Trumponomics Easily Beats Kamalanomics

Yes, let’s go back to the economy under the Trump Administration.

The purpose of economic policy is to provide price stability, economic growth and full employment with the outcome resulting in a higher standard of living for Americans. One policy is clearly much better than the other.

Price Stability

Kamala wants to reduce the inflation problem by simply saying it will be illegal to raise prices above what someone in government sets as a limit. The basis for this is that Kamala believes that the severe inflation problem is primarily due to corporate greed and price gouging. Unfortunately, when artificial limits are placed on prices, the results are always shortages of the products and often rationing.

In 1971, this is exactly what happened when President Nixon imposed price controls. Worse yet, after the price controls were lifted, prices soared.

She will also work to lower prices on much needed drugs, like insulin, by negotiating with drug producers. And she wants to give every family a $6,000 tax credit when they have a new child.

Trump recognizes that energy, when considered in total, accounts for about 30% of the Consumer Price Index. To reduce this cost and bring prices down, Trump will vastly increase the production of energy. The increased…