America could enter a golden age; The Economist
Maybe you are in the habit of applying a hefty discount to claims by Donald Trump; no one could blame you.
But he really does have the chance to lead America into the golden age he proclaimed in his second inaugural address.
America’s economy is the envy of the world.
America is already exporting record amounts of gas and oil, and its biggest obstacle to pumping more is global demand.
In Mr Trump’s first term some of his aides saw the potential of linking enhanced border security to broader reform of America’s immigration system.
For all his harsh oratory about immigrants, Mr Trump has sometimes sounded sympathetic, particularly about people brought as children.
Last October, he told the editorial board of the Wall Street Journal he had a practical reason for his tough talk about illegal immigration:
“The nicer I become, the more people that come over illegally.” (The Biden administration learned that lesson to its sorrow.)
But, Mr Trump said, “We have a lot of good people in this country, and we have to do something about it.”
In general, said Mr Trump, who is married to an immigrant, and not for the first time, “I want a lot of people to come in, but I want them to come in legally.”
The Economist 21 January 2025
https://www.economist.com/united-states/2025/01/21/america-really-could-enter-a-golden-age
How much oil can Trump pump?
Tillbaka till Rolfs länktips 23 januari 2025
https://englundmacro.blogspot.com/2025/01/rolfs-lanktips-23-januari-2025.html
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