The deportation of millions of people from the United States, steeper tariffs, and the erosion of the Federal Reserve’s political independence may make, for some, compelling political speechery, but the economic consequences are daunting, according to a study released Thursday by the nonpartisian Peterson Institute for International Economics.
Other observers more definitively on the right have tried to apply real-world budget analysis to the tariff plans of Candidate Trump, with equally disheartening findings.
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