Having served as economic advisors to Trump and as part of a team of people who helped devise the strategy, so far Trumponomics is working. It is working so well that even we are amazed at the American economic transformation—both at the speed and the heights of the rebound. — Stephen Moore and Arthur B. Laffer in “Trumponomics: Inside the America First Plan to Revive Our Economy.”
There is no doubt that President Trump has changed our country with his foreign and domestic policies and his decisive way of working with, and sometimes against, people. Love him or hate him, you can’t deny he has been successful in healing and bolstering the American economy, making good on the promises he put forth at every campaign stop in 2016.
Unfortunately, the pattern of unprecedented hostility against the president in the media (90-93 percent negative stories in major media outlets) and the media’s constant focus on inconsequential stories makes it difficult to understand the economic vision that President Trump is building. Yet, as Americans, we want and should know — where are we headed and how we are getting there?
Thankfully Stephen Moore and Art Laffer don’t disappoint with this insight into Trump’s economic policies and the healing of the U.S. economy. Their book “Trumponomics,” released Oct. 30, provides an honest untainted look behind the scenes afforded by the direct access they both had to Donald J. Trump during the campaign and afterwards in the Oval Office. Moore and Laffer discuss their first-hand perspective of the man we need to understand beyond the rabble-rousing rhetoric and beyond the daily demagoguery.
It’s apparent that Laffer and Moore, along with other well respected economists, were instrumental in crafting many of the changes we’ve seen sweep across the nation from tax cuts to entitlement reform to pro America energy policies. That’s not surprising when you consider the background of the authors.
Moore is a former member of The Wall Street Journal’s editorial board focusing on economic and public policy. He was the founding president of the Club for Growth, and co-founder of the Committee to Unleash Prosperity. He received his B.A. from the University of Illinois at Urbana-Champaign and holds an M.A.in economics from George Mason University. Laffer was a member of President Reagan’s Economic Policy Advisory Board for both of his two terms. Dr. Laffer also advised Prime Minister Margaret Thatcher on fiscal policy in the U.K. during the 1980s. He is also the co-founder of the Committee to Unleash Prosperity. He has been a faculty member at the University of Chicago, University of Southern California and Pepperdine University. Dr. Laffer received a B.A. in economics from Yale University in and received a MBA and a Ph.D. in economics from Stanford University.
Be forewarned, the book is not a marketing tool of the president’s policies, nor does it opine on only positive qualities of the president. Laffer and Moore aren’t in lock-step with the Trump, clarifying differences on immigration policies, punitive tariffs and even style. More significantly the book provides the economic reasoning behind throwing support behind all of America’s significant energy resources including natural gas, oil and coal. It lays out the benefits of better trade deals and the need to protect the intellectual property of American companies.
And, it is reassuring to catch an occasional glimpse of a president that listens to experts, grasps the lay of the land almost intuitively, considers multiple options and only then moves forward with the goal of always doing what is best for America. This book shows that Trump does so much more than the trite lip service most politicians are known to provide. For Trump keeps America and American citizens first.
Carter DeWitt is the chief development officer for The Daily Caller News Foundation. No stranger to the national nonprofit scene, Carter brings over 25 years of combined experience in fundraising, public relations, communications, marketing and business management at the national, state and local levels. She previously had successful chief development officer tenures at the Tax Foundation and the Franklin Center for Government & Public Integrity. Carter oversees all aspects of fund-development, including foundation, corporate and individual support.
The views and opinions expressed in this commentary are those of the author and do not reflect the official position of The Daily Caller.