Tag Archives: Reaganomics Mark II

See Trump’s call for at least a $500 billion program of government spending on US infrastructure here and here, without raising taxes. See the video here.Yes, it’s massive deficits for the US if Trump wins, and massive Keynesian stimulus, even if his tax cut plan is regressive like that of Reagan.

If Trump is elected president, his economic policies will either (1) crash America or continue its economic stagnation, and accelerate its catastrophic decline under neoliberalism (because Trump will impose an extreme form of neoliberalism, albeit maybe with some trade or labour protectionism) or(2) turn America around and actually impose big Keynesian stimulus, and trade and labour market protectionism. (2) will make Trumponomics nothing more than Reaganomics Mark II.Why? We know why. It’s...