Source: Washington Monthly
by Bill Scher
“Despite the bravado, Trump is no economic mastermind. If he follows through on his across-the-board tariff plan, he may jack up prices high enough to cause a major political backlash, which happened to his beloved William McKinley. An immigration crackdown or mass deportation can also disrupt the labor market, causing negative economic consequences. Considering that Trump can never run for president again, doesn’t care about anyone but himself, doesn’t have to worry about the future of the Republican Party, and rarely listens to sane advice, I see the chances of Trump implementing self-indulgent, economically foolish policies to be high, especially with a cowed GOP-controlled Senate and, possible, a GOP House, to boot. For Democrats, the time is now to correct the narrative and not wait for when Trump screws up.” (11/07/24)
https://washingtonmonthly.com/2024/11/07/democrats-will-win-again-once-the-economy-tanks/