Article 25T45 What the US economy doesn't need from Donald Trump | Joseph Stiglitz

What the US economy doesn't need from Donald Trump | Joseph Stiglitz

by
Joseph Stiglitz
from on (#25T45)

The only way he can square higher infrastructure and defence spending with tax cuts is voodoo economics

As Donald Trump fills his cabinet, what have we learned about the likely direction and impact of his administration's economic policy?

To be sure, enormous uncertainties remain. As in many other areas, Trump's promises and statements on economic policy have been inconsistent. While he routinely accuses others of lying, many of his economic assertions and promises - indeed, his entire view of governance - seem worthy of Nazi Germany's "big lie" propagandists.

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