None of Trump’s Economic ‘Solutions’ Hold Any Water

Opinion|None of Trump’s Economic ‘Solutions’ Hold Any Water

Ask Donald Trump what he’ll do about any of the nation’s economic problems and he’ll give you one of three answers. He’ll either promise to cut taxes, raise tariffs or deport millions of people. When asked about child care, for example, Trump told the Economic Club of New York that he would raise “trillions” of dollars from new tariffs on virtually every good imported into the United States.

This, of course, shows a fundamental ignorance of how tariffs work as well as the probable impact of a high-tariff regime on most American consumers. (The short story is that, if passed into law, Trump’s tariffs would amount to a large tax hike on most working Americans.) It’s also just not an answer. But that’s normal for the former president.

On Friday, toward the end of a news conference where he attacked E. Jean Carroll — the former journalist who sued Trump, successfully, for damages relating to sexual abuse — Trump told his audience that he would discuss the latest jobs numbers. What followed was a brief rant about “foreigners coming in illegally” who “took the jobs of native-born Americans.”

“And I’ve been telling you that’s what’s going to happen,” said Trump, “because we have millions and millions of people pouring into our country, many from prisons and jails and mental institutions and insane asylums. Traffickers, human traffickers, women traffickers, sex traffickers, which, by the way, that’s the kind of thing that people should be looking at, because it’s horrible.”

Here, I’ll note that it is unclear whether Trump understands that “asylum” in immigration refers to seeking refuge or sanctuary and not, as he seems to think, to the kind of institution that you might find in a Batman movie.

To the extent that Trump had a solution to this imagined problem, it was mass deportation. In fact, mass deportation is his — and his campaign’s — answer to a whole set of policy questions. What, for example, will Trump do about housing costs? Well, his running mate, Senator JD Vance of Ohio, says that they’ll deport 20 million people and that this, somehow, will bring prices down.