To The Daily Sun,
Donald Trump says that if elected he will promote a large tax cut. He says that the economy will improve so much that the deficit will not be dramatically altered by the cut.
President Bush promoted the Bush tax cuts which involved a huge cut in taxes for the wealthy. At the time of the cuts the deficit was in check. Following the cuts the deficit increased at an accelerated rate and the growth in the economy did not make up for it.
By the end of President Bush's term, the unemployment rate was approaching 10 percent. The stock market had dropped to about 6000.
Promoting the same thing but expecting different results is called ignorance. I don't think that Donald Trump is ignorant. He is wealthy and will benefit greatly from the cuts.
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