Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues
Posted inCustoms (Tariff) Federal Budget (US) Inflation (Economics) International Trade and World Market Labor and Jobs Presidential Election of 2024 Protectionism (Trade) United States Economy United States Politics and Government

Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues

The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.
Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party’s Platform
Posted inFederal Budget (US) National Debt (US) Presidential Election of 2024 Protectionism (Trade) Republican Party Social Security (US) Tax Cuts and Jobs Act (2017) Trump, Donald J United States Economy United States Politics and Government

Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party’s Platform

Fiscal hawks are lamenting the transformation of the party that claimed to prize fiscal restraint and are warning of dire economic consequences.
One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Posted inCustoms (Tariff) Federal Budget (US) Income Tax Inflation (Economics) Interest Rates International Trade and World Market Politics and Government Presidential Election of 2024 Protectionism (Trade) Regulation and Deregulation of Industry Taxation Trump, Donald J United States Economy United States Politics and Government

One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy

Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.