Trump called the Indian economy “Mitt”: The major American economists have just buried this claim

Alan Blinder, former Vice President of the American Federal Reserve, who warns that such a speech, is associated with aggressive definitions, says that the Indian economy is only “dead” – it is “very” Trumpos “, which warns that such a speech, associated with aggressive definitions, can lead to real damage to all the credibility of the United States and the global economy.

In an interview with The Economic Times, Donilder criticized Donald Trump’s economic view, starting with the dismissal of the former president of the last Indian economy. “If you return a few decades, you may be able to use these expressions – but it is definitely not now.” “India was growing quickly.”

Besides the speech, Blinder warned that Trump’s economic policies-especially his heavy, inductive approach-are undermining the American economy. He said: “Definitions are taxes. They are sales taxes targeting foreign goods, which makes them integrated. They increase prices and reduce consumer purchase strength.”

Plinds also linked Trump’s immigration campaign to the long -term structural dangers. As the workforce shrinks, the growth of GDP can slow down more. “If you have a certain amount of demand growth and the workforce is not upset, the growth slows down – and it can become negative,” he pointed out.

Trump’s latest launch of the American Labor Statistics Office (BLS) has led to particularly strong criticism. “The BLS data proposal was forged to harm Trump politically is ridiculous – and in fact very evil,” Blinder said, describing Bls as BLS, “perhaps the most prominent statistical agency in the world.”

Based on Trump’s claim that the definitions will enhance productivity for us, Plend pushed back. “It may help in a small, protected sector like steel, but you hurt the largest industries that depend on it. This is not a way to grow – it’s a clear economic loss.”

Bindnder also expressed his deep concern for the broader future of global trade. “Over the course of 70 years, the United States has led the payment of open trade. We are now retreating. If this continues, the damage will last – and another person will have to lead.”