Posts Tagged ‘Upper=Bracket Tax Cuts’

Trump’s broken promises to working Americans

May 14, 2018

Donald Trump and supporters. Source: Quartz

When Donald Trump ran for President, it was on an economic populist platform that, in many ways, put him well to the left of Hillary Clinton and of any Republican since Richard Nixon.

Most of what he promised would have been politically popular, economically feasible and beneficial to American working people—although not necessarily politically feasible.  But none of it was done or even seriously attempted.

Jonathan Chait last week wrote about Trump’s broken promises for New York magazine.  Here’s a short list of Trump promises:

  • Create a health insurance program that covers more people than Obamacare.
  • Negotiate lower drug prices through Medicare.
  • Pull out of NAFTA and negotiate a better trade deal.
  • Raise taxes on the rich, including himself.
  • Enact a $1 trillion infrastructure program (later $1.5 trillion).
  • Enact a six-point plan to curb lobbying, including no lobbying by former government officials or members of Congress until five years after leaving office and curbs on foreign companies making campaign contributions.

Trump has done nothing to replace or reform Obamacare, only made minor changes that make it worse.  Nothing was done to lower drug prices.

Simply canceling NAFTA would have been wrong.  Nations, even superpower nations, can’t just break agreements and not suffer consequences.  But there certainly is a need to renegotiate NAFTA and similar agreements.

The infrastructure plan is now $200 million, and even that has been postponed until next year.

As for putting limits on lobbying—that is a joke!

But I suspect that most Americans aren’t aware of this.  Most of the reporting on Trump has to  do with the Russiagate investigation, or Trump’s scandalous personal behavior, or the latest outrageous thing that Trump has said on social media.

These things matter, of course.  But they have nothing to do with public policy.

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