Victor Davis Hanson: The Quiet Economic Boom of Trump 2.0
Doomsayers cry recession. The data says something different. As the Trump budget advances through the Senate, critics are already sounding alarms over deficits and tax cuts. But Victor Davis Hanson says the numbers tell a more complicated—and possibly optimistic—story. Victor Davis Hanson analyzes why the Trump budget may be triggering a quiet economic reboot in this episode of “Victor Davis Hanson: In His Own Words.” “ The economy is doing very, very well. And a lot of it is the expectation of things that are in process. The $10 trillion of foreign investment. This extensions of the tax cuts. Incentives for investment, in the new budget. “ Especially with the economy, it’s being rebooted. It's being redirected in ways that economists are not even able to figure out. Because we haven't done this before. And the net result might be that we're going to make progress both in the expansion of the economy and through growth in federal revenues cut down these deficits.”