LOADING ERROR LOADINGFormer President Donald Trump’s plans to pump up American manufacturing and cut taxes would result in higher inflation, fewer factory jobs and a bigger budget deficit, according to a survey of prominent economists. Of 50 economists in a Wall Street Journal survey, 68% said Trump’s policies would mean inflation would likely be higher, while only 12% said that about Vice President Kamala Harris’ proposals. AdvertisementThe survey is taken quarterly and includes economists from Wall Street, business and academia, the Journal said Monday. The outlet noted that 66 economists sent in responses this time, but not all of them answered every question. Both Trump’s and Harris’ plans have been accused of adding to the government’s ongoing budget woes.

Source: Huffington Post October 14, 2024 17:48 UTC