Which Trump Will the World See? - The New York Times - 0 views
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By advocating an expansive budget through tax cuts and infrastructure spending, Mr. Trump’s plan would most likely lower national savings and propel the United States dollar ever higher, creating the very conditions to widen rather than to narrow the trade deficit.
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He is doing so in the unrealistic hope that these policies will cause the economy to accelerate from its present 2 percent growth rate to between 3 and 4 percent. And he is counting on such faster economic growth to generate additional tax revenue.
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A further basic weakness of Mr. Trump’s budget proposal is that it would add stimulus to the economy at the very time that the economy is at or very close to full employment.
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This article discussed flaws in Trump's economic policy and his relationship with foreign countries. It's surprising for me to see that tax plays a very complicated role in diplomacy. Increasing or decreasing the tax revenue affects how much money the government has. Mr. Trump is definitely a very successful entrepreneur, but earning money for a government is more complicated than eating money for a company because you have to take care of the benefit of your people, not only yourself. --Sissi (12/20/2016)