I like his proposal to rebuild the infrastructure of the USA, replace Obamacare with affordable, universal health care.
I even like his policy on trade: force the foreign sector to run deficits by imposing tariffs on them, while at the same time, ramping up domestic output and employment.
However, on some other economic things he's really misinformed.
Look at these comments...
“I think there are times for us to refinance debt with longer term, we owe so much money,” Trump said.
“I am the king of debt, I love playing with it, but now we’re talking about something very, very fragile,” he said.
“If we raise interest rates and if the dollar starts getting too strong, we’ll have some very major problems.”
“I have nothing against Janet Yellen whatsoever, she’s very capable person. But she’s not a Republican,” Trump said. “When her time is up I would most likely replace because of the fact it would be appropriate.
“I love the concept of a strong dollar, but when you look at the havoc that a strong dollar causes ... it sounds better to have a strong dollar than it actually is.”
So he thinks we borrow from someone and we have to "lock in" low rates, long term, to "save."
He thinks high rates makes the dollar strong. It's in fact the opposite.
He thinks it's better to have a weak currency. It's the opposite, at least if a nation desires a high standard of living.
He wants to politicize the Fed by putting a Republican even though he admits that Janet Yellen is capable and he likes her policies. He says, "It's just that, it wouldn't be appropriate."
As you can see, he's got some work to do. Especially on the refinancing the debt stuff. Hey, maybe he can just ask his new Republican Fed Chairman to set rates at zero all along the curve. There ya go!