“The first modern presidential race between two candidates with undergraduate degrees in economics hasn’t thrilled economists. Both
Donald Trump and
Kamala Harris have floated bad ideas, including that
Nippon Steel’s proposed acquisition of
U.S. Steel is a national-security risk, that tip income shouldn’t be taxed, and that grocery prices are currently elevated because of price gouging.
Yet economists are obliged to compare and quantify. In this race, the evaluation is clear: Mr. Trump’s ideas on tariffs, the budget and the Federal Reserve pose a much greater risk to the economy than Ms. Harris’s. …”