economists

How Economists Have Assessed The Trump Tax Plan

Written by N. James Brago; Photo Courtesy of Mary Pahlke

With the electoral election of Donald Trump, the progress of our economy for the past eight years may be in jeopardy. Under President Obama, we have seen the unemployment rate drop to 4.9 percent from its height during the recession of 10 percent. By November 2015, the Obama economy created a gain of 8.7 million jobs. So far, we have avoided recessions for the past 8 years. Our economy was looking to return to normal under a President Hillary Clinton, but that was thrown out the window on Nov. 8. Now, we are looking at a president who promises to undo the economic and social progress we have made in the past eight years, and maybe even the past 50.

Just one of his many potentially damaging policies would be his tax plan.

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