Some economic conservatives are concerned that President Trump’s proposed policies could lead to a higher deficit and potentially contribute to inflation.
These fiscal hawks are worried that the combination of increased government spending and tax cuts could result in a budget shortfall, ultimately leading to a larger national debt. Additionally, they fear that the injection of more money into the economy could drive up prices, causing inflation to rise.
It is important for policymakers to carefully consider the potential consequences of these policies and take steps to ensure that the economy remains stable and sustainable in the long run. By balancing spending with revenue and monitoring inflationary pressures, the government can work towards promoting economic growth without jeopardizing the country’s financial health.
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