“If the Trump administration has one overarching goal, it’s to Make America Great Again. But what does this mean? It means we are promoting MAGAnomics—and that means sustained 3% economic growth” wrote Mick Mulvaney, director of the Office of Management and Budget, in the Wall Street Journal recently.
Experts from The Heritage Foundation have been working alongside Mulvaney to ensure that this goal is reached.
Mike Needham, Heritage Action’s CEO, Salim Furth, Heritage’s macroeconomics research fellow, and Steve Moore, Heritage’s Institute for Economic Freedom distinguished visiting fellow, are part of a working group that is reviewing and analyzing Trump’s MAGAnomics plan for economic prosperity.
Mulvaney recently stated that the focus of MAGAnomics is to “Grow the economy and with it the wealth of, and opportunity for, all Americans.”
“It does that by focusing on fundamental principles that made the U.S. economy the greatest engine of prosperity in the history of the planet,” said Mulvaney.
Furth, Moore and Needham helped to narrow the focus and call out the right fundamental principles for MAGAnomics, so that the policy is achievable. Some of these issues include tax reform, regulation reduction, free trade, welfare reform and energy production.
“Having the opportunity to impact the Trump Administration’s economic policy through its MAGAnomics working group is a tremendous opportunity. Our experts are ready to contribute readymade, pro-growth proposals that will help MAGAnomics be successful,” said Jack Spencer, vice president of Heritage’s Institute for Economic Freedom.