Why Trumponomics Won’t Work, and Clintonomics Could Be Even Worse

by Steve Goldstein
Market Watch

Let’s not quibble with the minutiae of Donald Trump’s latest attempt to make his numbers work. The bigger issue is that his tax-and-spending ideas don’t add up.

The plan, rolled out Thursday, revolves around reducing taxes, cutting spending and streamlining regulation. All standard Republican fare.

To put his target in perspective, last year the U.S. grew 2.6% (meh) and generated 2.89 million new jobs (great). Trump’s plan is ambitious to the point of not being realistic.

Now, this is not the first time a candidate has come up with an economic-growth number that is ambitious. Nor will it be the last.

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