04/02/the-bizarre-optimism-in-donald-trumps-theory-of-the-economy/








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