Donald Trump's economic plan holds "amazing potential" for America and will generate tremendous growth, Trump economic adviser Stephen Moore told Newsmax TV.
Trump also will implement his business tax cut plan and an economic stimulus.
"You get those rates down to 15 percent for 26.5 million businesses, you know that's going to generate growth," the Newsmax Finance Insider said on "The Steve Malzberg Show."
"We have an amazing potential to become the No. 1 energy producer of the world, and I'm not talking about building 500 million solar panels. . . . We are going to produce our oil and gas, and I want Donald Trump . . . to put those coal miners back to work," Moore predicted.
See Steve Malzberg on Newsmax TV: Tune in beginning at 7 PM EDT to see "The Steve Malzberg Show" — on FiOS 615, YouTube Livestream, Newsmax TV App from any smartphone, NewsmaxTV.com, Roku, Amazon Fire — More Systems Here
Moore also said the election of Trump shows the Republican Party is now the party of the working class since Democrats have abandoned them. "I think that this is a bit of a realignment of the Republican Party," he said. "The Republicans are now the ones who represent working-class Americans."
When Democratic nominee Hillary Clinton called Trump supporters "deplorables, racist, sexist, homophobes, that's how liberals believe about Middle America," Moore said. "You know what, Middle America understood it, and they said these people hold us in contempt. I think they paid a high price for it."
Moore said Trump will spend his first 100 days overturning many of President Barack Obama's controversial executive orders, much as Ronald Reagan did when he assumed office from Jimmy Carter.
Stephen Moore is a distinguished visiting fellow at The Heritage Foundation, economics contributor to FreedomWorks and author of "Who's the Fairest of Them All?" To find out more about Stephen Moore and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com.
Related Stories:
© 2023 Newsmax Finance. All rights reserved.