President Trump’s stance on interest rates and broader economic management has come under growing examination. Douglas Holtz-Eakin, who previously led the Congressional Budget Office and is recognized as a leading conservative economist in the United States, acknowledges that certain actions during Trump’s first term delivered impressive results for economic performance. However, in a recent appearance on “The Takeout,” he expressed concern over the direction of proposed policies for a potential second term. Holtz-Eakin argues that some of the administration’s current economic strategies may not support sustainable growth or fiscal responsibility, marking a shift from his earlier, more favorable assessment. His commentary highlights a divergence in conservative economic thought regarding long-term planning versus short-term gains.
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Former CBO director says Trump ‘s economic decisions during second term are “not the right way to go”
President Trump ‘s position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S. ‘ foremost conservative economists, says in his first term, Mr. Trump did some “astounding” things for the economy. Holtz-Eakin joins “The Takeout” to discuss why his views on the president ‘s second-term economic policies have turned negative.