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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Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts
Sunday, April 3, 2016
Thursday, March 31, 2016
Donald Trump: "There’s a tremendous tax that we pay when we (American businesses) go into China, whereas when China sells to us there’s no tax."
Trump miscasts impact on trade of Chinese taxes.
http://www.politifact.com/truth-o-meter/statements/2016/mar/30/donald-trump/trump-miscasts-impact-trade-chinese-taxes/
http://www.politifact.com/truth-o-meter/statements/2016/mar/30/donald-trump/trump-miscasts-impact-trade-chinese-taxes/
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