Republican Donald Trump gave a speech on economic policy before the Detroit Economic Club on Monday. The appearance was supposed to constitute a reboot of his flagging campaign, recently beset by blunders, bluster, and bullshit.
The candidate mostly stayed on script, reading on despite fourteen interruptions by protesters at pre-planned intervals. There was little actual news in the content of the address unless you want to call out revising his tax cuts to match the ones House Speaker Paul Ryan has been proposing.
Trumpian economics consists of triggering a trade war, drastically increasing the deficit and a massive transfer of wealth to the to already rich, while the rest of us wait for tax deductions we can’t use, along with the same old promises about deregulation/trickle-down as the road to prosperity.
“I want to jump-start America,” Trump said, “and it won’t even be that hard.” [Read more…]