Trumponomics: Difference between revisions
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The economic policies of US President Donald Trump, who took office in January 2017. | The economic beliefs and policies of US Republican President Donald Trump, who took office in January 2017. | ||
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* [[Infrastructure]] | * [[Infrastructure]] | ||
* [[Macroeconomics]] | * [[Macroeconomics]] | ||
* [[Reaganomics]] | |||
* [[Recession]] | * [[Recession]] | ||
* [[United States]] | |||
Revision as of 08:57, 14 February 2017
The economic beliefs and policies of US Republican President Donald Trump, who took office in January 2017.
Trumponomics - a return to boom and bust?
- "... there is a new noun in town - Trumponomics.
- The new president's set of ideas seem to combine an odd mix of fiscal reform, infrastructure spending and isolationism on international trade and foreign policy.
- So far, markets have priced in all the good news, the positive elements of Trump's plans, while discounting the scary stuff, such as a possible US trade war with China or the possibility that Trump actually goes ahead with his [wall] building plans at the Mexican border.
- Done right, pro-growth policies should boost US growth... to the benefit of the global economy.
- But if Trump's policies create excess demand in the US and elsewhere, that could nourish the exuberance and credit excesses that would eventually need to be corrected by a recession after the boom.
- So, 2020 - watch this space."
- The Treasurer magazine, February 2017 p15 - Kallum Pickering, senior UK economist at Berenberg Bank.
