Trumponomics 101: Plan To Negotiate Down U.S. Debt Stuns Economists

Originally published on May 9, 2016 3:29 pm

As Donald Trump’s candidacy comes under increasing public scrutiny, his inflammatory rhetoric and brusque social profile might be what’s drawing the most criticism. But it’s the businessman’s economic plans that should worry voters most, argues The Atlantic’s Derek Thompson.

Trump had told CNBC that the U.S. should be able to “make a deal” with creditors, though on CNN today, he said he would not seek to renegotiate with the nation’s creditors. “If there’s a chance to buy back debt at a discount,” Trump said, “that’s what I’m talking about.”

Thompson joins host Jeremy Hobson for a look at Trump’s plans for the economy, which Thompson writes would cause “the greatest, dumbest recession in American history.”


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