Thursday, November 10, 2016

What Trump Means for the Economy

 Donald Trump and congressional Republicans will be able to pass an agenda that puts middle-class Americans at risk.

 All in all, we should expect Trump’s economic agenda to double down on the policies put in place under George W. Bush: Big tax cuts, runaway spending and financial deregulation. At best, most Americans will see their incomes stagnate. But we will also likely see a severe recession and financial crash of some variety during the coming years. In sum, the American middle class will be crushed.

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