President Trump’s stated economics could be bad news for the US and global economies

President Bill Clinton coined the phrase ‘It’s the economy, stupid’. For President-Elect Trump it’s more a case of stupid economics, suggests UCC senior economics lecturer, Dr Declan Jordan.

President-Elect Trump does not have an economic plan that can bring the US economy to the rates of growth of 4% or more than he promises.

In fact, his lack of a coherent plan, and perhaps more importantly the lack of qualified, experienced people around him to develop and implement a coherent plan, threatens the US economy with a return to recession. This is bad news for the US and bad news for the global economy.