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The next president of the United States will have to address the country's chronic budget deficits and spiraling debt. Unfortunately, neither candidate has a coherent plan Neither candidate is committed to free trade. Whereas Trump's trade policies will be conditioned by animosity toward China,...
Persistent link: https://www.econbiz.de/10015071023
Both candidates, Kamala Harris and Donald Trump, favor protectionism, but Trump to an extreme degree The joint protectionism is mainly directed against Chinese technology Trump favors mass deportation of immigrants, while the Democrats want orderly immigration Nobody cares much about the...
Persistent link: https://www.econbiz.de/10015071025
The Trump Administration enacted deficit-financed tax cuts, and the Trump campaign has proposed doubling down on that approach. The Biden-Harris Administration added less to national debt and shows more commitment to fiscal responsibility The Trump Administration consistently enacted tax...
Persistent link: https://www.econbiz.de/10015071042
The 2024 US presidential election will determine who will work with Congress to address three major fiscal issues: the expiration of key tax reforms from the 2017 Tax Cuts and Jobs Act (TCJA), the ongoing trade war with China, and the trajectory of the federal debt Vice President Kamala Harris...
Persistent link: https://www.econbiz.de/10015071053
Foreign trade and macroeconomic policies under a Harris administration would largely provide for continuity with the Biden administration, while policies under another Trump administration would have the potential to be highly disruptive Regardless of who becomes the next president, US...
Persistent link: https://www.econbiz.de/10015071063
The US is Germany's largest trading partner, accounting for 11 percent of German exports and 7 percent of imports in 2023. Services comprise nearly 50 percent of German imports from the US and 30 percent of exports to the US, underscoring their significance in bilateral trade Germany maintains a...
Persistent link: https://www.econbiz.de/10015071066
The world is in a period of profound political and economic disruption The outcome of the US presidential election has the potential to accelerate this or contribute to the construction of a reformed and more legitimate international order How competition between the US and China is managed will...
Persistent link: https://www.econbiz.de/10015071075
"Oligarchy is a threat to the republic. Joseph Fishkin and William Forbath show that, for most of US history, Americans saw the Constitution as responding to that threat by imposing on legislators a duty to break up oligarchy, block corporate political power, and ensure a broad distribution of...
Persistent link: https://www.econbiz.de/10012600889