Global Growth in Peril as Biden, Trump and Other Leaders Lack Robust Economic Plans
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Neither Biden nor Trump have strong economic plans that can boost global growth. Biden's plan relies on unsustainable debt financing while Trump's tariffs could trigger a global trade war.
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Nikki Haley is emerging as a promising Republican candidate with a more traditional pro-growth agenda, but still lags behind Trump and De Santis in polls.
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The global economy is slowing, with Europe in recession and China struggling to reinvigorate growth. But global markets are already struggling with high interest rates and inflation.
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Haley wants to prioritize deficit reduction, end "mindless" green subsidies, and help small business - a needed traditional Republican agenda.
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Global growth is slowing to just 2.9% by 2024, far below the 2000-2019 average of 3.8%. Strong US growth is needed but neither Biden nor Trump seem able to deliver.