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Zorro

(15,737 posts)
Sat Nov 26, 2016, 11:02 PM Nov 2016

The worst-case scenario for the economy under Trump just happened in another country

It is hard to compare Donald Trump to anyone else in American politics, especially when it comes to the economy. The president-elect plans to combine restrictions on goods imported from abroad, which are usually advocated by liberal politicians, with conventionally Republican policies, such as tax relief for the wealthy and major corporations, along with more federal borrowing.

More than any U.S. politician's platform, Trump's agenda on the economy resembles those of populist leaders abroad. In particular, the policies he has proposed are very similar to those of Dilma Rousseff, the former president of Brazil who was ousted from office in August.

As Trump has planned to do, Rousseff enforced restrictions on imports. She promised new spending on infrastructure and granted generous subsidies to corporations with the goal of stimulating the economy, especially manufacturing.

“It’s a very similar program,” said Riordan Roett, a political scientist at Johns Hopkins University and an expert on Latin America.

https://www.washingtonpost.com/news/wonk/wp/2016/11/21/the-worst-case-scenario-for-the-economy-under-donald-trump

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The worst-case scenario for the economy under Trump just happened in another country (Original Post) Zorro Nov 2016 OP
And it will probably get the same MsLeopard Nov 2016 #1
WE need to find our ,,, Cryptoad Nov 2016 #2

MsLeopard

(1,265 posts)
1. And it will probably get the same
Sat Nov 26, 2016, 11:24 PM
Nov 2016

Response as she did - the Thugs will impeach him and then we'll have Pence. God help us.

Cryptoad

(8,254 posts)
2. WE need to find our ,,,
Sun Nov 27, 2016, 01:47 AM
Nov 2016

dancing shoes and party hats, for u know the good times are going to start rolling in when They cut taxes on the rich and increase deficit spending all at the time..... never fails..!

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