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The latest Trump tax cut plan would be a steroid injection for the U.S. economy. Bravo to the White House and congressional leaders for packaging the biggest pro-growth tax cut since Reagan.
The White House and congressional Republicans have released their tax plan that President Donald Trump boasts would be "the biggest tax cut since Reagan."
One of the most enduring lessons from the Obamacare fiasco, is that to win a political battle it is best to keep the message simple. If there are too many moving parts to a plan, if Americans don’t understand what the politicians are doing, or if there are parts of a bill they don’t like, it probably will go down in flames.
Well finally we are getting that “Summer of recovery.” The July jobs report was a blockbuster — solid job gains across the economy, lowest unemployment rate in more than a decade, and a nice bump up in wages.
Quick: what was the number one source of electricity production in the U.S. during the first half of 2017? If you answered renewable energy, you are wrong by a mile. If you answered natural gas, you were wrong by a tiny amount.
Finally, Republicans are getting smart on Obamacare. It took one of the savviest Republican senators — Sen. Ted Cruz of Texas with an assist from Sen. Mike Lee of Utah — to get the GOP to figure out how to replace Obamacare, reduce premiums and save money for the government — all without alienating millions of voters. He’s pulled the Republicans’ fannies out of the fire by flipping a political losing strategy into a big time winner.
Let’s stretch our imaginations for a moment and assume that the left is right that global warming will bring apocalyptic warming by the end of the century and that the only way to save the planet from extinction is to stop using fossil fuels right now. That will be a spectacular disruption to world economic prosperity because cheap fossil fuels account for about two-thirds of all electric power generation and at least 80 percent of transportation fuel.
This past week Donald Trump renewed his promise of an era of American global energy dominance. It's an achievable goal and a quintessential America-first theme that Trump should keep playing.
The media has hyper-obsessed over the Kansas tax hike this year and has sold this as a repudiation of "supply side economics." But the real story in the states has been the catastrophic effects of "tax and spend" fiscal policy in Illinois.