Trump Plays Whack-a-Grievance, Makes Society Sane Again, And Tests Received Economic Wisdom

President Trump has a view of economic cause-and-effect that certainly is out of the mainstream. He wants higher tariffs, lower interest rates, and lower prices. He wants income from tips, overtime pay and social security (pensions) to be tax free, and the 2017 tax cuts extended, at a combined revenue loss of some $9 trillion over ten years, and a shrin…