Pains from Maganomics Especially for the Eurozone

This article is translated by artificial intelligence. If you want to report errors you can write to [email protected]   Trump's economic agenda includes a variety of sometimes reckless and not always coherent measures. Reducing tax rates, Draconian cuts in government spending and downsizing the role of the state, mass deportation of immigrants, threats to the Fed's independence and protectionism, up to a 60 percent tariff on products from China. Overall, Maganomics seems to respond mainly to political positioning needs typical of election campaigns, rather than a credible and well thought-out plan. Even an economist as close to the president as Arthur Laffer called the measures promised by Trump a good ‘way to guarantee World War III’. Therefore, they are unlikely to be implemented completely and all at once by the next administration.

Ilfoglio.it - Pains from Maganomics. Especially for the Eurozone

Leggi su Ilfoglio.it

• Pains from Maganomics. Especially for the Eurozone

• Pains from Maganomics. Especially for the Eurozone - From tariffs to energy, via cuts in government spending and the mass deportation of immigrants. But it will be the EU that will pay the consequences of Trump's economic agenda ... (ilfoglio.it)
• Bidenomics vs MAGAnomics in Biden speech - Copyright 2024 The Associated Press. All Rights Reserved. President Joe Biden touted his economic record Thursday in a speech highlighting the differences between ... (apnews.com)
• Newsmax host: “The government shuts down every Saturday and Sunday and nobody panics” - CHRIS PLANTE (HOST): That was Biden. Now, he's peddling what they're calling Maganomics, you know, versus Bidenomics -- remember when interest rates were low and gas prices were low and the ... (mediamatters.org)

Video Pains from

Video Pains from