Trump’s economy
Donald Trump’s fiscal policies (his tax cuts, pandemic relief measures and discretionary spending increases) boosted the national debt by an additional $8.4 trillion, according to a comprehensive analysis by the Committee for a Responsible Budget, a leading budget watchdog.
His Tax Cuts and Jobs Act of 2017 did little to help the average American financially because it focused on tax cuts for corporations that reduced their income tax rate from a top rate of 35% to only 21%.
A joint report from researchers at the University of Chicago, Harvard, Princeton and the U.S. Treasury found that the tax breaks came nowhere close to paying for themselves as conservatives had claimed and are actually increasing our $34 trillion national debt by more than $100 billion each year.
As far as workers are concerned, the law’s actual wage gains were vastly below what Trump’s officials predicted, providing only $750 per worker each year on average compared to a promised $4,000 to $9,000 per worker.
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Trump’s trade policies were also disastrous. His broad tariff war on foreign goods had no positive effect on U.S. employment, hurt U.S. farmers, raised prices for U.S. consumers and made U.S. manufactured exports more expensive and less competitive internationally. In fact, the trade deficit in goods grew from $735 billion in 2016 to $901 billion in 2020.
Trump and his MAGA congressional allies are promising Americans another round of debunked “trickle-down” economics and more of the same failed tax and trade policies.
Don’t be fooled.
Tim Miles Mount Airy
Community service?
Donald Trump will never be sentenced to jail time. Too much of a political hot potato. But maybe mandatory community service would be more appropriate. Some ideas:
Delivering Meals on Wheels.
Laundering bed sheets in homeless shelters.
Helping wounded veterans with physical therapy in VA hospitals.
Helping to register voters in underserved Black and Latino communities.
Cleaning refugee detention camps at our southern border.
Maybe then he can understand how the other 99% live.
Marion Hankins
Lexington
Tasteless cartoon
This is concerning the cartoon on the June 6 Opinion page with Mark Z. Barabak’s column.
Yes, Donald Trump has been convicted, but just why would you have to show the naked body as depicted in this illustration? If this article had been about Joe Biden, would he have been depicted that way?
I think not. This is pretty low of the Journal.
Robin Bowles
Rural Hall
Mind your spending
A widely reported survey showed most Americans living paycheck-to-paycheck. The survey further reported that most of those people blame President Biden.
There is, rather, a more appropriate place to look for the cause of your trouble: the closest mirror.
Living within one’s means is neither rocket science nor magic.
It is merely discipline — day after day, year after year. It is understanding that your income is not guaranteed to continue uninterrupted for your whole life.
And it is not taking on a financial burden beyond your prospects: house, car, child, etc.
Gerald Cohen
Advance
Abusing Clark
Let’s hope these WNBA owners come to their senses and stop these nightly muggings of Caitlin Clark by opponents who are not bright enough to see that Caitlin is a combination of the Pied Piper and Tiger Woods.
Games last year that drew 5,000 are now drawing 16,000 fans and merchandise sales are exploding. Let’s hope cooler and smarter heads prevail before she is permanently injured.
Wake up and smell the Champagne. She will lead you to riches you never imagined.
Tom Jones
Winston-Salem
Immune to truth
Irrespective of how the Supreme Court rules on the limits of presidential immunity, “herd immunity” continues to effectively shield the MAGA minions from being infected by the truth of the former president’s misdeeds and the dire consequences of his returning to the White House. While judicial appeals have slow-walked the prosecution of the former president, those delays have only enabled the herd immunity of the MAGA movement to further mutate their politics of resentment, grievance, xenophobia and partisan retribution.
Will it be the court’s ruling on the bounds of presidential immunity that will determine the fate of a lawless president? Or will it be the herd immunity of the MAGA movement that determines the fate of the rule of law and our democracy?
Howard Becker
Greensboro
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