If you’ve been listening to Donald Trump and his critics over the past six months, they have found one thing they can agree on: Trump’s presidency would have a dramatic impact on the U.S. economy. Elected in part because of voters’ anger over high prices, Trump promised that he would “immediately bring prices down, starting on Day One.” He said that his deregulatory policies would encourage domestic oil producers to “drill, baby, drill,” and that lower energy prices would “bring down” the “prices of everything.” His tariffs, he said, would make the United States “rich as hell,” and “bring our country’s businesses back that left us,” boosting investment and employment. And his campaign of deporting undocumented immigrants would, he claimed, cut the price of housing and create new job opportunities for native-born Americans. A statement from the White…
