While the Wall Street Journal editorial pages are as conservative as the editorial pages of the New York Times are liberal, most of the information posted by their staff journalists is relatively unbiased. The article being posted with this blog provides the best summary we’ve found of the positions by Trump and Clinton regarding the primary financial institutions and their regulation. It’s 13 pages long but it’s a thorough and balanced overview.
Where They Stand on Wall Street
I've been refraining from posting articles or offering comments on the presidential nominees until more information was provided. As usually happens, the candidates initially say as little as possible about specifics, because it provides journalists and analysts with time to more thoroughly vet them. The article from the Wall Street Journal is the first one I've seen from this publication. I suspect that Clinton's proposed trade policies will be forthcoming shortly.
Trade policies can be particularly difficult to evaluate because common economic theory doesn't always work in practice. And there are frequent unintended consequences that are not know until they appear. In addition, the assumptions made are usually refuted. But we still need to try to predict and evaluate the proposals made by the candidates and political parties. The Wall Street Journal is hardly a bastion of left-wing radicals, so I tend to think that their reporting and conclusions should be serious considered when evaluating a conservative presidential candidate. The basic conclusion is that trade tariffs would likely produce the opposite effect of what I (and the author) believe Donald Trump intends.
When we find something pertaining to Hillary Clinton's stance, we'll post it.
Donald Trump's Tax Pitch Could Miss Trade's Strike Zone
Occasionally we like to post articles that give you some insight into how we form our opinions or stay informed.