Post #20059 by commonone on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (7)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 13

...to the convicted felon's economic policies, writing that Trump's plans would reignite inflation and cause lasting harm to the global economy. President Biden’s economic agenda is “vastly superior” to Trump’s, the Nobel laureates explained in a letter.

Yeah, yeah, I know... the Trump cult lives in a post-expert, fact-free world where expertise is shunned in favor of a fly-by-the-seat-of-his-pants huckster's gut feelings.

A second Trump term would “have a negative impact on the U.S.’s economic standing in the world, and a destabilizing effect on the U.S.’s domestic economy,” and his “fiscally irresponsible budgets” would reignite inflation that has “come down remarkably fast” in recent weeks, they warned.

Gee, whodathunk that extending tax cuts and introducing higher tariffs, including 10% on all imports and between 60% and 100% for products from China and Mexico, could be inflationary?

I mean, besides these 16 Nobel Prize winning economists.

https://www.huffpost.com/entry/nobel-economists-do...

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (7)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.