| Ryuu96 said: - Trump's economic ideas will utterly fuck America's economy, his last economy he inherited from Obama which was very strong and almost immediately screwed it up, alongside a trade war with China which fucked American farmers. His tariff plan is utterly insane and will slam costs onto the average American and he has zero plan on how to decrease your groceries due to inflation. |
I’m an Economist: Here Are My Predictions for the Job Market If Trump Wins the Election
Cheaper money could give a short-term sugar high to the economy and job market. But easy money coupled with Trump’s deficit-financed spending could create the perfect storm for out-of-control inflation that ultimately negates any employment gains down the road.
The bottom line is Trump’s policy brew could send the job market in conflicting directions. Some industries might boom thanks to tax cuts and an insular labor pool. But working Americans could eventually get burned by spiking prices, more trade turmoil and the debt hangover from Trump’s free-spending ways.
