Get ready for Donald Trump’s economy
Top Stories

Get ready for Donald Trump’s economy

Top Stories Tamfitronics A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here.It’s the question everyone is asking: What happens now? Donald Trump is on his way to the White House, and by January, he’ll have a team in place to begin implementing the economic policy he’s been touting for months: tariffs on all imports, lower corporate tax rates, extending his 2017 tax cuts, reducing regulation of cryptocurrencies and banks, ending taxes on tips and Social Security, and possibly eliminating income and payroll taxes.Trump says all this would end inflation, boost manufacturing and employment, and lower the cost of food and housing. But that has been analyzed and dismissed by almost every economist and trade group in the country to...
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Donald Trump’s Victory and the Politics of Inflation
Politics

Donald Trump’s Victory and the Politics of Inflation

Politics tamfitronics In March, I was a guest at a dinner discussion organized by a progressive advocacy group in New York. As the talk turned to Joe Biden’s low approval ratings, another attendee brought up the skewed media coverage of the President’s economic record, which seemed to be a source of vexation for nearly everyone around the table. I readily agreed that positive news about jobs, G.D.P., and Biden’s efforts to stimulate manufacturing investment—of which there was plenty—wasn’t receiving as much attention as it deserved, particularly compared with the voluminous coverage of inflation. But I also pointed to governments from across the political spectrum in other countries, such as Britain, Germany, and France, that had experienced big rises in consumer prices. Inflation, it seemed, was poison for all incumbents, regardless of their location or political...
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Donald Trump’s victory is a major win for Elon Musk and big-money politics
Politics

Donald Trump’s victory is a major win for Elon Musk and big-money politics

Politics tamfitronics Home / WorldBy Theodore Schleifer and Susanne CraigNew York Times·9 Nov, 2024 04:00 PM7 mins to readTrump, 78, declared himself the 47th President in a speech at West Palm Beach, Florida. Video / AFPThe candidate largely let the billionaire run his $294 million ground game - a gamble that future candidates could look to emulate.At a raucous election-night gathering Tuesday (local time), Elon Musk sat two seats away from Donald Trump, ready to claim wide credit for his decisive presidential win.AdvertisementAdvertise with NZME.
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