The Republican party, led by President Trump, has decided that growth is no longer a priority. This is evident in the president’s trade war, the minimal opposition among Republican members of Congress, and the seemingly endless supply of bad policy ideas that will do little to support growth.
In the years leading up to the global pandemic, the US economy was on the upswing. Growth had strengthened, and unemployment rates were bottoming out. The right mix of deregulation and tax reform alon