On Jan 22, 2017, Trump is supposed to pull out of the Trans-Pacific Partnership (designed to increase growth and increase employment) by Executive Order and make bilateral trade deals that may or may not happen.
Three days ago, Trump signed an Executive Order that orders his Departments to obstruct ACA as much as possible. That alone potentially could lead to more insurers dropping out of the exchanges thereby raising insurance prices and making people lose coverage.
By themselves, those two actions could cost thousands or millions of Americans their jobs.
I have read several articles saying that the ACA executive order is largely symbolic. If that's the case, I suppose we won't see any impact until Congress actually repeals ACA. It also depends on how or whether they replace it.
Don't know much about TPP. But if consumer prices overall start to increase too much, the Fed will raise interest rates to cool them off -- unless Congress kills the Fed.
by Jack Lee6 weeks ago
With all the focus on the immigration and foreign travel this past week, another Trump's executive order focused on reducing gang violence in inner cities...Who could be against this?I wonder what the liberal left will...
by G. Diane Nelson Trotter2 months ago
Right now it looks like Putin/Trump are in agreement about the hacking. Can this issue be addressed without being partisan? Is the future of US democracy at stake? What are Trump's advisors telling him?
by Don W6 weeks ago
Allowing dangerous precedents to be set is a double edged sword. The Republicans will not be in power forever. The pendulum swings back and forth, always has. The Trump/ Bannon rulebook for a future Democratic president...
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