Economist Joseph Gagnon argues that the prices and the trigger for the USAID will not resolve the American national deficit.
Although the cost reductions pursued by US President Donald Trump can be popular with many Americans, economists differ in their evaluation of the potential results of these measures.
The Peterson Institute for International Economics, the principal colleague Joseph Gagnon, told Steve Clemons that Trump’s idea that prices on imported goods can replace taxes are unrealistic.
The American government is inflated and needs modernization, says Gagnon. But while measures such as the dismissal of thousands of federal employees and the evisceration of the USAID can save billions, what impact could have on the national economy and on the billions of dollars in the country?
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