Thomas Waddell
Thomas Waddell
@tom2358.bsky.social
Interested in foreign policy, democracy, nature and scuba. Slava Ukraini
at the same time having the appearance of fulfilling Trump’s tariff promise. In summary, there is reason to hope that Trump will not disrupt the economy but bask in the glory of a booming economy and the accolades it will bring him.
December 26, 2024 at 7:09 PM
a global depression or implement targeted tariffs against just China. Tariffs targeting just China and then just some goods would preserve the world's economy, punish China for unfair trade policies, and strengthen Biden's policy of "friend-shoring" while
December 26, 2024 at 7:09 PM
draconian legislation, a big show with little to no follow-through. This approach will seem to fulfill Trump's campaign promise while not disrupting the economy—the best of both worlds for Trump. Tariffs would be the same choice. Enact sweeping across-the-board tariffs as promised, ushering in
December 26, 2024 at 7:09 PM
would be profound and far-reaching. First of all, how would deportation at this scale even be accomplished? More importantly, the business community would be up in arms. It is much more likely that Trump will follow the DeSantis immigrant model of
December 26, 2024 at 7:09 PM
Neither will likely be enacted beyond a showy start, followed by a quiet retrenchment. If Trump were to follow through with the immediate deportation of 10 to 20 million immigrants embedded deep in our economy, the business slowdown
December 26, 2024 at 7:09 PM
he will not disrupt the growth but take credit for Biden's booming economy, as he did with Obama's. Two of Trump's main campaign promises could disrupt the promising economy: mass deportations and blanket tariffs.
December 26, 2024 at 7:09 PM
The investments Biden made over the previous 4 years, infrastructure, CHIPS and Science Act, the IRA, etc., are just beginning to be felt and will propel the economy forward for several decades. If Trump adheres to his previous record,
December 26, 2024 at 7:09 PM
We are in a booming economy, perhaps the best since the 1960's. With inflation tamed for well over a year, interest rates are beginning to drop and will likely continue declining. Reducing interest rates into an expanding economy will fuel an even greater economic boom, another roaring 20s.
December 26, 2024 at 7:09 PM