Tag: Cleveland debate

Economic Debate: Kasich, Rubio, Bush Up — But Trump’s Protectionism is the Real Downer

 

DebateWith a record 24 million people watching the GOP debate, you’d think there would have been a lot more time spent on the most important issue of the day: the economy. Look at any poll. Jobs and the economy are always at the top of the list. But there was barely a mention of this on Thursday night.

The Republican party is not going to win this election unless it persuades the electorate that its primary principles of low marginal tax rates, lighter regulation, free trade, and a sound dollar are the best path to growth. Call it free-market capitalism. Call it supply-side. Call it entrepreneurship. Call it take-home pay. But the endgame is growth and prosperity.

So let’s make this very simple. Like almost every election in American history, 2016 is going to be about growth versus redistribution, private-sector markets and competition versus government planning, and a hard reliable dollar versus a protectionist collapse of the greenback.