Trumponomics

Ever since his announcement to run for president, along with all his controversial statements about illegal immigrants,women and muslims some question his economical plans immensely. In his republican party debates, he has given a general outlook of his plan to cut back on taxes since he is for all extents and purposes a capitalist economist. Donald Trump’s policies appeal greatly to the Republican party activists who believe that the problem with America’s economy is too much tax, too much government intervention and too much free trade since he promises the cutting of taxes, reducing government spending, taxing imports and reducing bureaucracy. But how do the leftists and the rightists truly feel about Trump’s plan and whether or not it …show more content…
This is definitely the kind of blow that the USA does not need at this time. His entire economic standing is highly criticised by using the terms “Trumponomics” making a joke at the term used for former president Ronald Reagan's “Reaganomics” which also turned out to be an economic disaster. There is a serious bias about Trump’s immigration economic plan as sending the so-called “rapists” and threats to public safety out of the country so that they may be screened and let to come in again legally. This in turn, may provide job opportunity for the Americans from whom these jobs were stolen from.
Another article from the Politico showed how most slightly right wing economist reviewed Trump’s economic agenda. It did not bowed well with them either. If Trump policies actually went into effect, these economists say, prices for goods lower-income Americans depend on could soar and a depleted low-end labor force could trigger a major downturn. They also are reported to saying that pushing 11 million illegal immigrants out of the country would hurt the very people Trump is trying to win the favor of. There would be severe depression due to the loss of many jobs and push the economy down an even steeper