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.
Bloomberg News surveyed a wide range of economists — many of whom work at Wall Street investment banks where the executives have flocked to donate to Mitt Romney’s presidential campaign — and they generally seem to agree that the Obama jobs plan (don’t call it a stimulus!) would help stave off a “double-dip” recession: President […]