Trump’s economy win

In his Aug 6 article, “Steve Bannon’s boost to Europe’s far right parties”, John Lloyd attempted to do what no reasonable economist ever would: credit former US President Barack Obama as largely responsible for the US’ now “booming economy”.

But in the same edition, there was a report by AFP which outlined the disastrous record of Tesla Motorcars in Norway. Consumers are waiting 13 months for repairs, cannot even park in a normal parking lot, and one claims his car only ran correctly for four out of 242 days — an atrocious 1.6% reliability rating. The reason why Tesla has been a disaster for Norway is the same reason why Mr Obama presided over the weakest economic recovery in modern American history — state control of markets. The Norwegian state is intervening in the free market by demanding that Norwegians use the government’s car-of-choice due to global warming concerns and, just as in the USSR, there are nothing but delays, breakdowns, and very unhappy customers.

Mr Obama attempted to revive the American economy by increasing state control by intervening in free markets. Yet, just as in Norway, it didn’t work. The real reason why the American economy is booming is because President Trump has discontinued intervening in free markets, lowered taxes, increased consumer choice, and withdrawn government from the hands of industry.

JASON A JELLISON