Donald Trump won't be better for the American economy -- Mark Quinn

Synopsis

Donald Trump's economic policies would be disastrous for the American economy, according to a new study by the Center on Budget and Policy Priorities. The study finds that Trump's plans would increase the federal deficit by $5.3 trillion over the next decade, and would lead to the loss of 3.5 million jobs. The study also finds that Trump's plans would disproportionately benefit the wealthy, while doing little to help the middle class or the poor.

Economic Effects of Trump's Policies

Trump's economic policies would have a number of negative consequences for the American economy. First, his plans would increase the federal deficit by $5.3 trillion over the next decade. This would lead to higher interest rates, which would make it more expensive for businesses to borrow money and invest in new projects. It would also make it more difficult for the government to invest in important public programs, such as education and infrastructure.

Second, Trump's plans would lead to the loss of 3.5 million jobs. This is because his policies would reduce economic growth and make it more difficult for businesses to operate. The job losses would be concentrated in the manufacturing and retail sectors, which are already struggling.

Third, Trump's plans would disproportionately benefit the wealthy. His tax cuts would primarily benefit the wealthy, while his spending cuts would disproportionately harm the poor. This would widen the gap between the rich and the poor, and make it more difficult for the middle class to get ahead.

Conclusion

The study by the Center on Budget and Policy Priorities finds that Donald Trump's economic policies would be disastrous for the American economy. The study finds that Trump's plans would increase the federal deficit by $5.3 trillion over the next decade, and would lead to the loss of 3.5 million jobs. The study also finds that Trump's plans would disproportionately benefit the wealthy, while doing little to help the middle class or the poor.

In light of these findings, it is clear that Donald Trump's economic policies would be harmful to the American economy. Voters should carefully consider these findings before deciding whether to support Trump in the upcoming election.