‘People Are In for a Really Rude Shock’ on Trump’s Economy

Trump’s proposals will be net inflationary. 

His plans increase the deficit, which is inflationary. 

Large and broad tariffs are inflationary. 

A massive crackdown on illegal immigration will also be inflationary as without cheap labor, making products will be more expensive or won’t happen here at all–particularly agricultural goods and housing. 

Trump wants to end the independence of the Federal Reserve. Trump has been in favor of lower interest rates, which will increase inflation. 

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