Economists For Trump
Economists For Trump
 
 

New Letter In Support of President Trump's Re-election effort (ANNOUNCED october 30, 2020):

Economists In Support of President Trump's Re-Election Effort

We enthusiastically endorse President Trump's re-election efforts on the basis of his track record and continued economic policy agenda. 

Prior to 2020, the President's pro-growth economic policy agenda included regulatory reform and tax reform that among other changes reduced the federal corporate tax rate to 21%. We believe this meaningfully contributed to accelerate GDP growth and historically low unemployment which fell the the lowest level in half a century. Wage growth also picked up during this period for the first time in decades and 2019 saw the largest single-year percentage gain in median household income on record (a 6.8% increase) to $68,700. These economic gains have been widely shared across-the-board for Americans. 

While the COVID-19 pandemic, which originated from overseas, resulted in an economic contraction during the first half of 2020, we believe that the significant 2020 third quarter GDP growth figure reflects the President's commendable efforts at promoting a robust recovery.

We believe that Vice President Joe Biden's proposals to add regulations and raise taxes amid an economic contraction, namely raise the federal corporate tax rate to 28% from 21%, will meaningfully hinder the economic recovery and slow the process of Americans getting back to work.

We believe that President Trump presents the best choice in the 2020 Presidential election for a strong economic recovery and shared prosperity over the next four years.

Signatories:

  • Richard Agnello, Ph.D., University of Delaware

  • Marjorie Baldwin, Ph.D., Arizona State University

  • Charles F. Beauchamp, Ph.D., Mississippi College

  • Sanjai Bhagat, Ph.D., University of Colorado

  • Michael Bond, Ph.D., University of Arizona

  • Lawrence Brunner, Ph.D., Central Michigan University

  • Don Chance, Ph.D., Louisiana State University

  • Michael Cosgrove, Ph.D., University of Dallas

  • Allan DeSerpa, Ph.D., Arizona State University

  • Robert DeYoung, Ph.D., University of Kansas

  • Christopher Duquette, Ph.D., UC-Davis

  • Gary L. French, Ph.D., Nathan Associates Inc.

  • Richard J. Grant, Ph.D., Cumberland University

  • Earl Grinols, Ph.D., Baylor University

  • Paul Gregory, Ph.D., University of Houston (emeritus)

  • Kevin Hassett, Ph.D., Stanford University Hoover Institution and former Chair, White House Council of Economic Advisers

  • Arthur Havenner, Ph.D., University of California, Davis (Emeritus)

  • Daniel Heath, Georgetown University Law Center

  • Scott Hein, Ph.D., Texas Tech University (Emeritus)

  • Forrest E. Huffman, Ph.D., Temple University (Emeritus)

  • Ed Ireland, Ph.D., Texas Christian University

  • Thomas R. Ireland, Ph.D., University of Missouri (emeritus)

  • Jason P. Imbrogno, Ph.D., University of North Alabama

  • F. Owen Irvine, Ph.D., Michigan State University (Emeritus)

  • John D. Johnson, Ph.D, Utah State University

  • Christos Makridis, Ph.D., Arizona State University

  • Douglas R Kahl, Ph.D., University of Akron (Emeritus)

  • Alexander Katkov, Ph.D., Johnson & Wales University

  • Lewis B Kilbourne, Ph.D., Louisiana State University

  • Richard Kilmer, Ph.D., University of Florida (Emeritus)

  • Arthur B. Laffer, Ph.D., Laffer Associates

  • George Langelett, Ph.D., South Dakota State University

  • Bruce R. Lippke, Ph.D, University of Washington (Emeritus)

  • John R Lott, Jr., Ph.D., Crime Prevention Research Center (on leave)

  • Tim Loughran, Ph.D., University of Notre Dame

  • Donald Luskin, TrendMacro

  • Keith D. Malone, Ph.D., University of North Alabama

  • Yuri N. Maltsev, PhD, Carthage College

  • Steven C. Michael, Ph.D., University of Illinois at Urbana-Champaign

  • Robert D. Niehaus, Ph.D., Robert D. Niehaus, Inc.

  • Richard A. Palfin, Ph.D., Economic Analysis

  • Barry Poulson, Ph.D., University of Colorado Boulder

  • R. L. Promboin, Ph.D., University of Maryland University College (former)

  • Andy Puzder, J.D., Senior Fellow, Pepperdine University School of Public Policy and former CEO, CKE Restaurants

  • Timothy P. Roth, Ph.D., University of Texas at El Paso

  • Paul H. Rubin, Ph.D., Emory University (emeritus)

  • John Ruggiero, Ph.D., University of Dayton

  • Ann E. Sherman, Ph.D., DePaul University

  • Robert F. Stauffer, Ph.D., Roanoke College (Emeritus)

  • Robert Tamura, Ph.D., Clemson University

  • Hrishikesh Vinod, Ph.D., Fordham University

  • Leon Wegge, Ph.D., University of California, Davis (Emeritus)

  • J. Gregg Whittaker, Ph.D., Archos Capital Partners

A Letter By Over 100 EConomists In Support of President Trump's Economic Policy Agenda (ANNOUNCED ON MAY 11, 2018):

Economists In Support of President Trump's Economic Policy Agenda

We enthusiastically endorse President Trump's economic agenda to create jobs and restore economic growth.

We believe the President's Tax Cuts and Jobs Act (TCJA), which lowered the corporate income marginal tax rate from 35% (previously the highest rate among OECD countries) to 21% and provides individual income tax relief for tens of millions of middle-class Americans, will bolster economic growth, wage growth and job growth both in the short-term and long-run. 

We commend the President's record setting reduction in the number of new federal statutes and his administration's efforts to adopt a regulatory budget. We believe this will have a significantly positive impact on economic growth by providing relief to businesses that previously were hampered by unnecessary regulations set forth by previous administrations.

We believe that reciprocal free trade with lower trade barriers on all sides produces higher overall economic growth and hope that the President's efforts to negotiate better trade deals, including willingness to re-enter the Trans Pacific Partnership (TPP), will bring about a stronger long-run free trade equilibrium by reducing trade barriers and opening markets that were previously closed to American businesses.

We hope that Chinese President Xi's stated willingness to reduce China's 25% auto tariff will be honored and is an early sign that President Trump's negotiations to promote trade are working.

The combination of a more competitive tax environment, fewer burdensome regulations, and negotiations to lower overall trade barriers has already played a role in improving consumer sentiment, business sentiment and the economic growth trajectory of the economy since the beginning of 2017. 

The Congressional Budget Office (CBO) now estimates that U.S. real GDP will grow above 3.0% in 2018 which we believe is another bellwether of an improved outlook on economic growth, in part resulting from the President's pro-growth economic policy agenda.

We reject the notion that the economic stagnation realized since the 2007-2009 recession is the best our economy can generate. Reversing the poor economic policies of the previous administration will once again unleash the economic potential of the most productive, innovative economy in the world.

We believe that the President's economic policy efforts are a strong step in the right direction to restore long-run economic growth and opportunity for all Americans.

Signatories (100):

  • Zoltan Acs, Ph.D., George Mason University

  • Richard Agnello, Ph.D., University of Delaware

  • Charles W. Baird, Ph.D., California State University, East Bay

  • Marjorie Baldwin, Ph.D., Arizona State University

  • Robert Battalio, Ph.D., University of Notre Dame

  • Sanjai Bhagat, Ph.D., University of Colorado

  • Michael Bond, Ph.D., University of Arizona

  • Fred Bounds, Georgia State University

  • Lawrence Brunner, Ph.D., Central Michigan University

  • William Butos, Ph.D., Trinity College

  • Charles Calomiris, Ph.D., Columbia University

  • Richard J. Cebula, Ph.D., Jacksonville University

  • K. C. Chen, Ph.D., California State University, Fresno

  • Michael Cosgrove, Ph.D., University of Dallas

  • Eleanor Craig, Ph.D., University of Delaware

  • Ward S. Curran, PhD, Trinity College (Emeritus)

  • Allan DeSerpa, Ph.D., Arizona State University

  • Robert DeYoung, Ph.D., University of Kansas

  • Floyd H. Duncan, Ph.D., Virginia Military Institute (Emeritus)

  • Christopher Duquette, Ph.D., UC-Davis

  • Frank Falero, Ph.D., California State University (Emeritus)

  • Ralph Frasca, Ph.D., University of Dayton

  • Douglas C. Frechtling, Ph.D., George Washington University (Emeritus)

  • Gary L. French, Ph.D., Nathan Associates Inc.

  • Moheb Ghali, Ph.D., Western Washington University (Emeritus)

  • J. Edward Graham, Ph.D., University of North Carolina, Wilmington

  • Richard J. Grant, Ph.D., Cumberland University

  • Anthony J. Greco, Ph.D., University of Louisiana-Lafayette

  • Kenneth V. Greene, Ph.D., Binghamton University (Emeritus)

  • Earl Grinols, Ph.D., Baylor University

  • Gerald A. Hanweck, Ph.D., George Mason University

  • John A. Haslem, Ph.D., University of Maryland

  • Arthur Havenner, Ph.D., University of California, Davis (Emeritus)

  • Daniel Heath, Georgetown University Law Center

  • Aaron Hedlund, Ph.D., University of Missouri

  • Scott Hein, Ph.D., Texas Tech University (Emeritus)

  • John Helmuth, Ph.D., University of Michigan, Flint

  • Jesse Hoyt Hill, Ed.D., Tarrant County College

  • Forrest E. Huffman, Ph.D., Temple University (Emeritus)

  • Jason P. Imbrogno, Ph.D., University of North Alabama

  • Ed Ireland, Ph.D., Texas Christian University

  • F. Owen Irvine, Ph.D., Michigan State University (Emeritus)

  • John D. Johnson, Ph.D, Utah State University

  • Douglas R Kahl, Ph.D. University of Akron (Emeritus)

  • Tim Kane, Ph.D., Stanford (Former)

  • Alexander Katkov, Ph.D., Johnson & Wales University

  • Barry Keating, Ph.D., University of Notre Dame

  • Richard Kilmer, Ph.D., University of Florida (Emeritus)

  • Arthur B. Laffer, Ph.D., Laffer Associates

  • George Langelett, Ph.D., South Dakota State University

  • Norman Lefton, Ph.D., Southern Illinois University, Edwardsville

  • John R Lott, Jr., Ph.D., Crime Prevention Research Center

  • Tim Loughran, Ph.D., University of Notre Dame

  • Don Chance, Louisiana State University

  • Donald Luskin, TrendMacro

  • Keith D. Malone, Ph.D., University of North Alabama

  • Yuri N. Maltsev, PhD, Carthage College

  • Paul Mason, McMurry University

  • Thomas H. Mayor, Ph.D., University of Houston (Emeritus)

  • William McKillop, Ph.D., University of California, Berkeley (Emeritus)

  • Roger Meiners, Ph.D., University of Texas-Arlington

  • Steven C. Michael, Ph.D., University of Illinois at Urbana-Champaign

  • James D. Miller, Ph.D., Smith College

  • Chandra Mishra, Ph.D., Florida Atlantic University

  • Robert D. Niehaus, Ph.D., Robert D. Niehaus, Inc.

  • James B. O’Neill, Ph.D., University of Delaware (Emeritus)

  • Lydia Ortega, Ph.D., San Jose State University

  • Dale Osborne, Ph.D., University of Texas, Dallas (Emeritus)

  • Richard A. Palfin, Ph.D., Economic Analysis

  • Judd W. Patton Ph.D., Bellevue University (Emeritus)

  • Barry Poulson, Ph.D., University of Colorado Boulder

  • R. L. Promboin, Ph.D., University of Maryland University College (former)

  • Christine P. Ries, Ph.D, Georgia Institute of Technology

  • Diana Furchgott-Roth, Fmr Chief Economist, US Department of Labor

  • Timothy P. Roth, Ph.D., University of Texas at El Paso

  • Paul H. Rubin, Ph.D., Emory University (emeritus)

  • John Ruggiero, Ph.D., University of Dayton

  • Philip Rushing, Ph.D., University of Illinois (Retired)

  • Joseph T. Salerno, Ph.D., Pace University

  • Anthony B. Sanders, Ph.D., George Mason University

  • Robert Sauer, Ph.D., Royal Holloway University

  • Barry J. Seldon, The University of Texas at Dallas (retired)

  • Ann E. Sherman, Ph.D., DePaul University

  • James F. Smith, Ph.D., EconForecaster LLC

  • Richard L. Smith, Ph.D., University of California, Riverside

  • Robert F Stauffer, Ph.D., Roanoke College (Emeritus)

  • Thomas Martin Stoker, Ph.D., Massachusetts Institute of Technology (Emeritus)

  • Robert Tamura, Ph.D., Clemson University

  • T. Craig Tapley, D.B.A., University of Florida

  • Mark Thornton, Ph.D., Mises Institute

  • David G. Tuerck, Ph.D., Suffolk University

  • T.. Norman Van Cott, Ph.D., Ball State University (Emeritus)

  • Hrishikesh Vinod, Ph.D., Fordham University

  • Donald A Walker, Ph.D., Indiana University of Pennsylvania

  • Leon Wegge, Ph.D., University of California, Davis (Emeritus)

  • J. Gregg Whittaker, Ph.D., William Jewell College

  • Gene C. Wunder, PhD, Washburn University (Emeritus)

  • Mokhlis Zaki, Ph.D., Northern Michigan University (Emeritus)

  • John Zdanowicz, Ph.D. Florida International University

  • Jerold L. Zimmerman, Ph.D., University of Rochester