Article 47C1F The shutdown has exposed Trumponomics for what it is: a disaster | Robert Reich

The shutdown has exposed Trumponomics for what it is: a disaster | Robert Reich

by
Robert Reich
from on (#47C1F)

When the president is proud to close government and proud to slash taxes for the rich, American workers get shafted

One of the least talked-about consequences of the partial shutdown of the US government - courtesy of Donald "I'm proud to shut down the government" Trump - is its negative effect on the US economy.

Related: Republicans' lack of alarm over the shutdown reveals a disturbing truth | Ross Barkan

The tax-cut steroid wore off within six months of its passage

Trumponomics is an abject failure because its premises are flawed

Related: How Trump has changed America in two years

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good.

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