The second plank of Trump’s job program is the much touted and much delayed “trillion-dollar infrastructure jobs plan,” favored by White House adviser Steve Bannon. However, the plan has yet to be drawn up and is not scheduled for presentation until next year. It remains to be seen if Trump and Bannon can harmonize their infrastructure jobs program with that of Senate Democrats or the American Society of Civil Engineers.
President Donald Trump swore in former Goldman Sachs banker and Hollywood financier, Steven Mnuchin, as Treasury secretary on Monday, putting him to work on tax reform, financial de-regulation, and economic diplomacy efforts. At a White House swearing-in ceremony, Trump said Mnuchin would be a “great champion” for U.S. citizens.
Independent estimates from MIT researchers of initial construction costs run from US$25 billion to $40 billion – a far cry from the $15 billion claimed by Senate majority leader Mitch McConnell – plus $500 million to $750 million per year to keep the barrier repaired. One way or another, it is U.S. taxpayers who will pay for Trump’s border wall – not the Mexicans.
Here’s a list of six countries and major international institutions that Trump and his team have threatened—injecting anything but stability into international affairs. Certainly this behavior is silly, unnecessary, and stupid. The question is, will these provocations and others to likely follow lead to serious new international conflict.