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May 7th, 2024

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Trump Economic Policies Are Likely to Succeed

Dick Morris

By Dick Morris

Published Dec. 27, 2017

Trump Economic Policies Are Likely to Succeed

Donald Trump, Congress and the entire Republican Party has cashed it's winnings from the 2010, 2012, 2014 and 2016 elections and bet them all on Red — that their supply-side doctrine will change America's economy and turn it loose for transformative growth.

The odds are quite good that it will work. Economic doctrines, if well thought out, generally do what they are supposed to do.

The meteoric rise of the American century, after the massive stimulus of the 1940s and the post-war years worked as planned.

When it began to fade, the JFK-LBJ tax cuts kept it going. The '70s were a disaster, but, after Washington stopped confusing inflation with growth, the economy got back on track.

Usually, it's when policymakers step on the gas and the break at the same time that everything starts to sputter, as when President Obama combined massive new stimulus with new regulatory impediments to growth.

But that's not what President Donald Trump has in mind. He is cutting through Washington anti-growth rules like a Wisconsin lumberjack. The breadth of his tax cut and how it all points in the same direction — growth — is astonishing. Few compromises, no contradictions, just good pro-growth policies. G0D bless Donald Trump.

His policies are clear and compelling, and he leaves the left with no place to stand. They cannot go into an election protesting against an opposition program that is manifestly working. They tried that in 1984 and it backfired massively.

Having charted the clearest ideological course on his core tax program, Trump can afford to shine a little kindness and light on the immigration DACA children (in return for a wall). Let's use a booming economy that lifts all boats to create more Latino Republicans (or even black Republicans) by softening some of Trump's edges.

He can do it because now, suddenly, the ideological heavy lifting has been done.

From his crazy quilt of feuds, grudges, rhetoric, and iconoclastic tactics, an incomprehensible tactical doctrine emerged, apparently comprehensible only to swamp creatures. But it sure as heck worked.

G0D bless Donald Trump!

Dick Morris, who served as adviser to former Sen. Trent Lott (R-Miss.) and former President Clinton, is the author of 16 books, including his latest, Screwed and Here Come the Black Helicopters.

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