Economic policies supported by Republican presidential nominee Donald Trump "would be horrific not only for the U.S. but for the world," Alan Krueger, former head of the Council of Economic Advisers under President Barack Obama, says during a panel at Bloomberg Markets Most Influential Summit in New York. Krueger also says Trump's "understanding of what's affecting the U.S. economy and how it's performing is also out of touch with reality" In response to Trump's criticism of Nafta, Krueger says,
Source: Bloomberg Politics