Promises, promises
“Trump claims his policies will do just that, creating a new "golden age" that will lift most boats and more than make up for what people might lose in government largesse. Low taxes will trigger blowout growth; tariffs on imports will bring back millions of good-paying manufacturing jobs; unshackled workers aided by artificial intelligence will become more productive than ever.”
Hmm. Tax cuts don’t pay for themselves and have *never* let to “blowout growth” of anything except the deficit and the national debt. And everything I’ve read about AI says that it will take jobs *away* from workers.
Then there’s this:
“But an important theme is emerging from Trump’s actions and the legislative plans of Republicans who control Congress. Trump and his allies want to shrink the federal bureaucracy and establish the sort of libertarian government that Trump backer Peter Thiel, the billionaire tech investor, seems to favor.”
Well, no wonder Trump’s policies are incoherent. They’re moored in libertarian fantasy. Libertarianism is the political philosophy of middle school boys and arrested development. It's no way to run an industrialized nation in the 21st century.
https://finance.yahoo.com/news/in-trumps-economic-vision-everybodys-on-their-own-110021999.html
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