On Episode 93 of War Room: Impeachment, Curtis Ellis, policy director at America First Policies, joins to discuss President the wild success of the economy under President Trump.
Host Stephen K. Bannon asks: “What are his economic policies and why are they working in today’s world when they’re supposed to be so radical and so outside the economic orthodoxy of the Republican party?”
Ellis outlines four key planks: “President Trump has gone back to the basics. His economic policy is tax reform, trade reform, regulatory reform, and energy reform. That’s the four-legged stool. I would add perhaps a fifth element, immigration reform.”
He elaborates on each reform.
Tax reform “is about making our country on the same level as other countries that have a lower tax rate than we did.”
Trade reform “prohibits the importation of cheap foreign goods and having trade deals that put us on the same level playing field.”
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Regulatory reform is “deconstructing the administrative state and neutering the interagency.”
Energy reform focuses on the “tremendous energy resources in this country since cheap energy offsets the cheap labor of East Asia.”
Ellis explains why “populist economics works”: “People want jobs. People want the dignity of earning it for themselves. We’ve seen in our focus groups that socialism is a buzzword for free stuff. People don’t like the idea of their kids expecting to get stuff for free and they know that Trump is the other way. Even if they don’t like his personality, they like his policies.”
In contrast, “The Democratic party cannot acknowledge that President Trump got something right. They are blinded by color. They are so wedded to the race-based analysis instead of a worker-based analysis.”
Concerning immigration and sovereignty, the Democratic party is also on a different wavelength: “American citizenship is something the elites of the modern Democratic party have forsworn because they imagine there’s no countries, nothing to live or die for, they’re lost in some John Lennon Imagine acid dream where there are no countries anymore.”