Once again Paul Krugman speaks the truth about Republican nonsense on the economy.
So now the conventional wisdom is that we’re witnessing a temporary triumph of style over substance; Republican voters like Trump’s bluster, and haven’t (yet) realized that he isn’t making sense.
But if you ask me, the people who are really mistaking style for substance are the pundits. It’s true that Trump isn’t making sense — but neither are the mainstream contenders for the GOP nomination.
On economics, both Jeb Bush and Scott Walker are into deep voodoo. Bush takes his experience of presiding over a giant housing bubble in his state, as proof that he can double America’s underlying growth rate. Walker is Brownback-light: his governorship on Wisconsin was premised on the proposition that tax cuts, spending cuts, and union-bashing can create an economic miracle, but the reality is budget deficits and subpar growth, lagging in particular the performance of neighboring Minnesota.
Is Trump any worse on economics than these guys?
When it comes to economics the Republican Party is a one trick pony. Tax Cuts (for the Rich) are a central part of all the Republicans' economic policy prescriptions. After all they are the Party of the 1% so tax cut snake oil is their beverage of choice.
http://www.dailykos.com/story/2015/08/05/1409137/-Krugman-It-s-true-that-Trump-isn-t-making-sense-but-neither-are-the-mainstream-contenders?detail=email
