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Wrap-up: No roadmap for revival of the economy

Posted November 15th, 2016, 10:57 AM IST

Wrap-up: No roadmap for revival of the economy

Donald Trump won the presidency by pledging to restore a vanished and golden economic era, when growth roared, factory jobs flourished. Yet he never offered much of a roadmap.

Which is why it is far from clear how Trump will affect the economy, even though his agenda enjoys the advantage of Republican control of both the House and Senate.

Trump has pledged to revitalise the mainly white working class that elevated him — a tough task given an ageing U.S. workforce, dwindling options for people with little education. Trump has said he’d slash taxes, strong-arm U.S. trading partners, end commitments to environmental rules and make it easier to drill for oil.

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