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& #39;d add one subtle point... https://www.washingtonpost.com/opinions/2021/04/29/tim-scotts-weak-rebuttal-shows-gop-badly-defensive/">https://www.washingtonpost.com/opinions/...
But I& #39;d add one subtle point... https://www.washingtonpost.com/opinions/2021/04/29/tim-scotts-weak-rebuttal-shows-gop-badly-defensive/">https://www.washingtonpost.com/opinions/...
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& #39;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& #39;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& #39;s being dominated by zombie Reaganism and dumb, often incoherent right-wing populism.