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This MPR article highlights what happens when politicians dabble in economics.

The article starts by interviewing a couple of business owners about the effect that the Trump/GOP tax cuts have had. Ultra Machining president Eric Gibson told MPR that he’s happy for the tax cuts, saying “From a business owner perspective, we’ve got a lot of great things going on right now. From a tax perspective, as an example, a lot of what we can reinvest in the business is from those tax reductions.”

At Yeager Machine in Norwood Young America, company president Mike Yeager said “I like what the Republicans and President Trump have done for me personally and my business. I will vote for people that support the current administration’s policies.”

Rather than listening to her constituents, Tina Smith thinks that she knows better, saying this:

“It doesn’t feel like a difficult position to me.” Smith said she would not have voted for the bill because it showers wealthy people with tax breaks at the expense of the middle class and will add more than a trillion dollars to the national debt.

“It’s not like that money was sitting in a bank somewhere waiting to be passed out. That’s money that we borrowed from our children and our grandchildren. I do not think that’s responsible.” Smith said increasing investment in workforce training and innovation would help more people get ahead.

How stupid is that? Tina Smith wants the government to “invest” our taxes in government workers because … government has such a great track record of “workforce training and innovation”? Let’s get a little serious. Then there’s this:

President Trump inherited a growing economy, and the tax cut has helped sustain the growth, said College of Saint Benedict and Saint John’s University economics professor Louis Johnston.

Technically, the economy was growing but it was the worst growth rate during a recovery in 75 years. The average annual growth rate during the Obama years was 1.9%. That’s pathetic. Since President Trump got rid of President Obama’s policies, the economy has been growing at a 4% average annual growth rate.

Republican Karin Housley (right) is a big fan of the Republican tax cut and is convinced that campaigning on it will help her win. Democrat Tina Smith said she’s not a fan because it showers wealthy people with tax breaks at the expense of the middle class. Mark Zdechlik | MPR News
Also, wages are rising during the Trump administration. They were stagnant during the Obama administration. Finally, small business confidence, which had been trending downward during President Obama’s second term, are skyrocketing under President Trump’s administration.

This is why leftists like Tina Smith and Prof. Johnston aren’t qualified to be economists.

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