President Trump has convinced republicans he is a conservative. But his spending and building plans will pile on the debt. We’ll talk about it in Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689.
Debt and Deficit Spending Is Conservative, right?
Republicans sell their tax plan as a boon to the economy, despite a potential 1.2 trillion dollar budget hole by 2025. Moreover, after the new year President Trump will introduce an infrastructure plan that will add more debt. Deficit spending and public works projects are not conservative economic ideas.
Its Supply Side Economics Right?
For years republicans have touted the idea of shifting our economic approach to producers rather than stimulating consumer demand. That’s what they think this president is doing. Truth is President Trump and the GOP will not actually be testing so called supply side economic ideas.
In Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689 I review exactly what Supply Side economics is. What’s more, I’ll explain how Team Red might be more than a little surprised to learn their economic policies are more closely related to the famous progressive populist Huey Long than Ronald Reagan.
Rah Rah Team Red
Holiday season is a great time for get togethers with friends and family. Politics is a topic of conversation during these get togethers. Republicans celebrate an economy that’s growing wildly, already. Since government spending is a component of our calculations for ‘the economy’, spending and borrowing can create what looks like growth.
It’s The Spending
Lower tax rates, especially for corporations can help producers and spur economic growth. What about higher spending and bigger deficits? Sounds to me like republicans and democrats are practicing two sides of the same approach to economics. Deficit spending and more debt to spur economic growth.
Welcome To Louisiana
In conclusion team red people may cheerlead for anything their president and congress does as it is their right. Just be honest. Go ahead and wrap yourself in the flag and religion, but Team Red isn’t conservative and neither is President Trump.