(Mostly conservative) economists lay bare the many ways Trump’s frenetic incompetence is putting the US economy at risk:
‘Unfathomable’: Aghast economist backtracks support for Trump after ‘rank incompetence’ – msn
In his latest column posted at Project Syndicate, Strain argues that in prior years “it would have been unfathomable for a president — including Trump during his first term — to inflict so much harm on the economic deliberately” as what Trump has been doing in recent weeks. Strain singles out two initiatives as particularly alarming: Trump’s antagonistic trade wars with Canada and Mexico, and the chaotic Elon Musk-led efforts to slash and burn the federal workforce.
Why Is Trump Undermining the US Economy? – Michael Strain/Project Syndicate
Trump and the World Economy – American Enterprise Institute discussion
Tariff war + high deficits/debt/tax cuts = High risk of recession + stagflation