While Republicans and Democrats agree on little, one notable exception is that the policy agenda of the Trump Administration may be the most transforming, or alternatively radicalizing, package of changes ever tried in the nation’s history. Time will be the ultimate judge of whether, taken in totality, this policy upheaval makes the nation more or less great. Forecasting how an economy the size of the United States will respond to policy shifts can be a humbling experience, and one cannot be certain that a change tried now will succeed or fail from how economies were affected from similar experiments in the past. The ... (full story)