Don’t vote for Donald Trump: 370 economists to voters

WASHINGTON: A group of 370 economists released a letter on Tuesday explaining why electing Republican presidential candidate Donald Trump would be a mistake, a statement that was quickly denounced by a top adviser as out of touch with the reality of job losses caused by "bad trade deals".

The anti-Trump letter, first reported by the Wall Street Journal, said the candidate "has misled the electorate" and "promotes magical thinking and conspiracy theories over sober assessments of feasible economic policy options". In a response to the comments, Trump economic adviser and University of California at Irvine economist Peter Navarro said the letter was "an embarrassment to the corporate offshoring wing of the economist profession" and added that Trump’s economic plan would boost growth.

The back-and-forth came on a day when stocks fell and gold rose after a poll showed Trump pulling ahead of Democrat Hillary Clinton a week before the November 8 election. The economists’ exchange showed that while a significant group of the profession would view a Trump victory as a loss for America’s growth outlook, that view isn’t unanimous.

"Donald Trump is a dangerous, destructive choice for the country," wrote the economists opposing the candidate, who include several Nobel Prize winners. "If elected, he poses a unique danger to the functioning of democratic and economic institutions, and to the prosperity of the country."