The Economics of Donald Trump: Domestic Policy

The video analyzes President Trump's economic policies, focusing on tax reforms and their impact on the U.S. economy. It discusses the reduction of tax rates, efforts to curb offshoring, and the resulting economic indicators like stock market growth and unemployment rates. The video also critiques the timing of these policies during an economic boom, highlighting potential risks such as increased government debt and wealth inequality.

What is the primary focus of the video regarding Trump's policies?

• His foreign policies

• His healthcare policies

• His economic policies

• His environmental policies

Which major domestic policy did Trump attempt to repeal?

• The Tax Cuts and Jobs Act

• The Medicare Act

• The Social Security Act

• The Affordable Care Act

What was a key feature of Trump's tax reform plan?

• Increasing corporate tax rates

• Reducing top-end tax rates for individuals

• Raising tariffs on imports

• Eliminating estate taxes

How did Trump's tax reform plan aim to impact multinational corporations?

• By providing subsidies for international expansion

• By discouraging offshoring of profits

• By increasing their tax rates

• By encouraging them to move operations overseas

What was one of the successes attributed to Trump's tax policy?

• A decline in labor force participation

• A rise in GDP growth

• An increase in unemployment rates

• A decrease in stock market levels

What is a potential risk of the tax cuts during economic booms?

• Crippling government debt

• Reduced wealth inequality

• Increased government savings

• Decreased economic growth

What issue is linked to lowering tax rates for wealthy Americans?

• Increased economic equality

• Decreased government revenue

• Decreased wealth inequality

• Increased wealth inequality