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This is a good piece about how Republicans really have zero substantive plan for how to take the economy forward, except to point at how well things were going in 2019.
But I'd add one subtle point... https://www.washingtonpost.com/opinions/2021/04/29/tim-scotts-weak-rebuttal-shows-gop-badly-defensive/
But I'd add one subtle point... https://www.washingtonpost.com/opinions/2021/04/29/tim-scotts-weak-rebuttal-shows-gop-badly-defensive/
Donald Trump actually gave the GOP a model. But most of the party is still too locked into Reaganism or hard-money kookery to figure it out. The formula?
Dovish monetary policy. Low taxes. Deficit spending.
Dovish monetary policy. Low taxes. Deficit spending.
It's not my preferred formula—I think tax cuts instead of social and infrastructure investment are a bad way to build a country over the long term. But it can clearly get you to full employment. And it's a coherent ethos.
There are a few people in the GOP who have actually tried to push full-employment conservatism, but right now it's being dominated by zombie Reaganism and dumb, often incoherent right-wing populism.
