Trump running on same old economic agenda favored by GOP elites who hate him
There is nothing new in Donald Trump’s’ latest iteration of an economic plan, likely written out for him.
…Trump had an opportunity to be a different kind of Republican. Trump openly disdained traditional conservative elites — making a populist case that resonated with working-class white voters. He won the Republican nomination with hardly any support from conservative intellectuals.
But now, he appears to have decided that their ideas aren’t so bad after all.
“All Hillary Clinton has to offer is more of the same: more taxes, more regulations, more bureaucrats, more restrictions on American energy and American production,” Trump said Monday in an economic speech delivered in Detroit. Of course, this critique goes both ways: With the important exception of trade, Trump’s economic agenda is little different from the one Mitt Romney ran on in 2012.
Trump’s speech contained a number of ideas that have become staples of conservative thinking, including repealing the estate tax or reducing the number of regulations in the federal register. The working-class voters who seem most attracted to Trump don’t particularly benefit from many of these ideas.