Tag Archives: optimism

Jerry Bowyer: ‘ Trump Trade ’ Will Be Over Without Tax Cuts

Shooting Florida

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.

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Michael Medved: Dem’s Gloom May Seal Their Doom

Opioid

The Democrats used to bill themselves as the party of unshakable optimism with jaunty, confident presidents like FDR or JFK, or the “Man from Hope” himself, Bill Clinton. But a new Pew Research study shows the party of “Happy Days Are Here Again” and “High Hopes” is now the party of “Eve of Destruction.”

The percentage of Democrats who say they feel “little or no confidence in the country’s future” nearly tripled in the past two years—from just 12 percent to 34 percent. Meanwhile, Republican spirits have soared—with 59 percent expressing “a lot of confidence” in America’s future—up 19 points since Trump’s election.

In politics, optimism generates energy and attracts votes while panic and negativity tend to repel the electorate. In every presidential race in the last 90 years, the more cheerful, positive, ebullient candidate has prevailed. That suggests the Democrats’ current gloom will only serve to seal their own doom.

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