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Economists unsure of Trump’s potential impact on area economy

FORT WAYNE, Ind. (WOWO): A Donald Trump Presidency probably won’t mean much economic change for northeast Indiana.

At least, that’s what several regional experts told the Journal Gazette.

While the IPFW Center for Economic Education’s John Kessler said it was impossible to know right now, economist Morton Marcus says Trump’s promise to increase wages is at odds with the Republican Party’s stance against raising the minimum wage, while a reduction in the corporate income tax rate is “unlikely” to have much of an effect on the middle class.

PNC economist Kurt Rankin told the paper the President-elect’s tough stance on trade tariffs may work out for the best, as the US is among the largest consumers of goods.

All of the experts agree that only time will tell for sure.

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