Article 4Y58N Donald Trump is a good president … but only for the top 1%

Donald Trump is a good president … but only for the top 1%

by
Joseph Stiglitz
from on (#4Y58N)

On all economic measures, from jobs to health to GDP to disposable income, the president has failed America

As the world's business elites trek to Davos for their annual gathering, people should be asking a simple question: have they overcome their infatuation with the US president?

Two years ago, a few rare corporate leaders were concerned about climate change, or upset at Donald Trump's misogyny and bigotry. Most, however, were celebrating the president's tax cuts for billionaires and corporations and looking forward to his efforts to deregulate the economy. That would allow businesses to pollute the air more, get more Americans hooked on opioids, entice more children to eat their diabetes-inducing foods and engage in the sort of financial shenanigans that brought on the 2008 crisis.

Related: Is Donald Trump's Iran strategy working?

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