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Trumponomics: Inside the America First Plan to Revive Our Economy (2018)

door Stephen Moore

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Donald Trump promised the American people a transformative change in economic policy after eight years of stagnation under Obama. But he didn't adopt a conventional left or right economic agenda. His is a new economic populism that combines some conventional Republican ideas-tax cuts, deregulation, more power to the states-with more traditional Democratic issues such as trade protectionism and infrastructure spending. It also mixes in important populist issues such as immigration reform, pressuring the Europeans to pay for more of their own defense, and keeping America first. In Trumponomics, conservative economists Stephen Moore and Arthur B. Laffer offer a well-informed defense of the president's approach to trade, taxes, employment, infrastructure, and other economic policies. Moore and Laffer worked as senior economic advisors to Donald Trump in 2016. They traveled with him, frequently met with his political and economic teams, worked on his speeches, and represented him as surrogates. They are currently members of the Trump Advisory Council and still meet with him regularly. In Trumponomics, they offer an insider's view on how Trump operates in public and behind closed doors, his priorities and passions, and his greatest attributes and liabilities. Trump is betting his presidency that he can create an economic revival in America's industrial heartland. Can he really bring jobs back to the rust belt? Can he cut taxes and bring the debt down? Above all, does he have the personal discipline, the vision, the right team, and the right strategy to pull off his ambitious economic goals? Moore and Laffer believe that he can pull it off and that Trumponomics will usher in a new era of prosperity for all Americans.… (meer)
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This book was written by the team that influenced Donald Trump's economic program. And as such it is a cheerleading tome that dissects and explains its anticipated long term success.

Economics and its applications will be tweaked and debated to the end of time of course but most of us will judge the effects in the short term. Like presidential term. So far the plan has seen results and those results have fattened the wallet for many. Some would argue for the less than many at the top. But overall we have seen growth and expansion, shrinking unemployment and new opportunity.

Where this will lead us is yet to me determined but one can argue that freeing up markets to work their magic, works for the most part. And of course the extremes of the freeing brought us the abuses and criminal (yet unpunished) of the housing meltdown of '08.

So take your side, wave your banner, don your cap, whatever gets you through the night. The markets will still be here tomorrow and we shall see what they bring or don't bring. This book will get you up to speed on what has been underway and what to expect. ( )
  knightlight777 | Jan 28, 2019 |
Trumponomics is a damning exposé of the corrupt bargain between Donald Trump and the party’s wealthy insiders. The odd thing is that the book is not intended as an exposé at all, but as an auto-hagiography written by three Republican policy entrepreneurs who helped win Trump over and shape his program, and are so lacking in self-awareness that they earnestly believe they are defending both Trump and his partners...

“Why shouldn’t the president surround himself with successful people?” Kudlow wrote in 2016. “Wealthy folks have no need to steal or engage in corruption.” Trumponomics is an unintentionally persuasive argument for the exact opposite conclusion.
 
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Donald Trump promised the American people a transformative change in economic policy after eight years of stagnation under Obama. But he didn't adopt a conventional left or right economic agenda. His is a new economic populism that combines some conventional Republican ideas-tax cuts, deregulation, more power to the states-with more traditional Democratic issues such as trade protectionism and infrastructure spending. It also mixes in important populist issues such as immigration reform, pressuring the Europeans to pay for more of their own defense, and keeping America first. In Trumponomics, conservative economists Stephen Moore and Arthur B. Laffer offer a well-informed defense of the president's approach to trade, taxes, employment, infrastructure, and other economic policies. Moore and Laffer worked as senior economic advisors to Donald Trump in 2016. They traveled with him, frequently met with his political and economic teams, worked on his speeches, and represented him as surrogates. They are currently members of the Trump Advisory Council and still meet with him regularly. In Trumponomics, they offer an insider's view on how Trump operates in public and behind closed doors, his priorities and passions, and his greatest attributes and liabilities. Trump is betting his presidency that he can create an economic revival in America's industrial heartland. Can he really bring jobs back to the rust belt? Can he cut taxes and bring the debt down? Above all, does he have the personal discipline, the vision, the right team, and the right strategy to pull off his ambitious economic goals? Moore and Laffer believe that he can pull it off and that Trumponomics will usher in a new era of prosperity for all Americans.

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