Sunday , June 25 2017
Home / Project Syndicate / Trump’s Economic Labyrinth

Trump’s Economic Labyrinth

Summary:
Donald Trump’s economic-policy agenda during the 2016 US presidential election campaign was a political Rorschach test: where his supporters saw a bold new design for robust growth and greater prosperity, many others in the United States and around the world saw only a cynical blob of dodgy proposals and crossed lines. Now that Trump must deliver to Congress an outline of his 2018 fiscal-year budget priorities, he and his advisers have no choice but to trade in the campaign inkblot for a governing blueprint. And yet, in his first address to Congress, Trump offered few policy details, even as he called on the assembled representatives and senators to help him “restart the engine of the American economy.” Trump may finally be coming to grips with the headaches that await him as he tries to articulate and enact his economic-policy agenda. An early preview came when Republicans in the US House of Representatives released their plan to fulfill their longstanding vow to “repeal and replace” the Affordable Care Act, former President Barack Obama’s signature 2010 health-care reform. No sooner had the House Republicans unveiled their hastily drafted bill than it came under withering attack from all sides – including from members of their own party.

Topics:
Project Syndicate considers the following as important:

This could be interesting, too:

Tyler Cowen writes Marginal tax rates under the Senate health care bill

Tyler Cowen writes Let’s thwart China markets in everything

John Taylor writes Reserve Balances and the Fed’s Balance Sheet in the Future

Tyler Cowen writes Saturday assorted links

Donald Trump’s economic-policy agenda during the 2016 US presidential election campaign was a political Rorschach test: where his supporters saw a bold new design for robust growth and greater prosperity, many others in the United States and around the world saw only a cynical blob of dodgy proposals and crossed lines.

Now that Trump must deliver to Congress an outline of his 2018 fiscal-year budget priorities, he and his advisers have no choice but to trade in the campaign inkblot for a governing blueprint. And yet, in his first address to Congress, Trump offered few policy details, even as he called on the assembled representatives and senators to help him “restart the engine of the American economy.”

Trump may finally be coming to grips with the headaches that await him as he tries to articulate and enact his economic-policy agenda. An early preview came when Republicans in the US House of Representatives released their plan to fulfill their...

Project Syndicate
Project Syndicate produces and delivers original, high-quality commentaries to a global audience. Featuring exclusive contributions by prominent political leaders, policymakers, scholars, business leaders, and civic activists from around the world, we provide news media and their readers cutting-edge analysis and insight.

Leave a Reply

Your email address will not be published. Required fields are marked *