Trump running on same old economic agenda favored by GOP elites who hate him
There is nothing new in Donald Trump’s’ latest iteration of an economic plan, likely written out for him.
Click here for reuse options!…Trump had an opportunity to be a different kind of Republican. Trump openly disdained traditional conservative elites — making a populist case that resonated with working-class white voters. He won the Republican nomination with hardly any support from conservative intellectuals.
But now, he appears to have decided that their ideas aren’t so bad after all.
“All Hillary Clinton has to offer is more of the same: more taxes, more regulations, more bureaucrats, more restrictions on American energy and American production,” Trump said Monday in an economic speech delivered in Detroit. Of course, this critique goes both ways: With the important exception of trade, Trump’s economic agenda is little different from the one Mitt Romney ran on in 2012.
Trump’s speech contained a number of ideas that have become staples of conservative thinking, including repealing the estate tax or reducing the number of regulations in the federal register. The working-class voters who seem most attracted to Trump don’t particularly benefit from many of these ideas.
Copyright 2016 Liberaland
7 responses to Trump running on same old economic agenda favored by GOP elites who hate him
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labman57 August 9th, 2016 at 11:07
Team Trump basically blew the dust off the Romney/Ryan economic plan from 2012, gave it a few minor tweaks, and presented it to the nation as a cutting edge, progressive proposal that will primarily benefit the middle class.
All evidence to the contrary:
There is simply no data to support the supposition that providing disproportionately huge tax cuts for corporations and the top 2% of the wealthiest people results in job creation or other significant economic growth.
Suggestions that tax cuts for corporations and ultra-wealthy citizens will stimulate job growth is simply Trump’s cover, his disingenuous talking point designed to try to sell his ‘Reaganomic bill of goods’ to the public.
Donnie’s “expert” team of economic advisers are primarily interested in two outcomes:
1) Increasing the income divide between the wealthiest Americans and the rest of society
2) Increasing profit margins for corporations via lowered taxes and minimized environmental and workplace regulations
Alas, historical evidence overwhelming demonstrates that increased corporate profits do not translate into increased hiring — increased demand for goods and services does.
And, of course, increased demand requires increased purchasing power by that subset of society which does the majority of the purchasing, i.e., the middle class.
And if you happen to be working 2 or more jobs earning minimum wage and struggling to make ends meet … well Donald has nothing for ya.
Wage-earning Americans to Trump:
Don’t pee on my shoe and call it trickle-down economics.
Bunya August 9th, 2016 at 14:03
Ah yes. Who can forget the most ingenious idea ever conceived? “Trickle down (piss on you) economics? That was a howling success, wasn’t it?
anothertoothpick August 9th, 2016 at 12:18
He promised everything short of two Slovenia super models in every garage
Buford2k11 August 9th, 2016 at 12:25
The trouble is…Donald said it…and his followers believe it…
Foundryman August 9th, 2016 at 13:37
Some of them won’t support him because they know he’s a pandering liar who will say anything to get money and votes. Once elected, no body knows where he will go on anything.
William August 9th, 2016 at 16:57
It’s hard to believe that anyone actually believes this crap anymore
bpollen August 10th, 2016 at 06:24
Heck, it did so well in Kansas, what could it hurt?