RAS Global AffairsUSA & Canada: Economics – Politics – Culture

  • ISSN (Print) 26866730
  • ISSN (Online)3034-6045

DONALD TRUMP AS A LAST CHANCE OF WORKING CLASS (ON THE CONSEQUENCES OF TRUMPONOMICS)

PII
S268667300000565-1-1
DOI
10.31857/S0000565-1-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 4 (568)
Pages
67-77
Abstract
So far there are no details on President Trump economic policy and future results. It is necessary to raise competitiveness of US business and structural reorganization of US economy based on new investments in human capital or personnel development to make America great again and bust economic growth and established new jobs and meet other D. Trump obligations. But President Trump economic policy may lead to directly opposed results and significantly slow down growth for high tech industries and reduce productivity. Instead of Reaganomics which has given impact to activate entrepreneurship and new business development President Trump policy is aimed at securing jobs for part of working class (blue collar workers) and low skilled and educated small business who is not able to meet new conditions of fast changing economic environment. Such policy may lead to long term economic problems in the US.
Keywords
value added, high-tech industries, human capital, white-collar workers, blue-collar workers, financial strategy
Date of publication
09.04.2017
Number of purchasers
4
Views
889

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