The True Dangers of Trump’s Economic Plans
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Many well-informed observers and a substantial share of voters in the United States are calm, if not excited, about the economic program that Donald Trump would pursue in what would be his second term as president. Some focus on his promises to extend tax cuts and deregulation, seeing a continuation of past Republican policies. Others point to the low inflation and high stock market returns that characterized his first term before the COVID-19 pandemic began and argue that Trump’s policies—
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