In the long run, it will probably work.
Sen. John Kennedy (R-La.) said of Trump’s decision to impose large trade barriers:
“The problem is that in the long run we’re all dead, and so the short run matters.”
Kennedy insisted he agreed with Trump’s logic but lacked his expressed patience.
Goldman Sachs economists increased the odds Sunday that the U.S. could face a downturn in the next 12 months, from 20 to 35 percent, citing falling consumer and business confidence as well as “statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”
Other forecasters have similarly increased their expectations for either stagnant growth and higher prices — often referred to as “stagflation” — or an outright recession. source: link
“The problem is that in the long run we’re all dead, and so the short run matters.”
Trump for sure dares to take new kinds of risks.
Printing money further would have been riskfull too.
I am from Europe. If you are from the USA:
What do you think of making trade taxes more even. Does it go to fast, or is it best to do it bold like trump does ?
Sen. John Kennedy (R-La.) said of Trump’s decision to impose large trade barriers:
“The problem is that in the long run we’re all dead, and so the short run matters.”
Kennedy insisted he agreed with Trump’s logic but lacked his expressed patience.
Goldman Sachs economists increased the odds Sunday that the U.S. could face a downturn in the next 12 months, from 20 to 35 percent, citing falling consumer and business confidence as well as “statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”
Other forecasters have similarly increased their expectations for either stagnant growth and higher prices — often referred to as “stagflation” — or an outright recession. source: link
“The problem is that in the long run we’re all dead, and so the short run matters.”
Trump for sure dares to take new kinds of risks.
Printing money further would have been riskfull too.
I am from Europe. If you are from the USA:
What do you think of making trade taxes more even. Does it go to fast, or is it best to do it bold like trump does ?
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