Thursday , December 13 2018
Home / Brad Delong, Berkeley / Trump’s Tax on America

Trump’s Tax on America

Summary:
Project Syndicate: Trump’s Tax on America: “After a year of serving as a useful idiot for congressional Republicans and their wealthy donors to push through tax cuts and deregulation, US President Donald Trump is now following through on his protectionist promises. Sooner or later, Republicans might realize that inept kleptocracy is not the best form of government after all. Mitch McConnell, the US Senate’s Republican Majority Leader, recently proclaimed that “2017 was the best year for conservatives in the 30 years that I’ve been here,” not least because President Donald Trump’s administration “has turned out to be … very solid, conservative, right of center, pro-business.” One would undoubtedly hear Republican donors express similar sentiments over their shrimp hors d’oeuvres.

Topics:
Bradford DeLong considers the following as important: , , , ,

This could be interesting, too:

Siobhan Miller writes The impact of protection on trade: lessons from Britain’s 1930s policy shift

Siobhan Miller writes US Manufacturing Jobs and Trade Liberalization with China

Delaney Crampton writes Weekend reading: “barriers to economic equality” edition

Equitable Growth writes Examining the links between rising wage inequality and the decline of unions

Project Syndicate: Trump’s Tax on America: “After a year of serving as a useful idiot for congressional Republicans and their wealthy donors to push through tax cuts and deregulation, US President Donald Trump is now following through on his protectionist promises. Sooner or later, Republicans might realize that inept kleptocracy is not the best form of government after all.

Mitch McConnell, the US Senate’s Republican Majority Leader, recently proclaimed that “2017 was the best year for conservatives in the 30 years that I’ve been here,” not least because President Donald Trump’s administration “has turned out to be … very solid, conservative, right of center, pro-business.” One would undoubtedly hear Republican donors express similar sentiments over their shrimp hors d’oeuvres. After all, the Trump administration has rolled back environmental regulations and cut taxes for the rich. What’s not to like?… Read MOAR at Project Syndicate

Bradford DeLong
J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

Leave a Reply

Your email address will not be published. Required fields are marked *