Economist Robert Reich said Donald Trump’s economic policy speech in Detroit on Monday represented a policy shift — albeit a dubious one.
“What this represents is a walk-back from sheer lunacy — the sheer economic lunacy of the original Donald Trump plan — to the normal garden-variety nonsense of Republican supply-side economics,” the former labor secretary told MSNBC host Chris Hayes.
While Trump promised that his plan — which involved cutting the estate tax, among other proposals — would “those who have the very least,” Reich argued that it actually followed through on the conservative tradition of hiding benefits for the rich inside ostensibly populist rhetoric.
“Like the benefit for child care: it looks good on the surface, until you actually look at the details, and it’s a big giveaway for the rich,” he argued.
Reich’s fellow economist, Daily Beast columnist David Cay Johnston, explained that Trump’s promise to deliver “unlimited deductions” for child care expenses also stood to benefit the rich more than the middle class.
“If you’re rich enough to have three nannies for your kids, when you fly them around on your private jet, you get a tax break,” Johnson said.
Watch the discussion, as aired on Monday, below.
Trump campaign in danger of having lawsuits thrown out over unpaid legal bills: report
According to a report from Politico, Donald Trump's cash-strapped campaign is frantically attempting to collect settlements in legal disputes because it needs the money to fund other lawsuits that are in danger of being dismissed.
Noting that the campaign of the embattled president is pressing Omarosa Manigault Newman to make a delinquent $52,000 payment for writing an unauthorized book about White House doings, the report explains the money is desperately needed.
‘Women didn’t like that’: Fox News host grills GOP chairwoman after Trump interrupts ‘145 times’ at debate
Fox News host Sandra Smith pressed Republican National Committee chairwoman Ronna Romney McDaniel on Thursday over the idea that President Donald Trump could be punished with a "mute button" after he repeatedly interrupted Democratic candidate Joe Biden at Tuesday's presidential debate.
During an interview on Fox News, Smith noted that the Commission on Presidential Debates is considering changing the rules due to the constant interruptions at the first debate between Biden and Trump.
"At any point when you were watching the debate, did you wish that perhaps President Trump didn't jump in there as much as he did?" Smith wondered.
Rod Rosenstein secretly crippled the Mueller investigation: report
According to a report from the New York Times, former Deputy Attorney General Rod Rosenstein had a hand in limiting the scope of special counsel Robert Mueller's investigation into ties between Donald Trump's 2016 campaign and the Russians by secretly curtailing an FBI counterintelligence probe.
The report from Michael Schmidt of the Times begins by stating, "The Justice Department secretly took steps in 2017 to narrow the investigation into Russian election interference and any links to the Trump campaign, according to former law enforcement officials," before adding, "But law enforcement officials never fully investigated Mr. Trump’s own relationship with Russia, even though some career F.B.I. counterintelligence investigators thought his ties posed such a national security threat that they took the extraordinary step of opening an inquiry into them."