Commentary: Democrats are coming unhinged over the Trump economy

What a remarkable contrast: President Donald Trump was in command at Davos talking about economic growth and prosperity, while House Minority Leader Nancy Pelosi, D-Calif., and disgraced former Democratic National Committee Chairwoman Debbie Wasserman Schultz, D-Fla.. were babbling and belittling thousand-dollar bonuses and increased take-home pay for American workers.

Specifically, in case you missed it, Wasserman Schultz actually said she is “not sure that $1,000 … goes very far for almost anyone.” And Pelosi, who described a $40-per-paycheck Obama-era tax cut as a “victory for America,” said thousand-dollar bonuses are just “crumbs.”

These comments are gifts that will keep on giving. I can imagine the campaign ads this fall that will feature their quotes. But Wasserman Schultz and Pelosi are just the tip of the iceberg. Democrats are coming unhinged over the Trump economy.

At first glance, I thought reports saying Democrats had ridiculed thousand-dollar bonuses brought about by the Republican tax cuts were from the Onion. But they aren’t. Democrats are flustered and can’t deal with Trump’s economic success. When is the last time Democrats had a plan for anybody to get a $1,000 raise from the private sector without compelling an employer to just hand it over? Maybe they planned for more food stamps, but never to unleash the private economy and power of profits.

The esteemed Larry Summers seems nostalgic for the low-growth Obama years. Writing in The Washington Post on Jan. 25, Summers claims that “while Trump will probably try to take credit for all the economic good news, it is unlikely that he deserves it.” Summers is right — up to a point. President Barack Obama’s economy did produce stabilization after a traumatic recession.

But it’s Trump’s pro-business policies and attitude that have turbocharged the economy. Trump and Republicans in Congress are responsible for the economic boost that at least 3 million Americans and counting are receiving in the form of tax-reform bonuses. Not Obama, not the Democrats.

Summers implies that Trump’s “populist nationalism eventually produces bad economic results, leading to more pressures for anti-establishment leadership and extreme policies.” I guess “eventually” can’t get here quick enough to suit liberals. And oh, by the way, the crowd of pro-growth, business-minded participants at the World Economic Forum in Davos would probably beg to differ with Summers. I am writing from Davos, and Trump’s presence gave the entire conference an energy and buzz of positive excitement.

But don’t just take my word for it. According to CNN Money’s Alanna Petroff, “Davos loves the Trump tax cuts.” The business leaders here are upbeat to say the least, and the political leaders can barely contain their secret yearning for Trumpian economics to come their way.

With that said, Trump’s finale speech was pretty low-key. But by any measure, his visit to Davos was a solid success. I hope he attends Davos every year that he is president. The World Economic Forum is a venue that suits him.

The president didn’t come out guns blazing, as many thought he would. Instead, he offered reassuring language and a measured tone. Maybe Trump without former chief White House strategist Stephen Bannon really is different. Maybe that is what the Democrats fear most.

Anyway, the midterm elections are headed toward a contest of anti-Trump, pro-impeachment Democrats vs. Republicans who are leading a booming economy. It will be interesting to see how the Democrats’ message will evolve away from the Pelosi/Wasserman Schultz comments and toward a message that promises to not take away what Trump’s policies have produced.

Reader Comments ...

Next Up in Opinion

Opinion: Hamas, Netanyahu and Mother Nature

Princess Diana once famously observed that there were three people in her marriage, “so it was a bit crowded.” The same is true of Israelis and Palestinians. The third person in their marriage is Mother Nature — and she’ll batter both of them if they do not come to their senses. Let’s start with Hamas, the Palestinian...
Opinion: The Mississippi man tried 6 times for the same crime

One morning nearly 22 years ago, four employees of a furniture store in a small Mississippi town were shot to death. For months afterward, local law enforcement seemed stumped by the crime. Eventually, the top prosecutor — Doug Evans — charged a former store employee, Curtis Flowers, a black man who had no criminal record. The case since...
Opinion: A royal fantasy

You can have your royal wedding, your princess bride, your pomp and your circumstance. For a real love story, I’m going with Thomas Markle. As in the father of Meghan Markle, former actress and now bride of Prince Harry. Last week, in anticipation of Saturday’s royal wedding, tabloid history surpassed itself while “fake news&rdquo...
POINT OF VIEW: Development must balances desires, needs of many
POINT OF VIEW: Development must balances desires, needs of many

There is a lot of misinformation being put out in the community about South Dixie Highway and West Palm Beach’s Mobility Plan. These two issues are separate, yet connected. During the past 18 years, communities and businesses that abut the South Dixie Corridor have been united toward a common purpose. This loose coalition of citizens has given...
Commentary: Plastic bans won’t solve ocean plastic problem
Commentary: Plastic bans won’t solve ocean plastic problem

Proposed “solutions” to mounting plastic waste in the ocean continue to border on the absurd — suggesting that banning straws, bags and other consumer products offers an answer. While these policies might make good political sound bites, they are unlikely to solve anything and they divert attention away from real solutions. Plastics...
More Stories