There are a few ways a Trump presidency could go, economically speaking.
Donald Trump could behave like a traditional Republican: cutting social services, regulations and taxes, especially on the rich.
Or he could carry out some of his campaign pledges: deporting undocumented immigrants, spending more on infrastructure and slapping tariffs on imports that could spark a trade war and shove the U.S. economy into recession.
Or, given his unpredictable nature, he could do something completely unexpected, leading to global fallout that even economists can’t quite imagine.
That was the forecast from Rutgers University professor Stuart Shapiro at Friday’s Rutgers Economic Advisory Service (R/ECON) conference in New Brunswick.
