EURACTIV PR

An easy way of publishing your relevant EU press releases.

ZEW President Achim Wambach on the US Presidential Election 2016

Date

09 Nov 2016

Sections

Global Europe

"Trump's Economic Plans Are Thin"

Republican Party nominee Donald Trump has won the election of the 45th
President of the United States. ZEW President Professor Achim Wambach, PhD,
comments,

"Donald Trump's presidency means that the U.S. population decided in favour
of a candidate who stands outside the political establishment.

His plans for the U.S. economy are thin and show no clear policy rationale.
On the one hand, Trump plans to expand infrastructure spending and cut
corporate taxes as well as taxes for high income earners in order to boost
economic growth. As a result, however, government debt will further rise;
together with his plans to curtail U.S. trade with the world and to
restrict immigration the economy is likely to slow down. The financial
markets' reaction on the outcome of the election has been very negative.

With Donald Trump's presidency, uncertainty finds its way into U.S.
politics."

Jobs

EASO - European Asylum Support Office
Senior E-Learning Project Officer
CEMR - Council of European Municipalities and Regions
Project Officer – Covenant of Mayor
OSCE/ODIHR
Election Adviser
European Heat Pump Association
Office Manager (interim)
European Implementation Network
Law and Advocacy Officer
The European Youth Information and Counselling Agency (ERYICA)
Project Manager through the European Solidarity Corps Programme
Erasmus Student Network (ESN)
Communication and Media Internship