1)With unemployment at a record low levels combined with low inflation plus a strong dollar, can anyone fault Trump s record on the economy?

2)Why would former Fed Chair, Janet Yellen, say that Trump has "no understanding" of economic policy and how the Fed works?

3)What steps should the Indian government take to promote capitalism and a free market system?

1)The primary concern of President Trump's economic policies is that they have short-term benefits but create long-term problems. Most notably, while his policies have likely helped create economic growth during his presidency, they have also cause the deficit to increase, resulting in the national debt increasing at a faster pace. Because the debt needs to be paid down at some point over time, there will need to be future tax increases and/or reductions in government spending, which will likely cause economic growth to slow.

2)It is true that Trump has no understanding of economic policy and how the fed works because Trump only wants to keep the higher price of the stock and he wants a reduction in interest rate because he wants to increase the price of stocks and bond. As we know, why the bubble burst that means everyone who lives in real estate understand it but Trump does not know about it. He is trying to use the same approach of tariff in the 21st century which is complex. So, Yellen is correct that the president does not know about how the monetary policy works in general.

3)India faces a huge challenging position to promote the capitalism and free-market system in its economy. The main difficulty is colossal income inequality. The first step for India to develop this type of market structure is to reduce the income distribution gap by various means like promoting and implementing policies to help poor section. Policies should be concerned about their food, education, health, and other requirements and needs. The government should increase the employment opportunities for this section of society to reduce income inequality. Policies can be made to collect the taxes from the rich people to help to build the standard of living of poor people. Till influential and wealthy businessmen control and influence the Indian markets, India may not be able to implement capitalism and the free-market system.