Trump’s infrastructure plan that could boost manufacturing and jobs in the United States is a key piece of his “America First” economic policy.
But Trump’s plan is still a work in progress and it’s unclear if it will help or hurt the economy, according to the Washington Post.
“There are a lot of things that need to be tweaked,” Jared Bernstein, the chief economist at the Economic Policy Institute, told The Hill.
Bernstein, who has worked with the administration on infrastructure, is an advocate of Trump’s strategy.
“It’s going to take some time for us to sort out the specifics, but if we can get the details of the plan in the right place, it could be a big boost to the economy.”
“The most significant part of the Trump plan is the railroads and roads.
That’s probably going to be the biggest boon,” Bernstein said.
“We have a lot more to learn about the rail network, the ports and airports and the airports, and the infrastructure that goes with it.”
Bernstein, who is an adjunct fellow at the Peterson Institute for International Economics, said that while he thinks Trump’s rail plan will help the economy in the short term, he said it will likely take years to fully implement.
“I think it’s going be a long time before the roads are fixed,” Bernstein told The Wall Street Journal.
“And then the ports are going to get fixed, but it’s a very long time from then until they get fixed.
And then the airports are going, and then the railways are going.””
It’s like a roller coaster that’s going up and down, and you’re going to have to sit and watch it for years,” Bernstein added.
“That’s not to say that the economy will never get back to normal after that.
But it’s not going to come back until the rail system is fixed.”
Bernsteins remarks come on the heels of reports that the White House is looking to make a deal with China that will boost U.S. exports.
The Wall Street Bank reported on Friday that the Trump administration is looking at a “trade deal” that would allow the U.C.N. to lower tariffs on Chinese goods and reduce the trade deficit with the country.
Bernstein told The New York Times that the idea that the U,S.
is negotiating a deal to lower the tariffs would be a major disappointment to the American people, especially those who want the U and China to have an open and friendly relationship.
“If the US. has a trade deal that lowers tariffs on goods from China, then there’s a big incentive for Chinese businesses to open up and move back into the U., to move into U.s. industries, and there’s an incentive for the U to keep tariffs on China,” Bernstein explained.
“So there’s not a lot that the administration is thinking about.”
The Hill asked Bernstein if the U could achieve a deal on the issue by lowering tariffs and by cutting the UCCN’s budget.
“The Chinese government is probably in a position where they can do both,” Bernstein responded.
“They could get some of the trade deal done, and they could cut their budget, and that would be great for the American economy.
That would be really great for American manufacturing, for American workers.”
Bernstins comments came after the president met with China’s President Xi Jinping at the White house, who pledged to do more to boost U,s.
exports, and said he would like to meet with Chinese President Xi to discuss trade.
Bernstein noted that the meeting between Trump and Xi was an “honored” one, adding that the “China-U.
S relationship has been really good, and I think Xi-Trump will do a lot to make it better.””
We need to have good, friendly relations with China, but we need to do it together,” Bernstein stated.
“I think we need China to do a better job in its domestic economy, and we need that relationship to be as strong as it can be, and if it’s stronger than that, I think we can be a great economy.”
The Wall St. Journal reported on Wednesday that Trump and his senior advisors have been considering how to use a $1 trillion infrastructure package to help rebuild infrastructure in the country that has seen a sharp decline in business over the past few years.
While Bernstein, along with several other economists, have argued that the government could boost growth by a few million jobs per year, Bernstein told the Hill that he believes the plan would be more beneficial to the U-S.
“That’s one of the most important pieces of infrastructure that we need,” Bernstein noted.
“If we can do that, it will really benefit the U.”
Bernsons comments come on top of the fact that Trump announced on Monday that he was postponing the planned inauguration of