Jerry Bowyer: ‘Trump Trade’ Will Be Over Without Tax Cuts
Below is your personal RSS feed link, generated just for you - please do not share it!
https://townhall.com/podcastfeed/vip/townhallreview?m=
You can get your link from the Podcast show page, which you can paste into the listening app of your choice. For most apps, you can do this by clicking "Add a show by URL" or "Add by RSS feed". You can find app-specific instructions below.
Apple Podcasts
- Open your Library
- Tap or click Add a show by URL
- Paste the link above
Google Podcasts
- Tap or click Activity on the bottom right of your screen
- Scroll to Subscriptions on the top and then tap the 3-dot menu
- Tap or click Add by RSS feed
- Paste the link above
November 17, 2017
The stock market had a great run after the election of Donald J. Trump as president. This put egg on the face of many elite commentators who predicted that a Trump victory would be disastrous for the economy.
Indicators of economic optimism also improved, and some business activity indicators improved in response. But lately plans for tax reform have been splintering into competing versions.
Some GOP leaders seem willing to cave on key issues such as whether to cut rates for the highest bracket and whether to delay corporate tax reductions. In response markets have leveled off, and there are some signs that growth is sagging too.
It is imperative that tax cuts be passed now and implemented immediately. Republicans will get no credit from the electorate for bi-partisanship if they sail into the next election with a weak economy on the horizon. It doesn't need to be fancy. But it needs to be soon.
We're past the time for rhetoric: we need successful votes and tangible policy shifts, otherwise the famed 'trump trade' may well be over.
Indicators of economic optimism also improved, and some business activity indicators improved in response. But lately plans for tax reform have been splintering into competing versions.
Some GOP leaders seem willing to cave on key issues such as whether to cut rates for the highest bracket and whether to delay corporate tax reductions. In response markets have leveled off, and there are some signs that growth is sagging too.
It is imperative that tax cuts be passed now and implemented immediately. Republicans will get no credit from the electorate for bi-partisanship if they sail into the next election with a weak economy on the horizon. It doesn't need to be fancy. But it needs to be soon.
We're past the time for rhetoric: we need successful votes and tangible policy shifts, otherwise the famed 'trump trade' may well be over.
See omnystudio.com/listener for privacy information.
