WSJ Opinion Piece: Trump's Economic Vision Superior To Clinton's Ideas

Stephen Moore, a former member of the Wall Street Journal's editorial board and current chief economist for the Heritage Foundation, wrote in a Wall Street Journal opinion piece that Donald Trump's economic vision is superior to Hillary Clinton's vision.

Moore teamed up with Andy Puzder, the CEO of CKE Restaurants, and stated that it is "hard to fathom" how certain business leaders have denounced Trump's economic policies.

The authors stated that since the end of the recent recession, economic growth averaged an "anemic" 2.1 percent and recently slowed to 1.4 percent in the final quarter of 2015 and just 1.1 percent in the first quarter this year.

Trump, they argue, offers an alternative to President Barack Obama's failed economic policies. Specifically, the billionaire real estate titan and entrepreneur is prepared to oversee the biggest pro-growth tax cut since President Reagan's 1981 reform.

Related Link: Facebook Says Board Member Peter Thiel's Support Of Trump "Does Not Represent Our Views"

Trump will also simplify the tax code, reduce marginal rates and enact a 15 percent corporate tax rate that would make it easier for American companies to repatriate earnings and bring oversees cash home.

In addition, Trump's plans to repeal the Affordable Care Act ("ObamaCare") and replace it with a more pro-consumer choice health plan will kill the "fastest growing entitlement program of all."

Finally, Trump's desire to make use of all of America's resources, including oil, natural gas and coal, could make the country the world's number one energy producer within five years and create millions of new jobs and trillions of dollars of extra output.

Of note, Moore and Puzder have signed on as economic advisers to the presumed Republican presidential nominee because they are "confident in the direction he would take the country."

Did you like this article? Could it have been improved? Please email feedback@benzinga.com to let us know!