A Year of Trump: The Politics and Realities of President Trump's Economic Policies
DOI:
https://doi.org/10.14456/tresp.2017.6Keywords:
Trump Presidency, Trump Economic PolicyAbstract
The election of Donald Trump came as a surprise to the vast majority of political scientists, election forecasters, and senior political office holders, of both political parties. On top of that, then candidate Trump ran a decidedly unconventional political campaign. He spoke in broad outlines about what he was for, but gave very few specifics about what he would actually do. Few republicans sought to emulate Trump, and thus almost all other Republicans running for office ran on more traditional republican themes. President Trump thus has become the face of the Republican party, but he is only one man in the U.S. Governmental system. The most important one, yes, but one who still has limited powers to achieve any policy goals without working in concert with republican congressional majorities, or through the vast federal bureaucracy he now at least nominally heads. This paper seeks to detail out the relationships and constraints that are at play in the Donald Trump Presidency, to attempt to see what impact on economic policy, and through that policy what impact on the real economy, has occurred, and will continue as President Trump’s enters his second year in office.
References
Allen, Jonathan and Brendan O’Brien, (2017, January 28. How Trump’s abrupt Immigration ban sowed confusion at airports, agencies, Reuters.
Avendano, Mauricio and Ichiro Kawachi, (2014). Why do Americans have shorter life expectancy and worse health than people in other high-income countries? US National Library of Medicine, National Institute of Health.
Blasé, Brian (2017, January 2) Learning From CBO’s History of Incorrect Obamacare Projections, Forbes.
Bolton, Alexander (2017, May 2). GOP Senators dismiss Trump filibuster change, The Hill.
Bonica, Adam, Adam S. Chilton and Maya Sen (2015). The Political Ideology of American Lawyers, Journal of Legal Analysis, University of Chicago.
Borsch-Supan, Axel H. (2012) Entitlement Reforms in Europe: Policy Mixes in the Current Pension Reform Process, NBER Working Paper No. 18009.
Bradner, Eric (2017, September 7). Obama pushes trade inAsia, but has 2016 killed the TPP? CNN.
Bresnahan, John (2016, November 9). Republicans hold the Senate in stunner Politico.
Bump, Philip (2017, November 10). The Decimation of the Democratic Party, visualized, Washington Post.
Cannon, , Michael F. and Michael Tanner (2007). Healthy Competition: What’s Holding Back Health Care and How to Free it, Cato Institute, Washington D.C.
Dalton, Brian (2015, September 1). The (Mostly Liberal) Political Ideologies of American Lawyers, Law Schools, And Firms, Above the Law.
Danner, Chad (2017, March 25) Reports: Trump’s “Art” Didn’t Work on Failed AHCA Deal New York Magazine, 25 March 2017
de Vogue, Ariane (2017, October 25). Judge rejects request to force Obamacare subsidy payments, CNN Politics.
de Rugy, Veronique (2017). Border Adjustable Tax Another Way to Grow Government Mercatus Center, George Mason University.
de Vogue, Ariane (2017, January 2). How Trump can reshape the federal courts, CNN.
Desilver, Drew (2016). High-income Americans pay most income taxes, but enough to be “fair”?, Pew Research Center.
Denning, Liam and Rani Molla (2017, February 2). Shale Oil Makes $70 the New $100, Bloomberg News.
Dennis, Steven and Laura Litvan (2017, May 5). Senate GOP to Snub House Obamacare Repeal Bill and Write Its Own, Bloomberg.
Epstein, Richard A. (2017). Trump’s Tax Plan, Hoover Institute.
Fox, Justin (2017, March 16). Why Federal Workers Get Paid More, Bloomberg View.
Erb, Kelly Phillips (2017, September 27). What’s In And What’s Out: The GOP Tax Reform Proposal, Forbes.
Freddoso, David (2017, May 3). Rough day for Obamacare as another insurer quits in Virginia, Washington Examiner.
French, David (2017, February 24). Trump Wants to Deconstruct the Regulatory State? Good. Here’s How You Start, National Review.
Goodman, John C. (2015, April 7). The Doc Fix is Small Change Compared to what will be needed to Fix Obamacare, Forbes.
Haidt, Jonathan (2017). Intimidation Is the New Normal on Campus, The Chronicle of Higher Education.
Harrington, Rebecca (2017, May 3). Trump signed 90 executive actions in his first 100 days – here’s what each one does, Business Insider.
Hendrickson, Mark (2017, February 3). Trump on Trade: The Good, The Bad, And The Ugly, Forbes.
Hensch, Mark (2017, April 28). Poll: More trust Trump WH than political media, The Hill.
King, Robert (2017. February 15). Insurer CEO: Obamacare in a death spiral, Washington Examiner.
Ikenson, Daniel J. (2017, February 6). Into the Abyss: Is a U.S.-China Trade War Inevitable? Cato Institute.
Klien, Philip (2013, May 14). CBO: Obamacare costs double to 1.8 Trillion in first decade, Washington Examiner.
Kling, Arnold (2008). The Crisis of Abundance: Rethinking How We Pay for Health Care, Cato Institute, Washington D.C.
Kopan, Tal (2017, March 9). Does border drop meant Trump’s tough talk is working? CNN.
Kredo, Adam (2017, February 14). Former Obama Officials, Loyalists Waged Secret Campaign to Oust Flynn, Washington Free Beacon.
Lawder, David (2017, February 26). No cuts to U.S. entitlement programs in Trump budget: Mnuchin, Reuters.
Leonard, Kimberly (2017, May 10). Aetna completely exits Obamacare exchanges, cites massive losses, Washington Examiner.
Lowes, Robert (2017, October 13). Trump Axes ACA Cost-Sharing Subsidy Payments to Insurers, Medscape.
Mangan, Dan (2017, February 28). Trump calls for “merit-based” immigration system in address to Congress, CNBC.
Mason, Jeff and Ethan Lou (2017, March 25). Trump greenlights Keystone XL pipeline, but obstacles loom, Reuters.
Mayda, Anna Maria (2006). Who is Against Immigration? A Cross-Country Investigation of Individual Attitudes toward Immigrants, The Review of Economics and Statistics, Vol. 88, no. 3, p.510-530.
Meyer, Ali (2017, May 8). Aetna CEO: Obamacare Will Continue to Deteriorate If Nothing Happens, Washington Free Beacon.
Miller, S.A. (2017, April 27). Trump threatens to terminate NAFTA unless U.S. gets a winning deal, Washington Times.
Morrongiello, Gabby (2017, April 28). More Voters Trust Trump Than the Political Media: poll, The New York Post.
Mullen, Jethro (2017. December 7). China is spending big to prop up its currency, CNN.
Norman, Jim (2017, April 4). Affordable care act Gains Majority Approval for First Time, Gallup.
Owens, Jeremy C. (2017, January 27). Apple isn’t really sitting on $216 billion in cash, MarketWatch.
Perticone, Joe (2017, October 24). Trump is getting more involved on tax reform as the clock ticks for a Republican legislative win in 2017, Business Insider.
Pjanowski, Jeffrey A. (2017). Without Deference, Missouri Law Review, Vol 81, p.1075
Radnofsky, Louise, Stephanie Armour and Anna Wilde Mathews (2017, October 11). In Start to Unwinding the Health Law, Trump to Ease Insurance Rules, Wall Street Journal.
Roddel, Shannon (2017, February 6). Why the Chevron Deference matters in the Age of Trump, Notre Dame News.
Rothenberg, Stuart (2017, February 20). The GOP’s LongTerm Structural Senate Advantage, Roll Call.
Roy, Avik S. A. (2017, May 4). If the senate doesn’t Fix the House’s Obamacare Replacement, the GOP Will Pay a Steep Price, Forbes.
Roy, Avik S. A. (2016). Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency – Second Edition, The Foundation for Research on Equal Opportunity, Austin, Texas.
Shafer, Jack and Tucker Doherty (2017, May/June). The Media Bubble is Worse Than You Think, Politico.
Smith Allan and Skye Gould (2017, September 30). All the firings, resignations, departures, and job changes from the chaotic first 8 months of the Trump administration, Business Insider.
Spakovsky, Hans A. (2017). Why Trump’s Immigration Order is Legal and Constitutional, National Review.
Wilson, Reid (2016, July 22). Trump Lags Behind Clinton in Campaign Staff, Pollsters, The Hill.
York, Byron (2017, April 12). Donald Trump’s Long March Problem, Washington Examiner.
Administrator Pruitt Issues Directive to End EPA “Sue and Settle” (2017, October 16). EPA Press office.
Can TPP go ahead without America? (2017, May 4). The Economist.
Donald Trump’s Corporate tax plan doesn’t add up (2017, April). The Economist
Federal Register, Vol 82 No. 188 Pages 45421-45678
How Donald Trump thinks about trade (2016, November 9). The Economist.
Key Facts about the Uninsured Population (2017, September 19). The Henry J. Kaiser Family Foundation.
Premiums for the benchmark silver Obamacare plan will soar 37%, on average, for 2018, according to federal data released Monday (2017, October 30). CNN Money.
Pruitt Corrects Course on Obama-Era Water Regulation (2017, June 28). The Editors, National Review Online.
Federal Reserve Bank of New York (2017, February). Quarterly Report on Household Debt and Credit.
Supreme Court Justices Blast EPA For Thwarting Couple From (sic) Building On Protected Wetlands (2012, January 9). Business Insider (and AP).
The 35 Percent Corporate Tax Myth (2017, March). The Institute on Taxation and Economic Policy.
The $272 billion swindle (2014, May 31). The Economist.
The Competitive Enterprise Institute (2016). The Cost of Regulation and Intervention: Ten Thousand Commandments 2016, chapter 1.
What Donald Trump means by fair trade (2017, May 13). The Economist.
