Trump’s fantasy capitalism

Source: The New Republic
By Corey Robin

“After suffering one humiliating failure after another this year, Republican lawmakers are attempting to get their agenda back on track with a campaign to cut taxes. But once again, they may find in Donald Trump a less-than-effective advocate for their goals. Not because Trump’s views are inconstant — though they are. Not because Trump is a fair-weather friend, though he is. No, Trump may prove a liability on tax reform because he exposes, more clearly than ever before, the fantasy that undergirds the Republican approach to the economy. … Despite the fact that the GOP tax plan would add some $2 trillion to the national debt, Republicans have barely batted an eye. The truth is, being in the red is something the GOP raises concerns about only when Democrats are in power, as an argument against spending on social programs.” (11/13/17)