"Drain the swamp." It was one of President Trump's most powerful messages on the way to victory. Shake up Washington, D.C. Break a few eggs to create a new omelet. Overturn the establishment.
After the breakdown of health care reform, both President Trump and the Republican Congress need a W -- a win.
The good should never be the evil of the perfect. House Speaker Paul Ryan's health care bill is a very good first step. Massive repeal of Obamacare tax hikes will be great for the economy. Getting rid of the Affordable Care Act mandates will be great for health care. Private-sector competition and choice are always better than government-run anything. The Republican Party has to practice bipartisanship within itself.
The mark of great presidents is optimism -- visionary optimism and transformational optimism. During Tuesday night's remarkable speech before Congress, President Donald Trump was brimming with optimism from start to end. My guess is that his marvelous speech will imbue and inspire new optimism and confidence throughout the entire country.
Virtually the whole world is beating up on the Trump administration for daring to predict that low marginal tax rates, regulatory rollbacks and the repeal of Obamacare will generate 3 to 3.5 percent economic growth in the years ahead.
On the very day President Donald Trump's incentive-based tax and regulatory policies are put in place, former President Barack Obama's war on business will have officially come to an end. No longer will American companies be punished by uncompetitive rates of taxation and unnecessary rules and regulations.
In all the media back and forth over President Donald Trump's inaugural speech, most have missed a central point: His address was infused with a wonderful sense of optimism.
Perhaps the reason for President Obama’s flat and energy-less speech Thursday night -- TV cameras panning the convention floor actually showed delegates falling asleep -- was that he already knew Friday’s jobs numbers were going to be a disaster. The August unemployment report completely punctured his argument that if you just give him four more years, his policies will solve the economy.
In front of a spirited crowd that packed the Tampa Times Forum, Chris Christie gave a solid speech which echoed Mitt Romney's programs consisting of substantial budget cuts, tax cuts, and entitlement reform.
“The purpose of economic policy is growth, jobs, and prosperity,” supply-side founder Art Laffer told me today. As such, Laffer has endorsed Newt Gingrich and the Gingrich 15 percent flat-tax plan, which includes the 12.5 percent corporate-tax reform. “It’s nothing against the other candidates,” Laffer said. “But Newt’s plan is right, and therefore endorsing him is the right thing to do.”