Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173496
Authors: 
Tcherneva, Pavlina R.
Year of Publication: 
2017
Series/Report no.: 
Working Paper, Levy Economics Institute 887
Abstract: 
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.
Subjects: 
Manufacturing
Service Sector
Infrastructure
Full Employment
Inequality
Social Wages
Welfare State
Trickle-down Economics
JEL: 
H
J21
J38
L8
N12
N60
Z18
Document Type: 
Working Paper

Files in This Item:
File
Size
430.74 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.