Trump Turns To Reagan-Era Economic Advisers To Bring American Economy Back To Life

D c whispers ^ | 5-26-16

[InvisibleChurch]

For those who remember the record-breaking era of economic prosperity that was the Reagan years, you will be happy to learn that the Team Trump is at this very moment receiving advice from some of the most influential economic policy advisers who helped shape that Reagan-era success.

Names like Laffer, Moore, and Kudlow were once synonymous with an America that saw itself push back from the deep doldrums of the Carter economic morass, and Team Trump, with the encouragement of Trump campaign supervisor Paul Manafort, is now working to bring a version of that 1980’s success to 2017 and beyond.

“American jobs for American workers.”

So goes the mantra inside the still-developing Trump economic platform. Job creation is rivaled only by the subject of national security as priorty #1 for the New York billionaire – and now Arthur Laffer, Stephen Moore, and Larry Kudlow are all on board helping to see that job creation goal go from the realm of hopeful to reality and doing so by eliminating top tier tax deductions and most importantly, expanding the tax-payer base while delivering much-needed tax relief to the long-embattled American Middle Class.

[doc maverick]

Reaganomics worked.....took a little while to get it rolling and then Bubba basked in it and tried to take the credit for it. Demonomics sucks and consists of tax-payer slavery, increased government, globalism and wealth redistribution which has bred a lazy generations of people who would rather live off the system and sell drugs than work.

[bIlluminati]

One thing that concerns me is the impact of the price of debt servicing if the interest rates return to anything like normal.

If a debt can't be paid, it won't be paid.

[steve8714]

Trans-oceanic shipping is still slow, risky and expensive. Remember the dock strikes this past winter? I had a customer shut down 55 days for a shipment, and when the container arrived everything inside was ruined. In many cases the cost of overseas procurement now exceeds domestic, but many in supply chain don’t look at the entire cost.