First, remember the result of the George W. Bush-era economic policies – negative private-sector job creation and a decrease in the stock market. His policies favored tax cuts for the rich and antagonism to our foreign trade partners. Obviously, these policies failed.
Donald Trump’s economic policies are the same, only more extreme. He also favors major tax cuts for his rich friends (and himself). His foreign policy is based on isolationism, including border walls and minimum immigration. Both these policies have been shown to be bad for the economy. Foreign trade jobs are known to pay 50 percent more than strictly domestic jobs. Fair immigration has always helped the economy.
Bush policies not only destroyed the world economy, they substantially increased the deficit. Trump policies are even worse.
Bob Gould, Groveland
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