If the Trump Regime were running up mega-deficits by improving the country's healthcare system or educational system or by improving the infrastructure-- all promises he made during his campaign and then tossed away as soon as he got into the White House in favor of massive tax cuts for the wealthy (another campaign promise broken)-- I wouldn't mind the
The "Freedom Caucus" is screaming its collective head off about growing deficits again, threatening to Boehnerize GOP Minority Leader Kevin McCarthy and threatening to kill the budget deal agreed to by Trump, Pelosi, McConnell, Schumer and McCarthy.
The Obama administration worked hard to turn the economy around after Trump inherited an economy that would have been a dream for any president. He immediately set out to sabotage it and, unfortunately, his policies are finally kicking in strongly enough to wreck everything that Obama did to right the economy Bush left him-- and us. But before we get into Trump's disastrous policies, one little note: his utter and complete lack of leadership abilities are working hand in hand with bad policy to bring down the economy.
A few days ago, we saw how Ohio's top Republican donor, Leslie Wexner, has grown so fed up with the GOP-- primarily Trump but also the congressional enablers-- that all it took was hearing an Obama speech for him to quit the GOP!Yesterday Heather Long, in a report for the Washington Post,
Yesterday, after her astounding victory Tuesday, Alexandria Ocasio-Cortez, was interviewed on CNN, which had ignored her race until now. She said that she is "absolutely proud to be a Democrat but it also means that the Democratic Party is a big tent and there are so many ways to be a Democrat." Like Bernie, she calls herself a Democratic socialist.
Before Bruce Barlett served in George H.W. Bush’s Treasury Department, he was a Reagan economics advisor and before that he worked as an advisor to Ron Paul. He labored away as a tax specialist for the Heritage Foundation. Since then he’s quit the Republican Party and is now an independent, although, he likes to say, an independent Reaganite.
Who on God’s earth would have ever expected NY Times in-house conservative Ross Douthat to champion the most cutting edge of Bernie’s economic policies? But in an OpEd over the weekend, Confessions Of A Columnist, that’s exactly where he went!
In early October one of the brightest economists in the country, Stephanie Kelton-- who had served as the Democrats’ chief economist on the Senate Budget Committee and as Bernie’s chief economics adviser during his presidential campaign-- penned an especially instructive OpEd for the NY Times, How We Think About the Deficit Is Mostly Wrong. At the time, it helped open the eyes of dozens of members of Congress and congressional staffers.
