9 votes

Will Trumponomics collapse?

3 comments

  1. [2]
    Comment deleted by author
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    1. bananameltdown
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      I think the author misses an opportunity to address something more substantial that ties into the last paragraph you quoted and earlier one that says: For some people trading on financial markets...

      I think the author misses an opportunity to address something more substantial that ties into the last paragraph you quoted and earlier one that says:

      Decades of research show that economies run best when there are clear and neutral rules, fairly applied.

      For some people trading on financial markets or making day-to-day purchasing or sales decisions looking at the information from 'any given day' is fine, but the question I would like to answered is how the chaos (to use the author's word) is affecting long-term decisions involving capital investments and what effects those might have.

      Are companies delaying investment decisions because of a lack of clarity in what is going to happen at a more macro level with taxes, interest rates, or trade agreements? I've heard examples for individuals whose companies are taking a wait and see approach on large scale projects with a 10+ ROI horizon. My guess is that those kinds of situations can be a drag on growth, but it's just that, a guess. In any case, I think economic reporting has more to dig into than trying to drive home a point about chaos through historical comparisons.

      3 votes
  2. spit-evil-olive-tips
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    Excellent analysis by Adam Davidson, IMO one of the best reporters on economics and the economy.

    Excellent analysis by Adam Davidson, IMO one of the best reporters on economics and the economy.

    3 votes
  3. jlpoole
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    Trumponomics -- a term derived from Trompe-l'œil ?

    Trumponomics -- a term derived from Trompe-l'œil ?

    2 votes