The self-proclaimed master deal maker and economic guru’s plans to kick-start the American economy fall short
The economic plans that President-Elect Trump has offered throughout his campaign haven’t fared well under analysis by leading global economists, who predict multi-trillion dollar deficit gains through massive tax cuts, and a zero-sum game of global trade through new protectionist policy. While short term gains may be felt in the American economy, all signs point from there to long-term ruin.
Below: Donald Trump the businessman, shown at one of his casinos
Old meets new in Conservative leadership
Donald Trump’s ascension to office will be met with a cautiously optimistic Republican party. While supportive of his Reagan-esque free market stances and social conservative values (and running mate), policies such as trade protection and Trump’s CEO-style of delegation may be a bit harder to swallow. Nevertheless, early supporters of Trump are expected to benefit the most from his victory–earning a place on his executive team.
Below: Paul Ryan, the Speaker of the House, will be the face of the traditional Republican party in working with Trump
Fears over Trump administration spark anxiety in China
Chinese President Xi Jinping expressed anxieties felt across China over Trump’s promises to raise tariffs between Sino-American trade, as well as the pivoting of American foreign policy with China from cooperation to accusation.
Below: President Obama and Chinese President Xi Jinping at a recent US-China summit
Trump’s pick for leading role in government draws ire from many
Democrats, interest groups, and moderate Republicans alike have expressed deeply rooted anger over Trump’s appointment of Steve Bannon, Breitbart CEO, as the White House Chief Strategist yesterday. Breitbart, the primary news source for the alt-right, is accused by many of being racist and sexist, among other things, allegations that Trump has faced throughout his campaign.
Below: Steve Bannon, Trump’s pick for White House Chief Strategist
The President-Elect has scaled back past proposals to deport the over 11 million undocumented immigrants in the US.
As he nears the beginning of his first term in office, President-Elect Trump has now made calls to only deport the 2-3 million undocumented immigrants with criminal records, while considering the status of law abiding undocumented immigrants at a later date. This falls in line with a recent pattern of Trump softening more extreme elements of promised policy initiatives.
Below: Donald Trump campaigning in the Republican Primaries — making his first trip to the US-Mexico border
Liberal plan hints at policy with a disregard for party lines
Trump’s plan for forgiving student debt includes a proposed cap of 12.5% on the borrower’s income, as well as automatic forgiveness after 15 years of payment. It constitutes the most liberal student debt plan to date, and provides possible evidence of a disregard for partisan norms in policy platforms.
Below: A young Donald Trump in his New York penthouse
Trump’s picks attempt to appease all Republican factions
Trump surprised few with his confirmation of RNC Chairman Reince Priebus as the White House Chief of Staff in his administration. Steven Bannon, Breitbart CEO, will be the Chief Strategist for Trump, in a move likely to appease the anti-establishment and alt-right bases that propelled him to the Presidency.
Below: RNC Chairman and future White House Chief of Staff Reince Priebus