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Economists take dim view of a range of Trump policies

Deregulation and tax reform are helpful only for short-lived boosts to growth: survey

Published Mon, Feb 26, 2018 · 09:50 PM

Washington

ECONOMISTS took a dim view of various Trump administration policies in a survey, foreseeing a growing budget deficit along with unfavourable impacts from actions on immigration and trade, even as they expect short-term positive effects from tax cuts and looser regulation.

A National Association for Business Economics survey of 211 members showed a majority expects the recent tax legislation to boost expansion this year by a quarter to three-quarters of a percentage point. Another quest…

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