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Hey. We voters are a lot smarter than the candidates seem to think! At least Trump is campaigning on prosperity. That said, as I pointed out here Trump's proposed tax "reform" has been neutrally scored by the Tax Foundation as a $10T deficit bomb (and skewed toward the wealthy). Hello Tea Party?
As to his monetary policy, as I pointed out here, Mr. Trump criticized Fed Chair Janet Yellen before she raised the discount rate for failing to raise interest rates while, in the next breath, claiming that raising interest rates was a recipe for "a recession-slash-depression." Come in, Houston: Whiskey Tango Foxtrot?
Meanwhile, Cruz's proposal to replace the tax code with a 10% flat tax (with ample exemptions for working families), coupled with a Business Transfer Tax, has been scored by the neutral Tax Foundation as close to deficit neutral and beneficial to every level of worker, from us Gilligans to the Thurston Howell IIIs (and Loveys), across-the-board. Very Reaganesque and unsurprisingly so, having been architected by Arthur Laffer, one of the premier minds behind the Reagan tax rate cuts.
On monetary policy, Cruz has called for the gold standard, which I have called a very good idea and the best idea - for restoring prosperity - in the presidential debate. Cruz would be insulated from attacks by Trump because Trump has spoken sympathetically, albeit ignorantly, about the gold standard. Trump, on WMUR last year: ...
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Um, do we actually have any gold to go on the standard with? You never know. The last supposed audit of Ft. Knox was back in the 80’s I think. And where are we going to come up with $19T of the stuff.