Found 7 article(s) for author 'Trump'

Trump’s Magic Budget

Trump’s Magic Budget. Carmen Reinhart, May 29, 2017, Opinion, “US President Donald Trump’s administration has now released its budget plans for fiscal year 2018. Among the details provided in the document, entitled America First – A Budget Blueprint to Make America Great Again, are projections for the expected path of gross federal debt as a percentage of GDP, which is shown to decline from its current level of about 106% to about 80% in 2027. Debt held by the public is expected to mirror this path, shrinking from 77% to 60% over this period.Link

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Lawrence Summers on the Risks of President-Elect Trump

Lawrence Summers on the Risks of President-Elect Trump. Lawrence Summers, January 20, 2017, Video, “Harvard University President Emeritus and Former U.S. Treasury Secretary Lawrence Summers explains the risks he sees related to the policies of President-elect Donald Trump and warns that business may regret “enabling” Trump. He speaks from the World Economic Forum in Davos, Switzerland on “Bloomberg Surveillance.”Link

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The Trump Deficit

The Trump Deficit. Kenneth Rogoff, January 16, 2017, Opinion, “It is a post-financial-crisis myth that austerity-minded conservative governments always favor fiscal prudence, while redistribution-oriented progressives view large deficits as the world’s biggest free lunch. This simplistic perspective, while perhaps containing a grain of truth, badly misses the true underlying political economy of deficits.Link

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Trump’s Defective Industrial Policy

Trump’s Defective Industrial Policy. Dani Rodrik, January 10, 2017, Opinion, “US President-elect Donald Trump has yet to take office, but his brand of flawed industrial policy has been on full display since his surprise win in November. Within weeks of the election, Trump had already claimed a victory. Through a mix of inducements and intimidation, he prevailed on the heating and cooling firm Carrier to keep some of its operations in Indiana, “saving” around 1,000 American jobs. Touring the Carrier plant subsequently, he warned other US firms that he would impose stiff tariffs on them if they moved plants overseas and shipped products back home.Link

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The Ax Files – Larry Summers

The Ax Files – Larry Summers. Lawrence Summers, November 21, 2016, Audio, “Larry Summers, U.S. economist and former Treasury Secretary, talks with David Axelrod about growing up in a family of renowned economists, shares his view of what did and did not cause the financial crisis in 2008, and forecasts the economic implications of Donald Trump’s policy proposals.Link

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Squaring Trumponomics With Reality

Squaring Trumponomics With Reality. Martin Feldstein, November 4, 2016, Opinion, “President-elect Donald Trump will soon be working with Republican majorities in the House and Senate to reshape tax and spending laws to increase economic growth, raise living standards and protect America’s economic future. His challenge will be to do this in a way that is fiscally responsible as well as consistent with his campaign goals.Link

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Trump Win Would be ‘unsettling’ for Markets

Trump Win Would be ‘unsettling’ for Markets. Lawrence Summers, June 28, 2016, Video. “A Donald Trump presidential victory would be “unsettling” for the markets, said Larry Summers, who served in two Democratic administrations.  Summers, former Clinton administration treasury secretary, told CNBC’s ” Squawk Box ” the nationalistic forces that led to the vote in Britain to leave the European Union make the “the possibility of a Trump victory more real” because his supporters share similar world views.Link

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