Subscribers

Trumpanomics and US federal debt: fantasies over facts

Washington

TRUMPANOMICS doesn't compute. The media keep piling on Donald Trump, because he keeps saying things that are controversial, impractical, undesirable and - in some cases - simply impossible. Into this last category has now tumbled something new: Mr Trump told The Washington Post reporters Robert Costa and Bob Woodward that he could eliminate the US$19 trillion federal debt over "a period of eight years". He won't, even if he wins in a landslide.

To explain: You can't increase military spending...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes