Trump-Watch: „Das Versprechen von entstehenden Arbeitsplätzen geht nicht auf“ – Ökonomin ordnet Trumps Wirtschaftspolitik ein
Die US-Wirtschaft wächst - und dennoch könnten die ökonomischen Entwicklungen bei diesen Zwischenwahlen die Demokraten stärken. Warum besprechen die Hosts mit der Ökonomin Samina Sultan.
Despite trade disputes and the war in Iran, the US economy continues to grow robustly. In the second quarter, the gross domestic product increased by 2.2 percent year-on-year. Contrary to initial fears, there was no recession under the Trump administration. According to Samina Sultan, an external economics expert at the Cologne Institute of German Economy, the boom in artificial intelligence is masking the negative effects of the US's trade and immigration policies.
Sultan explains that while we are seeing a re-industrialization, it is not resulting in the promised jobs in manufacturing. Therefore, this promise does not hold up. Moreover, rising fuel and food prices disproportionately affect lower-income households. Additionally, the high debts and rising interest rates pose a problem. Trump's economic policy is essentially a bet on the AI boom.
However, this could quickly come to an end as well. This segment was aired on Thursday, October 1st. This exclusive subscription offer is available to all listeners of Handelsblatt Trump Watch: https://www.handelsblatt.com/trump. If you have any comments, questions, criticism, or praise for this episode, please feel free to email us at trump-watch@handelsblatt.com.
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