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News Economy Taxes Wednesday, Oct 19 2016

Trump Is A Con Artist Who Would Destroy The Economy To Help Himself

Oct 19, 2016

Donald Trump really tries to talk a good game on trade and the economy, but his history of outsourcing his own products and profiting from trade proves he’s a foe for working families.

Donald Trump’s non-apology for cheering on the housing crisis because he saw an opportunity to profit while working families lost their homes: “That’s called business.” 

Sadly, there’s nothing surprising about Donald Trump feeling just fine about the prospect of others suffering because he thought he could make a quick buck. That’s the philosophy that’s defined Trump’s entire adult life, and it comes through in his Trump First economic policies that help him and his wealthy donors, but would tank the economy.

Who the hell cares if there’s a trade war?” Trump asks, oblivious — or just indifferent? — to the fact that his “trade war” mentality and billionaire friendly tax proposals (yes, he has four) would not just add $10 trillion to the national debt, but also ensure “the economy suffers a lengthy recession and is smaller at the end of his four-year term than when he took office.”

That’s the level of economic performance you can expect when you elect a failed businessman (but successful, exploitative con artist) like Donald Trump to the presidency.

With economic advisers drawn from Trump’s top-tier campaign donors — who happen to be Wall Street and hedge fund investors — it’s no surprise that the common thread throughout each of Trump’s tax plans has been disproportionate after-tax income boosts for top income-earners like Donald Trump — if Trump paid any income tax at all, that is.

Donald Trump is and always has been a con artist. And he wouldn’t hesitate to destroy the economy with his dangerous, uninformed policies if he thought there was an opportunity to profit.

Published: Oct 19, 2016

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