From Peter Coy, in NYT:
“If you liked what Trump did on the economy the first time, you’ll like what he does the second time,” Stephen Moore, an unpaid senior financial adviser to the Trump marketing campaign, advised me. “He wants to hit the ground running. He feels like the clock is ticking.”
“The difference between Trump and Reagan, and I worked for both, is that Trump is not especially ideological,” Moore stated. “Reagan was ideological. Trump is a businessman. When you talk about issues with him, he deals with common sense.”
Moore stated Trump doesn’t at all times act on his threats of elevating tariffs, which he makes use of as leverage “to get other countries to do what is in the U.S. national interest.” By Moore’s concept, tariffs won’t be that a lot increased underneath Trump than underneath Biden. Then once more, Trump as soon as tweeted, “I am a Tariff Man.”
Extra prognostications from Stephen Moore. This checklist doesn’t embody Mr. Moore’s February 2024 characterization of the AARP as “the most evil left-wing organizations in America”, on video right here.
On tariffs — one of many few financial insurance policies Mr. Trump really adopted by means of on — CAP has accomplished the next tabulation concerning the tax on imported items that may come a few 10% tariff on all imported items.
Supply: CAP.
