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Axios Re:Cap

Trump campaign advisor Jason Miller on a second-term economy

Axios Re:Cap

Axios

Daily News, News

4.5705 Ratings

🗓️ 24 August 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

The Republican National Convention kicks off this evening, with plans to lay out an economic vision different from what the Democrats presented last week. Axios Re:Cap speaks with Jason Miller, a senior advisor to the Trump campaign, about where the economy has been, where it's at, and where Trump wants to take it in a second term.

Transcript

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0:00.0

Hi, I'm Dan Primak and welcome to Axios Recap, presented by Facebook. Today is Monday, August 24th.

0:09.0

The Dow is up, Zoom was down, at least for a little while, and we're focused on President Trump's second-term agenda.

0:19.7

The Republican National Convention kicks off this evening, and like the Democrats last week,

0:24.5

it'll be done virtually. Other than that, expect lots of differences in terms of both spectacle

0:30.0

and substance. Specifically, Trump lands spent much of last week criticizing the DNC for being

0:36.7

very light on policy, and then this

0:39.1

morning released a 49-point plan for President Trump's second term. Now, a lot of this is a

0:44.5

wish list and reminiscent of what Trump ran on in 2016, particularly prerogatives like

0:49.5

cutting taxes and regulation, although it obviously also includes pandemic-specific items, including an eyebrow

0:55.6

razor about developing a vaccine by year-end.

0:58.9

The big question now isn't so much what the president wants to sell so much as can he sell it,

1:04.7

particularly in areas like economic growth and jobs.

1:07.6

A lot of what Trump promised there in 2016 simply did not come to pass. For example,

1:13.2

Trump regularly said that the country would achieve at least 4% annual growth and maybe even

1:18.6

higher, and that that growth would more than pay for the 2017 tax cuts. But in the end,

1:24.4

the economy only averaged 2.5% growth during his first three years.

1:28.5

And now, because of COVID, we're in a recession.

1:31.6

So in 15 seconds, we'll dig in to where Trump has helped bring the U.S. economy and where he

1:36.3

wants to help lead it next with campaign senior advisor Jason Miller.

1:40.5

But first, this.

1:45.6

We're joined now by Jason Miller, a senior advisor to the Trump campaign. Jason, there's

1:50.3

this old James Carville line from 1992, It's the Economy Stupid. In this election in 2020,

...

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