‘President Trump’ would cost U.S. economy $1 trillion

Donald Trump’s economic policies aren’t getting good grades.

His presidency would cost the U.S. economy $1 trillion over the next five years, according to Oxford Economics, a British forecasting firm with offices in the United States.

The analysis comes ahead of Trump’s big speech on Thursday at the Economic Club of New York, where he’s expected to offer more clarity on his economic policy promises.

Oxford Economics found that if fully implemented, Trump’s economic, tax and immigration policies would cost 4 million U.S. jobs, weigh down global growth and U.S. consumer spending, and could spark a trade war with other nations.  Read More