The predictions about the current initiatives from the White House range wildly from a Ronald Reagan type outcome where the short term disruption results in a leaner more efficient government with better fiscal balance and a period of renewed economic prosperity. The other predictions point to a Jimmy Carter style disruption that results in stagflation. The arguments for each can be convincing. On today’s show we are looking at the negative implications of retaliations in the trade war that the White House has initiated.
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