Booth School of Business Economic Experts Panel was asked the question,
Question A: If all of the “Seven actions to protect American workers” in President-elect Trump’s 100-day plan (see link) are enacted, it will more likely than not improve the economic prospects of middle-class Americans over the next decade.The responses to the question were,
In addition the panel were asked,
Question B: If all of the “Seven actions to protect American workers” in President-elect Trump’s 100-day plan are enacted, it will more likely than not improve the economic prospects of low-skilled Americans over the next decade.The responses to this question were,
So in answer to the first question zero percent of respondents "Strongly Agree" or "Agree" while in answer to the second question zero percent "Strongly Agree" and two percent "Agree".
Not exactly overwhelming support for the President-elect's plan. For the sake of middle-class and low-skilled Americans you have to hope the economists are wrong. It just doesn't look that likely to me. I don't see how anything good can come of the First, Second and Third of Trumps actions. As many people have already pointed out trade is good for American, restricting it will only hurt the very people Trump claims he wants to help. As action Four, what exactly is a foreign trading abuse? In the eye of the beholder? As to the Firth, Sixth and Seventh actions I suspect that the devil is in the detail. The outcome will depend on exactly what policies he puts in place to achieve the end.