Profile image
By Cafe Hayek (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Trump Keeps a Key Campaign Promise

Wednesday, November 23, 2016 11:33
% of readers think this story is Fact. Add your two cents.

(Don Boudreaux)


Here’s a letter to the Wall Street Journal:

Many people are distressed that Donald Trump is failing to assure us that he will refrain from using the power of the presidency to create special privileges for his private companies (“Donald Trump Raises Prospects of Keeping Ties to His Firms,” Nov. 23).  Yet in fact, Trump is simply delivering on a key campaign promise.

Central to Trump’s political message is the assertion that prosperity for ordinary Americans requires government creation of special privileges for existing, private firms – special privileges, such as tariffs, that artificially inflate the sales and profits of these firms.  (And those who eagerly bought into this message include not only Trump’s supporters but also those who cheered Bernie Sanders and those who voted for Hillary Clinton.)  Therefore, if using special privileges to artificially inflate the sales and profits of existing American firms is indeed the key to ‘shared prosperity,’ there’s no reason why Trump should not begin this glorious process of national enrichment by granting special privileges to his own Trump Organization, Inc.

Donald J. Boudreaux
Professor of Economics
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA  22030


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.