Astounding Economic Illiteracy of Trump's Advisors

Astounding Economic Illiteracy of Trump's Advisors
CNN

Here’s a letter to the Wall Street Journal:

Wilbur Ross’s and Peter Navarro’s defense of Donald Trump’s economic policies is mostly a mash of bunkum (“A Vote for Trump Is a Vote for Growth,” Oct. 26).  Consider this claim: “Donald Trump will cut taxes, reduce regulation … and eliminate our trade deficit through muscular trade negotiations that increase exports, [and] reduce imports….”

Cut taxes?  Bunk.  Trump famously promises to raise taxes on Americans who buy imports.  Reduce regulation?  Rubbish.  Trump promises moregovernment intrusions into Americans’ commerce with foreigners.

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