Lawrence: Donald Trump is proposing the ‘worst economic policy in U.S. history’

MSNBC’s Lawrence O’Donnell explains why Donald Trump’s plan to eliminate the tax code and replace it with tariffs is, as Henry Ford would say, “an economic stupidity.”

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[delir.]

Mr O’Donnell, you are the best reporter.

[thomasa]

Never get tired of LOD calling Trump stupid

[BrianValley-mebg]

Worst idea yet from the worst president ever.

[christophermartin]

When Donald points at his red hats and tells them he doesn’t care about them and just wants their votes— they clap and cheer like circus seals.

[DavidJ]

Question: What does Trump have in common with Herbert Hoover?

Answer: They are the only 2 presidents to leave office with fewer jobs than when they came into office. And they were both Republicans.

Trump left office with the worst jobs record since the great depression.

[jancerny]

Yeah, a guy who managed to steer three casinos into bankruptcy knows just what to do to keep America’s economy humming along.

[kortyEdna]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[Prometheus]

It is very good that Lawrence is talking about this. Because Trump did and said so many insane, unhinged, and criminal things, this is getting little coverage. If Trump was a normal candidate, then Trump wanting to replace income tax with a sales tax would be absolutely huge news. And instantly campaign ending.

[joep]

No ex president in americas history ever been mentioned as much, it's ridiculous. Lock him up and get a life.

[aubreyleonae]

He lied about tariffs and now doubles down on ignorance.

[tomg]

Trump was a sour failure as a president. If sour milk goes bad i don't put it back in the fridge thinking it would get better.

[edithwillis]

Just a reminder, those who choose to ignore the lessons of history condemn themselves to relive it.

[starradelowokan]

To replace our tax code with tariffs is a new level of stupid

[ErikWerlin]

Those who don't study history are doomed to repeat it.

[andrewcrowder]

A couple of immediate effects:
1) WalMart would go out of business.
2) Every country on earth would instantly levy tariffs on U.S. products.
3) Food prices would double

[RuneD]

This is what happens when you elect a guy who filed his businesses for bankruptcy... FOUR times or more.
Truly a great businessman!

[bobbrown]

He did bankrupt his own casino, economics isnt exactly his strong point. The house always wins, except for Donalds house.

[Mickju]

As if we needed another reason not to vote for Trump.

[richsims]

With trump's 30 + felonies he should be serving time and not ruining for president. This how dysfunctional the current gop is.

[JoyJonas]

Biden and his proxies need to clearly explain this to the American people in a very easy to understand way.