Waldman: Trump’s description of the economy totally false

Posted by | April 28, 2016 21:00 | Filed under: Economy Politics

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Paul Waldman in the Washington Post knows it’s a matter of which narrative the American voter will believe; but only one is true.

I can’t stress this enough: Republicans argue that if we just cut taxes on the wealthy and reduce regulations on corporations, then the economy will explode in a supernova of prosperity for all. You can call this belief ahistorical, or unsupported by facts, or baseless or implausible, but if you want to be frank you’d have to say that it’s absolutely lunatic…

Trump’s story is the same one other Republicans tell, with the addition of the idea that “bad deals” on trade have had a crippling effect on the country. For the moment we’ll put aside the merits of Trump’s claim that imposing enormous tariffs on Chinese goods will cause all those jobs sewing clothing and assembling electronics to come pouring into the United States, but the political question around Trump’s story is whether people will believe his over-the-top description of both what’s happening now and the transformation he will be able to produce.

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Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

13 responses to Waldman: Trump’s description of the economy totally false

  1. Mensa Member April 28th, 2016 at 21:24

    >> Republicans argue that if we just cut taxes on the wealthy and reduce regulations on corporations,

    This is _the very policy_ that crashed the economy in 2008.

    And they are pushing it again?

    Any normal American who supports this is a fool.

  2. Suzanne McFly April 28th, 2016 at 21:25

    Well the fact rump told his audience, “I will make all of you rich, you will be so rich you will be sick of money” (or something similar), and they clapped and went along with what he was saying makes me pretty sure the rubes would believe anything King rube says.

    • bpollen April 28th, 2016 at 21:58

      Of course, it’s impossible to make everybody rich. Rich is relative, like tall, short, smart… That’s as stupid as saying people aren’t poor if their is a refrigerator in the home. (Another brilliant Republican idea.)

    • Mensa Member April 28th, 2016 at 22:11

      “I will give every American a unicorn that farts glitter.”

      Trump followers applaud wildly…

      and then sucker punch a black woman.

      • whatthe46 April 28th, 2016 at 22:13

        HA!

      • DogsRgoodpeople April 29th, 2016 at 03:21

        i think you just defined the trump phenomena in three sentences.

      • Bettyareed April 29th, 2016 at 03:45

        “my room mate Mary Is getting paid on the internet 98$/hr”..,……..!wc554ctwo days ago grey MacLaren P1 I bought after earning 18,512 DoIIars..it was my previous month’s payout..just a little over.17k DoIIars Last month..3-5 hours job a day…with weekly payouts..it’s realy the simplest. job I have ever Do.. I Joined This 7 months. ago. and now making over. hourly 87 DoIIars…Learn. More right Here !wc554:➽:➽:➽➽➽➽ http://GlobalSuperJobsReportsEmploymentsSportGetPayHourly$98…. .❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦:❖❖:❦❦::::::!wc554……..

  3. William April 29th, 2016 at 01:17

    ….” but the political question around Trump’s story is whether people will believe his over-the-top description of both what’s happening now and the transformation he will be able to produce”.

    I believe he has that sh*t covered with his base.

    https://youtu.be/NXiK9xas7KU

    • ohpaleasegivemeabreak April 29th, 2016 at 10:09

      Wondering……..will Drumpf choose one of the nitwits above to be his running mate?

      • William April 29th, 2016 at 10:53

        I think his running mate will be Chris Christy, instilling real fear into the hearts of the vice presidents kitchen staff.

  4. Larry Schmitt April 29th, 2016 at 05:20

    Yes, some people will believe tRump’s economic fairy tales because they know as little as he does. But anyone who either remembers the 80’s or knows how to use Google will know that “trickle down” only makes the rich richer. They don’t take all that money they’re not paying in taxes (taxes they can well afford to pay, and much more) to create jobs. They dump in investments somewhere, and it’s either taxed at the too-low capital gains rate, or not at all because it’s offshore.

  5. William April 29th, 2016 at 08:44

    I find it interesting that in the real world, the economy is getting so much better, but in the world of hate, bigotry and right wing fear mongering……not so good. http://www.thedailybeast.com/articles/2016/04/28/40-layoffs-as-glenn-beck-s-blaze-empire-continues-its-decline-and-fall.html

  6. eyelashviper April 29th, 2016 at 10:27

    The one thing that Trump has learned during his camaign…truth and facts are silly, just make up shit that generates applause and hoots and hollering. He proudly announced that when the crowd gets quiet, he just has to yell “Wall”, and they all wake screaming and clapping.
    Why would he even bother to state anything factual now, just more sound bites around rage and riches for all.

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