What the US economy doesn't need from Donald Trump | Joseph Stiglitz

The only way he can square higher infrastructure and defence spending with tax cuts is voodoo economicsAs Donald Trump fills his cabinet, what have we learned about the likely direction and impact of his administration’s economic policy?To be sure, enormous uncertainties remain. As in many other areas, Trump’s promises and statements on economic policy have been inconsistent. While he routinely accuses others of lying, many of his economic assertions and promises – indeed, his