• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance Economic Policies

‘This. Will. Not. End. Well’: George Will slams Trump’s ‘fanciful assumptions’ on economy todayheadline

April 4, 2025
in Economic Policies
Reading Time: 2 mins read
A A
0
'This. Will. Not. End. Well': George Will slams Trump’s 'fanciful assumptions' on economy
4
SHARES
9
VIEWS
Share on FacebookShare on Twitter

When President Donald Trump detailed his far-reaching tariff plans on Wednesday, April 2 — the day he touted as “Libertarian Day” — much of the criticism came from Democrats. But some Never Trump conservatives are speaking out as well, from MSNBC host Joe Scarborough to former GOP strategist/consultant Stuart Stevens. And Trump critics on both the left and the right are warning that his new tariffs will make a variety of goods much more expensive without yielding the economic boom that Trump is promising.

Another Never Trumper who is vehemently critical of Trump’s tariffs is veteran Washington Post columnist George F. Will. In his April 4 column, however, Will emphasizes that tariffs are only one of the reasons why Trump is problematic on the economy.

“Donald Trump’s economic agenda, from taxes to tariffs — which are themselves taxes — is variable because he believes in the immediate translation of whims into policy proposals, without an intervening pause for study,” the 83-year-old Will argues. “His conversation with a Las Vegas waitress quickly became his proposal to end taxation on tips. Commerce Secretary Howard Lutnick says Trump suddenly favors eliminating ‘taxes’ on people making less than $150,000 a year — in 2022, about 93 percent of Americans 15 and over.”

READ MORE: How Trump’s economic policies imperil the ‘far-right parties’ he claims to support

Will adds, “Progressives want income taxation to be more progressive so the wealthy will pay ‘their fair share.’ Trump is more progressive still, wanting the wealthy to pay everyone else’s share, too.”

Trump’s economic agenda, according to Will, fails to take into account the size of the United States’ federal deficit.

“As, second by second, the government borrows substantial sums to pay interest on the money it has borrowed, remember: The national debt was $20 trillion when Donald Trump began his first administration, having vowed to eliminate the debt in eight years,” Will writes. “It was $28 trillion when Joe Biden’s presidency began. As Maya MacGuineas at the Committee for a Responsible Federal Budget notes, it reached $32 trillion on June 15, 2023; $33 trillion 92 days later; $34 trillion 105 days after that; $35 trillion in another 210 days; and $36 trillion in another 118. It will reach $37 trillion after Congress raises the debt ceiling sometime this summer.”

The longtime Post columnist adds, “All of these numbers reflect the optimistic, perhaps fanciful assumptions that the post-‘Liberation Day’ economy does not sag into a recession. In any case: This. Will. Not. End. Well.”

READ MORE: How Mike Johnson’s behavior exposes GOP push to ‘force women out of public life’: analysis

George Will’s full column is available at this link (subscription required).

Tags: assumptionseconomyfancifulGeorgeslamstodayheadlineTrumps
Previous Post

The Kakeya Conjecture, a Decades-Old Math Problem, Is Solved in Three Dimensions todayheadline

Next Post

Is Your Small Business Actually Ready to Adopt AI? todayheadline

Related Posts

Trump tariffs re-instated until appeal heard todayheadline

May 30, 2025
4
ET logo

Dodgers acquire All-Star closer Alexis Díaz from the Reds as the Bullpen struggles todayheadline

May 30, 2025
8
Next Post

Is Your Small Business Actually Ready to Adopt AI? todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Five Mexican musicians abducted, murdered by alleged drug cartel

Five Mexican musicians abducted, murdered by alleged drug cartel

May 30, 2025
Jays score six runs in ninth of 8-7 win over Bosox

Toronto offence takes flight in rout of Athletics

May 30, 2025

Abu Dhabi’s data centre industry power investments to exceed $10.08bln: TAQA CEO

May 30, 2025
Databricks

Indy 500: Behind the Broadcast w/ Will Buxton, Townsend Bell, & James Hinchcliffe | Ep. 4

May 30, 2025

Recent News

Five Mexican musicians abducted, murdered by alleged drug cartel

Five Mexican musicians abducted, murdered by alleged drug cartel

May 30, 2025
0
Jays score six runs in ninth of 8-7 win over Bosox

Toronto offence takes flight in rout of Athletics

May 30, 2025
3

Abu Dhabi’s data centre industry power investments to exceed $10.08bln: TAQA CEO

May 30, 2025
4
Databricks

Indy 500: Behind the Broadcast w/ Will Buxton, Townsend Bell, & James Hinchcliffe | Ep. 4

May 30, 2025
5

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Jays score six runs in ninth of 8-7 win over Bosox

Toronto offence takes flight in rout of Athletics

May 30, 2025

Abu Dhabi’s data centre industry power investments to exceed $10.08bln: TAQA CEO

May 30, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co