Trump's Ideas About the Deficit Sound Inflationary

Donald Trump is difficult to take seriously on policy matters, because he’s kind of a random idea generator -- he just throws out a lot of different policy plans, many of them contradictory. This is a great defense against criticism from policy wonks -- as soon as we criticize one of his proposals, he just offers up the exact opposite. For example, he’s advocated reducing the federal debt, spending more and cutting taxes (or possibly not).

So while we can’t evaluate Trump on the strength of his proposals -- since he will just do a 180 next week -- it’s still interesting when Trump tosses out economic ideas that are rarely suggested in American politics. This gives us an excuse to talk about interesting things that we otherwise probably would ignore.