The damage he would do is much worse than anything an “anti-business” liberal might offer.
[Ed. Note: And you know that you can trust Fareed Zakaria, because he’s not just another World Economic Forum stooge… Oh… Oops. Nevermind.]
by Fareed Zakaria
Washington Post
From the start of his entry into political life, Donald Trump has had one enduring advantage. Many see him as a man who knows a lot about how to generate economic growth for the country. After all, he’s a rich businessman and he played a super successful one on prime-time television for years. The feeling is, he must know what creates growth. In fact, almost everything Trump proposes would have the opposite effect.
Take his most important proposals, ones that he repeats constantly: sweeping tariffs on all imported goods and mass deportations of undocumented workers. It is rare to find topics on which economists agree as strongly as they do that both would be bad for growth and cause inflation to spike.