Saturday, October 19, 2024

Economists Say Inflation, Deficits Will Be Higher Under Trump Than Harris

 https://www.wsj.com/politics/elections/economists-say-inflation-deficits-will-be-higher-under-trump-than-harris-0365588e

“Both candidates have policies that are inflationary,” said Dan Hamilton, director of the center for economic research and forecasting at California Lutheran University. But in a change from their July forecast, Hamilton and his colleague Matthew Fienup now see a second Trump term producing faster price increases because of the former president’s tariff plans. “Since July, it became apparent to us that Trump is even more anti-free-trade than Harris,” Hamilton said.

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