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

Suspect who mailed pipe bombs to Trump critics pleads guilty

Mueller submits long-awaited Russia probe report to Justice Department; next move up to AG Barr

The Left sees Christianity as an obstacle to the state ... so anything that represents it in a positive light --- must be destroyed

Many Antichrists; One Beastly System - Message by Dr. Chuck Baldwin on Jan. 13, 2019

Ichiro retires after emotional finale in Tokyo (There *is* Crying in Baseball)

Man arrested for keeping TV sent to him by mistake

It's An Emergency You Dumb Communist Bastards!

Bernie Sanders Calls for New Zealand-Style Gun Ban in U.S.

The manipulation of the American mind: Edward Bernays and the birth of public relations

Trump, Graham, Rubio, et. al are about to enact a gun confiscation bill that rivals anything in Nazi Germany or Stalin’s Russia

On The Anniversary Of The Iraq Invasion, Bush Press Secretary Claims Bush Didn’t Lie

Harvard researchers say certain ADHD medications may increase risk of psychosis

NJ Governor Signs “Rain Tax” Bill; Residents Can Now BE TAXED When It Rains On Their Property

The Zoning Code Banned His Tall Fence, but Not the Naked Mannequin Party Behind It

The Texas State House has passed a bill legalizing lemonade stands run by children

New Zealand Prime Minister announces immediate ban on all assault weapons

Fond Memories of Hitching

Are we a soul, or do we hava a soul?

Can the President Legally Break the Law?

Facebook just suspended Natural News for 7 days for posting this rather ho-hum fluoride infographic

Missouri Senate Bans All Federal Gun Control Laws in Proposed Bill

WOW! Just Rewatched Enemy of the State & Guess what I found

The Ex-Model Who Claimed Silvio Berlusconi Hosted Satanic Rituals in His House Died From “Apparent Poisoning”

MLB Going Full-Blown TSA: Teams Prepare To Scan Millions Of Fans’ Faces

Why Does The Mainstream Media Purposely Ignore Mass Killings Of Christians Across The Globe?

U.S. Supreme Court Refuses to Require Police to Render Emergency Aid After Ohio Police Shoot Military Veteran Multiple Times, Let Him Bleed to Death

Don’t Shoot the Dogs: The Growing Epidemic of Cops Shooting Family Dogs

Ron Paul Support Legalizing Heroin

Reputed Gambino crime boss' suspected killer flashes 'MAGA,' other slogans on hand

lMalia, Michelle, Barack and the College Admissions Scandal

Sen. Warren: ‘I Would Support Removing Confederate’ Statues and Monuments

HOW U.S. MEDIA IS HELPING THE NEW ZEALAND TERRORIST ACHIEVE HIS ULTIMATE GOAL There's a reason the media is selectively choosing which facts to report about this killer's purpose

Is Trump Really About to Attack Venezuela?

The Grim Reaper – Frequently A Personified Insignificant Force

Dick Dale, a Great American Original, RIP

Government to Pizzeria: You Can Paint a Mural, Just Not One That Features Pizza

Donna Bazile Hired as FOX News Contributor

Source Claims Fox News Host Secretly Worked to Get Jeanine Pirro Suspended to Curry Favor With Democrats

AP Pushes New Leftwing Conspiracy Theory: "Puzzling" Number of Activists Connected to Ferguson are Dying (Usually by Suicide or Drug Overdose), And That Suggests They're Being Secretly Murdered by an Unidentified But Obviously White Cabal

Man cleaning garage finds burglar crushed by fallen 900-pound floor safe, cops say

US Supreme Court denies hearing Ron Paul 2012 aides' appeal

'Beto' Was A Member Of A Prominent Hacking Group, a Punk-Rock Band And His Name Was 'Psychedelic Warlord,' Report Says

Conservative? Hardly. New Zealand mass shooter is a far-Left “eco-fascist” who praised communist China

Tucker Carlson and Thoughtcrime

New Zealand: The Most Hysterical Reaction to an Event I’ve Seen Since 9/11

CONGRESSWOMAN ILHAN OMAR: TERRORIST

Trump threatens 'Saturday Night Live' with federal investigation and charges comedy show as an 'an advertisement without consequences' for mocking him

Illegal Alien Who Used Fake Fed Doc to Get License Committed No Crime, Obama Judge Rules

Hillsborough sues to declare Flintstone House a ‘public nuisance’

Six questions muslims often ask about Jesus


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: 59
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