Editorial Board
You Won’t Like Trumponomics 2.0
If the former president’s stated agenda is any indication, inflation is likely to make a roaring comeback.
Let’s not.
Photographer: Curtis Means/Pool/Getty Images
Whoever wins November’s election, inflation will present them with an immediate challenge. More than two years after the Federal Reserve started raising interest rates to alleviate a pandemic-era price spike, the so-called core consumer price index remains well above the central bank’s target. It’s a bit puzzling, then, that former President Donald Trump’s economic agenda seems to be dedicated to raising prices.
What policies would a second Trump administration pursue? The former president hasn’t been a model of clarity on the campaign trail, but some general themes have emerged.