Trump looks to bring back failed trickle down economics
The ’80’s were great, unless you were poor or middle-income.
As the presumptive Republican nominee gets ready to put out his plan to boost U.S. growth, he’s sought advice from some of the most notable names in Reaganomics, including Arthur Laffer, Larry Kudlow and Stephen Moore. More voters might support Trump if he can persuade them he will bring back some of the economic successes of the era when he penned his bestselling book, “Trump: The Art of the Deal.”
Kudlow and Moore have been working with the campaign on its tax plan, advising Trump to cut some deductions for high-income Americans and “raise money by broadening the tax base,” said Moore, a visiting fellow at the Washington-based Heritage Foundation who served as an economic adviser in Reagan’s administration.