“Who the hell cares is there’s a trade war?” That’s Donald Trump’s nuanced take on ensuring the U.S. economy’s stability.
It’s no shock that Trump doesn’t understand the dangerous implications of a trade war. But the truth is, it would leave “the U.S. economy…isolated and diminished,” according to Moody’s Analytics. And, in conjunction with the rest of Trump’s agenda, could lead to a “lengthy recession.”
A key component of Trump’s larger economic platform is his tax plan that would disproportionately boost top income earners — including the the top 0.1% — over working, middle-class families.
So, despite his claims, Trump’s policy proposals don’t put “American First”; Trump is his own number one priority.
Donald Trump’s dangerous economic ideas would jettison the U.S. economy and balloon our national debt to upwards of $11.5 trillion, all while Trump and his billionaire friends reap the benefits of his massive tax cuts on the wealthy.
Published: Jun 28, 2016