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Trump's Real Problem

July 22, 2015 in Economics

By David Boaz

David Boaz

Donald Trump has shot to the top of Republican presidential polls on the strength of his celebrity and his bombastic talk.

Elites on all sides of the political spectrum — liberals, conservatives, and libertarians — are horrified by his ranting about Mexican “rapists.” And he may have shot himself in the foot with his comments about Senator John McCain. But his poll numbers are still up there.

Some voters like his tough talk about illegal immigration. But I think more just prefer businessmen to politicians. Nineteen percent voted for billionaire Ross Perot in 1992, against George Bush and Bill Clinton, even after Perot temporarily withdrew from the race on the very odd grounds that the Bush campaign was trying to disrupt his daughter’s wedding.

Voters sense that businesspeople deal in reality, not rhetoric. They get things done. That’s why there’s always a yearning from someone from outside politics to come in and clean up government.

Unfortunately, just because a businessman understands making deals and building hotels doesn’t mean he understands economics.”

The website ThinkProgress talked to three Trump voters at the Family Leadership Summit in Iowa, all of whom emphasized that point. “I just think we need a business man to run the country like a business,” Jim Nelle, a small business owner from Winterset, Iowa, said. David Brown, a farmer and investor from New Virginia, Iowa, noted, “We’re not broke, we’re $19 trillion past broke and I believe that he has the business acumen and wisdom to bring the nation back.” And Bill Raine of New Hampton put it simply: “He’s a businessman, he’s not a politician.”

Unfortunately, just because a businessman understands making deals and building hotels doesn’t mean he understands economics. Trump is definitely an example of that.

What he’s really offering is a mixture of nationalism and protectionist economics along with the promise that he’s the guy, the man on a white horse, who can ride into Washington and fix the mess. He dismisses politicians, other candidates, and American negotiators as “stupid people,” “incompetent people,” and “losers.” He boasts of his wealth and promises that he would “kick [the] ass” of El Chapo, the Mexican drug cartel leader who escaped from prison.

Look at his major issues. He’s been barnstorming the country talking about crime by Mexican immigrants, starting with his claim in his announcement speech that “they’re bringing drugs, they’re bringing crime, they’re rapists.” But there’s no evidence for this. Immigrants are about …read more

Source: OP-EDS

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