Populist economics are more about marketing than anything else. Like, see Brexit. The formula is to say "we will do this thing which all economists say will be a disaster, and then everything will be wonderful - anyone who says otherwise is Project Fear". It's, well, kind of amazing that people fall for this sort of thing, but they very much do; it works.
Comments
Under any definition of populism, how can the term possibly be applied to a billionaire promising tax relief to other billionaires?
Populist economics are more about marketing than anything else. Like, see Brexit. The formula is to say "we will do this thing which all economists say will be a disaster, and then everything will be wonderful - anyone who says otherwise is Project Fear". It's, well, kind of amazing that people fall for this sort of thing, but they very much do; it works.
Because that's how they market it and that's what people believe.
They'll still believe that Trump will be great for economy, despite economic experts stating that Trump's planned tariffs will sink the economy.