policy lessons

Economic populism is not conservative; it’s inflationary. This week, President Donald Trump floated two insanely bad ideas. The first was once again suggesting the idea of using tariff revenue to issue rebate checks of $2,000. The second was the idea of a 50-year home mortgage.

Once the customer, the American citizen in this case, has grown accustomed to a government service, it is hard, and in many cases unfair, to take it away. And it doesn’t matter if that service provided or right granted is Social Security, Trump-era tax cuts, Affordable Care Act subsidies, or reproductive rights. No one likes having something and then having it taken away.