Trump’s ‘America First’ Platform Promises a High-Growth Second Term — Without Inflation

Tax cuts, a strong dollar, regulatory relief, and ‘drill, baby, drill’ policies will be counter-inflationary — unless the Federal Reserve starts printing excess money.

AP/Chris Szagola, file
President Trump on June 22, 2024, at Philadelphia's Temple University. AP/Chris Szagola, file

There’s nothing inflationary about President Trump’s “America First” platform. If Trump’s economic policies generated essentially no inflation during his first term, why is it that people on Wall Street and elsewhere keep telling us that virtually the same policies in a second term will suddenly boost inflation?

I don’t get it. Where’s the logic? I would even argue that Trump’s policies in a second term will be growthier, without inflation.

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