Trump and the Economy
The Briefing Room
BBC
4.8 • 731 Ratings
🗓️ 2 February 2017
⏱️ 28 minutes
🧾️ Download transcript
Summary
Will President Trump's plan to put 'America first' make the USA richer?
He's promised a raft of radical economic reforms including a huge cut in tax on businesses, an income tax cut, a massive reduction in regulation, and investment in America's infrastructure.
His goal is to get America's economy growing at roughly double its current rate. He also wants to create 25 million new jobs, and put 'America first' in every policy decision.
But are these goals achievable and are the measures he's proposing likely to work?
David Aaronovitch explores what 'Trumponomics' might mean in practice and asks a range of experts whether his plans for the economy will lead to boom or bust.
CONTRIBUTORS
Jim Tankersley, Policy and Politics Editor, Vox
Arthur Laffer, former advisor to President Ronald Reagan
John Kay, visiting Professor of Economics at the London School of Economics and fellow of St John's College, Oxford
Diana Furchtgott-Roth, senior fellow at the Manhattan Institute and formerly worked on Donald Trump’s campaign and transition team
Researcher: Samuel Bright Producer: China Collins
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the briefing room with me, David Oronovich. |
| 0:10.0 | In this episode, we're looking at Trumponomics, |
| 0:13.3 | President Trump's promised economic policies |
| 0:15.7 | and asking, will they work? |
| 0:21.5 | I have made billions of dollars in business making deals. |
| 0:27.0 | Now I'm going to make our country rich again. |
| 0:32.4 | No small claim. |
| 0:34.6 | The author of the art of the deal and how to get rich |
| 0:37.3 | plans to use his self-proclaimed |
| 0:39.3 | business acumen to grow the economy, generate millions of jobs, and put more money in the pockets |
| 0:45.5 | of ordinary Americans. |
| 0:47.1 | Mothers and children trapped in poverty in our inner cities, rusted out factories, scattered like tombstones across the landscape of our nation. |
| 0:58.7 | At his inauguration speech, President Trump depicted an American economy blighted by the effects of |
| 1:05.0 | globalization under investment and bad deals. And he was the man to fix things. |
| 1:11.7 | This American carnage stops right here and stops right now. |
| 1:23.5 | Not a few analysts argue that President Trump actually inherited a fairly healthy economy, |
| 1:29.4 | with growth ticking along at around 2% and unemployment shrinking. |
| 1:34.7 | Tonight, on the briefing room, I'll be getting the lowdown on Trumponomics, |
| 1:40.0 | finding out what its policies are, and assessing its chances of success. |
| 1:45.1 | First, Jim Tankersley, Trump Watcher and Policy and Politics Editor for the respected American news website Vox, explains what we know so far. |
| 1:55.8 | Donald Trump ran in this campaign on a promise to create 25 million new jobs. |
| 2:01.9 | I am going to bring back our jobs to Ohio and Pennsylvania and New York and Michigan and all of America. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.