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President-Elect Donald Trump’s upcoming second term raises critical questions about the impact of his economic policies on Gen Z — the youngest generation in the U.S. workforce.
The moment was emblematic of Powell's current approach of preparing for Trump's policies but not changing course just yet. For now, Powell and his colleagues Wednesday decided in a split vote to ...
Political watchdogs are sure to be on high alert throughout Trump’s term as president, and even though Trump has promised to remove disloyal political employees in the government and replace ...
Trump will also grapple with waning economic dynamism, as a confluence of factors keep GDP growth well below the 3% rate Trump’s incoming Treasury secretary, Scott Bessent, is aiming for.
Trump has said he will carry out “the largest deportation in the history of our country” of undocumented immigrants, claiming it would help the economy by freeing up housing and opening up ...
Goldman Sachs Economic Research estimates that long-term tariffs on imports from Canada and Mexico could raise core inflation – measured by the PCE – by 0.7% and reduce economic growth by 0.4%.
U.S. real GDP growth under Trump was substantially below that achieved by other presidents. [240] Trump presided over the slowest economic growth of any U.S. president since the Second World War, partly due to the COVID-19 pandemic that triggered a brief recession and a 2.2% decline in real GDP growth in his last year.
During a 2016 presidential debate, for example, Trump said he would "save Social Security" by attacking the "tremendous waste, fraud and abuse" within the program. "We have in Social Security ...