Simon Wren-Lewis writes about Trump's fiscal policy.
He essentially agrees with Bradford De Long and myself that the policy might not be as stimulatory as the markets think.
I might just add how ironic to see 'conservative' commentators supporting fiscal expansion. It goes like this. Let us take the USA. Republicans love fiscal expansion in office .See Reagan or Bush no-2 but revert to supporting classical economics in Opposition upbraiding Democrat p[residents for not doing enough to reduce the deficit ( which they supported).
they have no shame.
On a completely different point. What is wrong with Trump's eyes? He looked both terrible and weird in his fox news 'interview'.
No comments:
Post a Comment