Bill McGurn: If The Economy Sustains 3% GDP President Trump Will Be Untouchable
Bill McGurn, former Chief Speechwriter To President George W. Bush, joined Brian Kilmeade to discuss whether President Trump will be able to pick up any democrat votes to pass tax reform. McGurn is encouraged by the President meeting with democrats at the White House to work on tax reform but believes the President is in a position to ask the public to put pressure on reluctant politicians to give Americans the tax reform the economy needs to be competitive globally. McGurn points to President Reagan’s approach of going directly to the American people to put pressure on congress as something President Trump should emulate to help pass tax reform.
Listen here:
McGurn on how President Trump should emulate President Reagan’s approach to tax reform
(McGurn) We don’t know where we are until Donald Trump goes out there on the stump and tries to explain what he’s trying to do with the tax reform and who’s getting in the way. I go back to Ronald Reagan sold his tax cut for you know many times out on the stump and then he gave a speech right before the vote and asked people the American public to call their congressmen and senators and let them know they want a tax cut and Tip O’Neill said it was an avalanche.
McGurn on President Trump being untouchable if the GDP sustains at least 3% growth
(McGurn) I think he would be untouchable if he can achieve that. Look for most of the post war era through 2000 we averaged about 3% growth and in the last few years we’ve been told two percent is the new normal and it’s a huge difference there’s no better program for the American worker than economic growth. It’s like Einstein said compounded interest you know cause your increases in wealth compound every year. There’s no program Washington could pass even if you gave people money that does more than economic growth for or for the ordinary Joe. I think also Donald Trump has a big advantage here for example over Mitt Romney and some of the others he’s not embarrassed by his wealth. He’s earned it, he’s not embarrassed by it and I think that would be an asset in addressing this democratic narrative that kind of holds that if you are successful you’re doing it at the expense of someone else.
