{"id":217877,"date":"2026-02-26T07:57:00","date_gmt":"2026-02-26T12:57:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/02\/26\/trumps-run-it-hot-economic-strategy-could-work-but-itll-cost-americans-dearly\/"},"modified":"2026-02-26T19:35:18","modified_gmt":"2026-02-27T00:35:18","slug":"trumps-run-it-hot-economic-strategy-could-work-but-itll-cost-americans-dearly","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/02\/26\/trumps-run-it-hot-economic-strategy-could-work-but-itll-cost-americans-dearly\/","title":{"rendered":"Trump\u2019s \u2018run it hot\u2019 economic strategy could work \u2014 but it\u2019ll cost Americans dearly"},"content":{"rendered":"

Trump\u2019s \u2018run it hot\u2019 economic strategy could work \u2014 but it\u2019ll cost Americans dearly<\/a><\/p>\n

https:\/\/www.aol.com\/articles\/trump-run-hot-economic-strategy-100046453.html<\/a><\/p>\n

Publish Date: 2026-02-26 07:57:00<\/a><\/p>\n

Source Domain: www.aol.com<\/a><\/p>\n

Wall Street traders and the Trump administration alike are counting on AI being the new internet. – Michael Nagle\/Bloomberg\/Getty Images<\/p>\n

A version of this story appeared in CNN Business\u2019 Nightcap newsletter. To get it in your inbox, sign up for free here.<\/p>\n

There\u2019s a pitch taking root within the Trump administration and some corners of Wall Street that envisions two somewhat incompatible realities playing out at once: rapid economic growth and low inflation.<\/p>\n

It\u2019s a tantalizing idea \u2014 typically, rapid growth creates greater demand, which tends to push prices higher. But this particular version hinges on many things going right, all at once. And even then, the result could be disastrous for the American workforce.<\/p>\n

Here\u2019s the gist: The \u201crun it hot\u201d theory posits that artificial intelligence tools are about to do to 2020s what the internet did to the 1990s \u2014 which is to say, unleash productivity across industries, allowing businesses to grow briskly and stocks to surge, all while consumer prices stay relatively stable. The magic of that moment was made possible, in part, by the rapid adoption of networked computers. (Yes, there were a lot of other macroeconomic factors going on \u2014 the end of the Cold War, a massive deregulation effort, increasingly globalized trade \u2014 but bear with me.)<\/p>\n

On Thursday, Trump economic adviser Kevin Hassett reiterated his belief that the next Federal Reserve chair should essentially run the Alan Greenspan playbook and keep interest rates low.<\/p>\n

US economic growth is strong, Hassett told CNBC, but inflation is \u201cnot taking off.\u201d<\/p>\n

\u201cSo it\u2019s obvious, because productivity is in the (work)force right now, because of AI \u200cand the data centers\u2026 so it looks very, very much like the \u201990s to me right now.\u201d<\/p>\n

This is a very trendy comparison lately, for obvious reasons \u2014 AI looks like a bubble the way internet companies were a bubble, wide-leg jeans are in, and Gwyneth Paltrow seems to be everywhere.<\/p>\n

But there are important…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Trump\u2019s \u2018run it hot\u2019 economic strategy could work \u2014 but it\u2019ll cost Americans dearly https:\/\/www.aol.com\/articles\/trump-run-hot-economic-strategy-100046453.html…<\/p>\n","protected":false},"author":1,"featured_media":217878,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/os\/en\/aol_cnn_business_articles_764\/2716a15282cec7bea227e6a07c5c637d","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-217877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/217877"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=217877"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/217877\/revisions"}],"predecessor-version":[{"id":217879,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/217877\/revisions\/217879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/217878"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=217877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=217877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=217877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}