The Malignant Loser is proposing policies that would bring about higher inflation and an economic downturn, according to economists across the political spectrum, according to the Washington Post's Jeff Stein:
"Donald Trump is vowing sweeping changes to the nation’s economy that threaten to reignite inflation — even as the former president blames President Biden for higher prices and says he’ll bring the problem under control.
With a substantial lead in the 2024 GOP presidential primary days before the Iowa caucuses, Trump has proposed imposing unprecedented new tariffs on trillions of dollars worth of imports and deporting undocumented workers on a vast scale. Both campaign pledges risk exacerbating the price spikes that have subsided over the last year, according to liberal and conservative economists alike, in addition to some estimates cited by the former president’s own advisers. If he’s elected, Trump could implement these policies at least in part without needing Congress to act. [snip]
Trump’s exact intentions on the economy remain hard to predict, in part because his trade proposals as stated would likely prove so unwieldy and painful for U.S. consumers that even some of the former president’s allies say they are unlikely to ever fully go into effect. But they fit a broader pattern of Trump seeking to harness sweeping new executive powers to pursue what critics have termed an 'authoritarian' agenda — even as attacking Biden over inflation remains one of his central campaign messages." (our emphasis)
President Biden's success in creating jobs, and stimulating the economy after the Malignant Loser's disastrous response to the COVID crisis and after sharply increasing the national debt through tax cuts for the extremely wealthy will never be acknowledged by MAGA cultists, and has been largely downplayed by our broken Beltway media until very recently. It's still vital to speak to the contrasts between what a reckless and ignorant authoritarian would do and what President Biden has been able to accomplish so far.
(photo: Trump identifying the source of his problems.)
