Entitlement reform is going to be required if obamacare is repealed (which it will be). The obamacare death panels that would decide benefit allocations also covers medicare.
The Trump trade policies will in the end work out because nations will cut back on their currency manipulation and with low corporate taxes the need to relocate will be greatly diminished.
I'm willing to give Trump 6 months after he's sworn in to show what he's really going to do. During this time I'll avoid condemning his every move. Will you do the same?
No reputable trade economist thinks imposing tariffs will do anything but result in a trade war, which will destroy as many as 6 million jobs in the exporting industry.
It's not about taxes. It's about the cost of labor. And labor costs in America are too high, even if corporate taxes are zero. Trump says he'll "bring jobs back." He can't do that. You know that. I know that.
Trump has no guiding philosophy other than his lazy brand of populism. He doesn't know what he's doing, and Peter Navarro (his trade advisor) is ridiculed by most economists.
Criticism is part of the job if you're president. When he's wrong, he's wrong.
Did you hold off criticizing Obama when his first thing out of the chute was a $1 trillion stimulus? I didn't, and I won't give Trump any grace either.
