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| Economy |
| The Left Underestimates Trump's Economic Plan |
| 2017-02-03 |
| h/t Instapundit While the first weeks of Donald Trump’s presidency have brought plenty of chaos, some underlying themes are emerging. I think of the economic policy so far -- call it Trumponomics -- as a new approach to the redistribution of wealth, working through jobs and regions rather than income transfers. To be sure, I don’t see any single architect of Trumponomics, not even Trump himself, but even without a master plan, there are some common threads. It’s easy to underrate Trumponomics, because so often it sounds, frankly, stupid or misinformed. In a wide variety of areas, including health-care reform and the border tax adjustment, experts struggle to describe the plans, much less evaluate them. Still, Trumponomics, though highly flawed, will probably not crash the economy, and might steal a lot of the left’s thunder. I think, the problem here is that academic research in economics took a wrong turn in 20th century and been getting further and further from reality ever since. |
| Posted by:g(r)omgoru |
| #4 "Trump Boom Takes 'Fun' Out Of 'Funemployment'. Women and Minorities---Ahh, You Know" -- Future WapNYTCNNPSMNBCYahoogle Headline |
| Posted by: charger 2017-02-03 19:14 |
| #3 Remember when the other side was selling the joy of "Funemployment"? Good times. Good. Times |
| Posted by: Frank G 2017-02-03 08:57 |
| #2 Good point phil b i had not thought of that angle. I just thought it tremendous jobs are back in style, even if it does push up inflation and living standards don't shift that much, it is still better to have people participating in the economy than sidelined but with cheaper goods. But you make sense |
| Posted by: Anon1 2017-02-03 07:54 |
| #1 I have yet to see anyone evaluate Trump's actions from the perspective of geopolitical security - being able to fight a war without relying on imports. When you do, it makes perfect sense. |
| Posted by: phil_b 2017-02-03 03:43 |