Glickman: Trump Hasn't Said Much About Deficit

The transcript discusses the uncertainty surrounding Donald Trump's policy directions, comparing his position to Ronald Reagan's. It highlights the demographic divide in the election, with rural America favoring Trump. The economic implications of Trump's proposed tax cuts and infrastructure spending are explored, noting market reactions and the potential for inflation. The discussion also touches on the challenges Trump may face with Congress and the broader economic experiment his presidency represents.

What are the two main policy proposals mentioned for Donald Trump?

• Environmental regulations and trade agreements

• Tax cuts and infrastructure spending

• Healthcare reform and education funding

• Military expansion and foreign aid

How does the market react to potential inflationary pressures from Trump's policies?

• By reducing investments in infrastructure

• By increasing foreign currency reserves

• By investing more in emerging markets

• By expecting higher interest rates in the US

What is one of the major challenges Trump faces with Congress?

• A narrow Republican margin

• A large Democratic majority

• A lack of support for tax cuts

• Strong opposition to infrastructure spending

What was a significant factor in the American election according to the transcript?

• The influence of social media

• The urban-rural divide

• The role of third-party candidates

• The impact of international relations

What economic theory is compared to Trump's policy approach in the transcript?

• Monetarism

• The Laffer curve

• Supply-side economics

• Keynesian economics