Kamala Harris and Donald Trump composite photo

AP Picture/Charles Rex Arbogast

The Wall Boulevard Journal printed a survey on Monday that reported that when it got here to inflation, there was once one definitive candidate whose economic policy plans would make it worse: former President Donald Trump.

Fifty economists responded to the survey, which befell from October four-eight, 2024. The quarterly survey was remaining conducted in July — before President Joe Biden dropped his bid for reelection and counseled Vice President Kamala Harris — and Trump’s numbers pointed to greater inflation then as well:

Of the 50 economists who spoke back to the survey’s question on inflation, 68% said costs would rise quicker under Trump than under Harris. That was up from 56% in July. Most effective 12% of the economists thought inflation can be larger below a Harris presidency, while the rest saw no subject material difference between the candidates.

“Each candidates have policies which are inflationary,” said Dan Hamilton, director of the heart for financial research and forecasting at California Lutheran University. However in a metamorphosis from their July forecast, Hamilton and his colleague Matthew Fienup now see a 2d Trump time period producing quicker price increases on account of the previous president’s tariff plans. “Given that July, it turned into obvious to us that Trump is even more anti-free-exchange than Harris,” Hamilton said.

That’s virtually seven out of 10 economists announcing that Trump’s financial plan would make inflation worse.

WSJ survey of economists. That is as close to unanimity as the career will get percenttwitter.com/6Jd1rNyMym

— Paul Krugman (@paulkrugman) October 14, 2024

Inflation wasn’t the one point the place Trump’s numbers had been greater than Harris’s. Final week, WSJ reported “the Committee for a Responsible Federal Budget estimates Trump’s plans would widen federal budget deficits via $7.5 trillion over the next decade, more than twice the anticipated increase beneath Harris.”

The submit sixty eight P.c of Economists Surveyed By means of Wall Street Journal Deem Trump Worse For Inflation Than Harris first regarded on Mediaite.