Arbeitspapier
Trump's bait and switch: Job creation in the midst of welfare state sabotage
President Trump's faux populism may deliver some immediate short-term benefits to the economy, masking the devastating long-term effects from his overall policy strategy. The latter can be termed "welfare state sabotage" and is a wholesale assault on essential public sector institutions and macroeconomic stabilization features that were built during the New Deal era and ushered in the "golden age" of the American economy. Starting in the late '70s, many of these institutions were significantly eroded by Republicans and Democrats alike, paving the way for the rise of Trump but paling in comparison with what is to come.
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. 887
- Klassifikation
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Wirtschaft
Labor Force and Employment, Size, and Structure
Wages, Compensation, and Labor Costs: Public Policy
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: U.S.; Canada: 1913-
Economic History: Manufacturing and Construction: General, International, or Comparative
Cultural Economics: Public Policy
- Thema
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Manufacturing
Service Sector
Infrastructure
Full Employment
Inequality
Social Wages
Welfare State
Trickle-down Economics
- Ereignis
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Geistige Schöpfung
- (wer)
-
Tcherneva, Pavlina R.
- Ereignis
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Veröffentlichung
- (wer)
-
Levy Economics Institute of Bard College
- (wo)
-
Annandale-on-Hudson, NY
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Tcherneva, Pavlina R.
- Levy Economics Institute of Bard College
Entstanden
- 2017