[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

How To Make a WordPress Website - 2019 - For Beginners

Donald Trump is Finished

This is why Native Americans are marching on Washington

Eisenhower’s Nightmare on Steroids; graduated nuclear escalation v2.0

Trump to announce 3 year DACA+ amnesty today

Trump Backs 'Path To Citizenship' For H-1B Recipients: 'Rest Assured That Changes Are Soon Coming'

Television Networks Put Out 90 Percent Anti-Trump Spin in 2018

What We Own...

“NewsGuard” organization founded by globalists to censor independent media has ties to pro-Monsanto American Enterprise Institute propagandists

Driver attempts to destroy giant snowman, not realizing it’s built on a large tree trunk

Newly Elected Sheriff Arrested for Stealing Meth from Evidence Room—Second Day on Job

Chicago cop gets 81-month sentence in Laquan McDonald murder

The circular firing squad: Mueller targets turn on each other

Retired cop, arrested by Bloomfield PD, fatally shoots himself inside police headquarters

LAWSUIT CLAIMS SHEILA JACKSON LEE FIRED A STAFFER TO COVER UP A RAPE

18 U.S. Code § 1622 - Subornation of perjury

New York Bill Allowing Abortions Up to Birth Says a Person is Only “A Human Being Who Has Been Born”

Feds say ‘star’ DEA agent abroad stole millions

Black People Dismantle "White Privilege"

Liberals Threaten to Terrorize and Imprison Trump Supporters

William Barr’s ‘Deep State’ resume: Cover-ups, covert ops, and pardons

Innocent Marine Vet Falsely Arrested, Brutally Strip Searched in Horrific ‘Punishment’

Oklahoma Cops Jail Four Men for Transporting Legal Hemp

Watch a Florida Cop Botch a Drug Field Test on Video, Then Arrest an Innocent Man

Vigilante Anarchist Bus Driver, git 'er done

Racist Bitch Kamala Harris Tries to Bully Kirstjen Nielsen then Kirstjen Gets Fed Up And Fights Back!

Assad points to attempts to divide Church of Antioch in Syria, Lebanon

Trump Cancels Pelosi's Brussels Junket (Gov Shutdown, no jet)

Despite ban, N.H. lawmakers say they will continue to carry guns in the State House

Gun Owners of America Funds Challenge to National Firearms Act in U.S. Supreme Court

War Whores Scramble To Say Syria Attack Means Troops Must Remain

Volunteers Kicked Out of Nat’l Park for Cleaning It During Shutdown—Without a Permit

William Barr’s Connection to Ruby Ridge, Defending FBI Snipers

The 100th Anniversary of the Ratification of the Amendment That Led to Prohibition Is a Reminder of the Lasting Damage Bad Policy Can Do

Are You Suffering From Toxic Masculinity? Know The Warning Signs

Hillary Clinton ran weapons into Libya for the Obama administration, while Michael Flynn was targeted because he knew the details

Beto O’Rourke Suggests America Should Ditch the Constitution

Potential US presidential contender thinks YOUR money is in the “wrong hands”

POLICE lie to Uber Driver/Attorney

The Danger Within: Border Patrol Is Turning America Into a Constitution-Free Zone

Plants Are Growing on the Moon for the First Time (Chinese cotton plantation)

Laura Loomer Brings Illegal Immigrants To Nancy Pelosi's Home. Pelosi Has Police Remove Them

P&G’s Gillette ad asks men to shave their ‘toxic masculinity’ and a big backlash ensues

Chemtrails Exposed: The Deep State And The New Manhattan Project

Reality Beyond Belief

Oregon bill would cap magazines to 5 rds, ration ammo to 20 rds/month

Nobel Prize-Winning DNA Pioneer James Watson Stripped Of Titles For Insisting Race And IQ Are Linked

Trump’s shutdown trap?

Free Speech Is Dead in Canada: The Persecution of Christian Activist Bill Whatcott

The Unique Pleasures of Watching Alexa Deny Children What They Want


Status: Not Logged In; Sign In

The Establishments war on Donald Trump
See other The Establishments war on Donald Trump Articles

Title: What a Donald Trump presidency would do to the global economy[How they got it so wrong]
Source: [None]
URL Source: https://www.washingtonpost.com/news ... rect=on&utm_term=.85d67d61a9b7
Published: Dec 19, 2018
Author: Max Ehrenfreund
Post Date: 2018-12-19 19:00:41 by Justified
Keywords: None
Views: 38
Comments: 2

After two years under Trump's policies, U.S. economic growth would slow to about 0.3 percent annually, the worst pace since the recession ended, according to British research firm Oxford Economics.

If the Republican presidential nominee was able to fully implement his plans to impose tariffs on goods from China and Mexico and force large numbers of undocumented immigrants to leave the United States, the U.S. economy would begin to stall by 2019, the research firm determined. Economic expansion would also slow globally as weakness in China and the United States spread to their trading partners.

Globally, the rate of expansion would decline to about 2.2 percent annually, compared to a forecast of 2.9 percent if Trump's policies were not implemented. Without the policies, the U.S. economy would be $430 billion larger after five years, according to the research.

More likely, according to the firm, Congress would force Trump to compromise on his agenda, in which case the effect on the economy would be contained. The U.S. rate would decline to under 2 percent a year, and there would be only a minimal effect worldwide. "The economic and market impact is most likely to be relatively muted. But, should Mr. Trump prove more successful in achieving adoption of his policies, the consequences could be far-reaching," the report authors wrote.

Broadly speaking, economists have been critical of Trump's proposals, which depart from the standard approach that Republican politicians have taken in the past.

Typically, GOP candidates have argued that the best policies for the economy are ones that make goods and labor cheaper -- usually by reducing taxes and eliminating restrictions on business, especially international trade. Yet Trump's policies would do the opposite. Tariffs would make imported goods more expensive and could also increase costs for U.S. exporters if foreign countries retaliate. Deporting large numbers of immigrants would increase the cost of hiring workers for U.S. firms.

Besides tariffs and deportations, Trump's other major economic proposal is a massive reduction in taxes. Reducing taxes can stimulate the economy but also forces the government to either borrow more or spend less. If Congress reduces spending while reducing taxes, the benefits will be limited, the researchers note. Much of the economy relies on public spending through programs that put money in private citizens' pockets, such as Social Security and military contracting.

While grim, the forecast is in fact optimistic compared with another that Moody's issued earlier this year. That forecast -- authored by economist Mark Zandi, who has advised politicians in both parties -- predicted that Trump's policies could in fact create a recession in the United States. In other words, economic expansion would not just decelerate as Oxford Economics forecast, but would actually begin to reverse.

One major difference between the two forecasts appears to be divergent predictions about how the Federal Reserve would respond to Trump's economic policies.

Imposing tariffs and reducing the number of available workers would increase businesses' costs and force them to raise prices for goods and services. Zandi and his colleagues at Moody's predicted that the U.S. central banks would respond to the inevitable inflation by increasing interest rates. Steeper rates would make it more difficult for businesses and households to borrow money, giving them less to spend on goods and services and putting a check on the increase in prices.

By contrast, Oxford Economics predicted that the Federal Reserve would take a long view, looking past an immediate increase in prices to the negative economics effects of Trump's policies over the long term. To keep the economy moving, the Federal Reserve would maintain interest rates close to zero, Oxford forecast, helping to mitigate the ramifications of Trump's policies.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: All (#0)

They can not believe it worked and have used the fed rate hikes to kill the economy.

I believe they have officially raised the rates 6 times under Trump in less than 2 years. WHAT THE HELL!

If the feds crash the economy then its time to end the federal reserve!

Justified  posted on  2018-12-19   19:03:39 ET  Reply   Trace   Private Reply  


#2. To: Justified (#0)

so this is what might have happened, a scenario economists love, something like a climate change computer model and we all know how accurate they are

paraclete  posted on  2018-12-19   21:37:38 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com