Truck Fump

Ask nearly anyone to name President Donald J. Trump’s most significant domestic policy accomplishments. They will likely cite tax legislation and regulatory reform. The first of these was indeed a big policy, one that shifts tax brackets, changes and cuts deductions, and adds an estimated $1.5 trillion to the national deficit over the next ten years.  The second of these is, well, not so much.

forkadelphia:

‘Normally when I start a statement I make it a point to be professional and kind. This is the one time I can’t.
It is nothing short of infuriating and frustrating to find myself, yet again, having to denounce the actions of the leader of my party, and the President of the United States, for statements he has made or actions he has taken in insulting minorities and immigrants in this nation. It is nothing short of maddening to have to do this again and again, and it is sheer insanity that the majority of leaders in my party in the U.S. House and Senate are not ready to denounce or decry these actions in a timely manner, if at all.
With that said, I must preface my full comments with one thing: These are initial reports from the New York Times, and to quote a great editor, “It doesn’t matter how many sources you have, what matters is: Is it true?” The White House has denied these reports. With that said, because of the reputation of the New York Times, and because of previous statements from this President on events like those this past summer in Charlottesville and his statements and policies on Muslims, and his statement during a debate about America being a place to “Speak English.”’

Post with 829276 views. I’m sure Trump’s administration won’t add to this total.

This week the White House Council of Economic Advisors argued for cutting the corporate tax as a way to raise wages. In other words, CEA touted helping capital as a way to help labor.

This is the kind of idea that is basic to an economist, but leaves laypersons befuddled. In fact there’s good cause for befuddlement. The Econ 101 argument that CEA is invoking stops well short of where CEA would like to carry it.