pikachu
Sr. Member
Posts: 2,224
|
|
« on: December 28, 2023, 02:37:19 PM » |
|
I do wonder what economic policy under Trump and a GOP trifecta looks like in a world where interest rates remain elevated, we’re near full employment and deficits seem to matter. Which means that a tax cut would probably be a bad idea atm, but it’s also the one policy that the GOP has a permanent consensus on. Non-Trump Republicans are at least rhetorically are big on fiscal responsibility thru cutting SS/Medicare, but a big part of Trump’s appeal has been that he doesn’t do that.
Maybe a GOP trifecta doesn’t end up trying to do anything, but it’s hard to imagine a GOP trifecta not bothering to even try cutting taxes. Theoretically, I could see this creating a fracture in the GOP that a populist Trump 2016 type of candidate questioning GOP economic orthodoxy could exploit, but it’s hard to see who that’d be because Trump and his acolytes have stuck with that orthodoxy.
|