6. Maria Bartiromo, “Dow 24000 and the Trump Boom,” Wall Street Journal, Dec. 14, 2017, https://www.wsj.com/articles/dow-24000-and-the-trump-boom-1513294061.
7. Mornings with Maria, hosted by Maria Bartiromo, Fox Business Network, Apr. 11, 2017.
8. Editorial Board, “The Great Rules Rollback,” Opinion, Wall Street Journal, Dec. 25, 2017, https://www.wsj.com/articles/the-great-rules-rollback-1514237372.
9. Eric Lipton and Danielle Ivory, “Trump Says His Regulatory Rollback Already Is the ‘Most Far-Reaching,’ ” New York Times, Dec. 14, 2017, https://www.nytimes.com/2017/12/14/us/politics/trump-federal-regulations.html.
10. Alan Levin and Jesse Hamilton, “Trump Takes Credit for Killing Hundreds of Regulations That Were Already Dead,” Bloomberg Businessweek, Dec. 11, 2017, https://www.bloomberg.com/news/features/2017-12-11/trump-takes-credit-for-killing-hundreds-of-regulations-that-were-already-dead.
11. Jay Michaelson, “The Ten Worst Things Scott Pruitt’s EPA Has Already Done,” Daily Beast, Dec. 29, 2017, https://www.thedailybeast.com/the-ten-worst-things-scott-pruitts-epa-has-already-done.
12. Herb Weisbaum, “Consumers Were the Biggest Losers of 2017,” NBC News, Dec. 28, 2017, https://www.nbcnews.com/business/consumer/consumers-were-biggest-losers-2017-n833081.
13. “The Second American Revolution: Reaganomics,” Ronald Reagan Presidential Foundation & Institute, n.d., https://www.reaganfoundation.org/ronald-reagan/the-presidency/economic-policy/.
14. Graham Lanktree, “Barack Obama Thanks Himself for Success of American Economy Since Donald Trump Became President,” Newsweek, Dec. 6, 2017, https://www.newsweek.com/barack-obama-thanks-himself-american-economys-success-739598.
15. Nicole Lewis, “Comparing the ‘Trump Economy’ to the ‘Obama Economy,’ ” Fact Checker, Washington Post, Dec. 14, 2017, https://www.washingtonpost.com/news/fact-checker/wp/2017/12/14/comparing-the-trump-economy-to-the-obama-economy/.
16. Christopher S. Rugaber, “Trump Claims Credit for What Is Still Mostly Obama’s Economy,” Associated Press, in Denver Post, Jan. 20, 2018, https://www.denverpost.com/2018/01/20/donald-trump-takes-credit-for-barack-obama-economy/.
17. Lawrence B. Lindsey, “Judging President Obama on His Own Terms,” Opinion, Wall Street Journal, Oct. 3, 2016, https://www.wsj.com/articles/judging-president-obama-on-his-own-terms-1475537355.
18. Juliet Eilperin and Josh Dawsey, “Trump Pushes to Allow New Logging in Alaska’s Tongass National Forest,” Washington Post, Aug. 27, 2019, https://www.washingtonpost.com/climate-environment/trump-pushes-to-allow-new-logging-in-alaskas-tongass-national-forest/2019/08/27/b4ca78d6-c832-11e9-be05-f76ac4ec618c_story.html.
19. “Remarks by President Trump and President Macron of France in Joint Press Conference | Biarritz, France,” The White House, issued on Aug. 26, 2019, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-president-macron-france-joint-press-conference-biarritz-france/.
20. Paul Bedard, “Trump: Slashing Regulations Boosted Economy More Than Tax Cuts,” Opinion: Washington Secrets, Washington Examiner, Feb. 13, 2020, https://www.washingtonexaminer.com/washington-secrets/trump-slashing-regulations-boosted-economy-more-than-tax-cuts.
21. Eric Morath and Jeffrey Sparshott, “Rank-and-File Workers Get Bigger Raises,” Economy, Wall Street Journal, Dec. 27, 2019, https://www.wsj.com/articles/rank-and-file-workers-get-bigger-raises-11577442600.
22. Ibid.
23. Ibid.
24. “Remarks by President Trump in State of the Union Address,” The White House, issued on Feb. 4, 2020, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-state-union-address-3/.
25. Background interview with Maria Bartiromo and James Freeman.
26. President Donald Trump, telephone interview with Maria Bartiromo and James Freeman, July 16, 2020.
27. James Freeman, “A Trump Rescue for the Obama Presidential Center?,” Opinion/Best of the Web, Wall Street Journal, Feb. 5, 2020, https://www.wsj.com/articles/a-trump-rescue-for-the-obama-presidential-center-11580934455.
28. David R. Henderson, “The Troubling Logic of ‘You Didn’t Build That,’ ” Foundation for Economic Education, Nov. 12, 2018, https://fee.org/articles/the-troubling-logic-of-you-didnt-build-that/.
Chapter 4: Trump’s Tax Revolution
1. Joe Nocera, “Is Trump Serious?,” Opinion, New York Times, Sept. 29, 2015, https://www.nytimes.com/2015/09/29/opinion/joe-nocera-is-donald-trump-serious.html.
2. Ibid.
3. Economic Report of the President, Together with the Annual Report of the Council of Economic Advisers, Transmitted to the Congress Feb. 2015, 223, https://obamawhitehouse.archives.gov/sites/default/files/docs/cea_2015_erp_complete.pdf.
4. Ibid., n3.
5. Kevin A. Hassett and Aparna Mathur, “The Cure for Wage Stagnation,” Opinion/Commentary, Wall Street Journal, Aug. 14, 2016, https://www.wsj.com/articles/the-cure-for-wage-stagnation-1471210831.
6. Ibid.
7. Ibid.
8. Ibid.
9. Ibid.
10. Mornings with Maria, hosted by Maria Bartiromo, Fox Business Network, Jan. 24, 2017.
11. Kenneth J. McKenzie and Ergete Ferede, “Who Pays the Corporate Tax?: Insights from the Literature and Evidence for Canadian Provinces,” University of Calgary, School of Public Policy, SPP Research Papers 10, no. 7 (April 2017), https://journalhosting.ucalgary.ca/index.php/sppp/article/view/42621/30502.
12. “Remarks by President Trump on Tax Reform | Springfield, MO,” The White House, issued on Aug. 30, 2017, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-tax-reform-springfield-mo/.
13. Mornings with Maria, hosted by Maria Bartiromo, Fox Business Network, Sept. 28, 2017.
14. Corporate Tax Reform and Wages: Theory and Evidence, The Council of Economic Advisers, Washington D.C., Oct. 2017, https://www.whitehouse.gov/sites/whitehouse.gov/files/documents/Tax%20Reform%20and%20Wages.pdf.
15. “Remarks by President Trump Before Cabinet Meeting,” The White House, issued on Nov. 20, 2017, https://www.whitehouse.gov/briefings-statements/remarks-president-trump-cabinet-meeting-2/.
16. “American Tax Overhaul Has Worrying Implications for Ireland,” Cantillon, Irish Times, Nov. 18, 2017, https://www.irishtimes.com/business/economy/american-tax-overhaul-has-worrying-implications-for-ireland-1.3296168.
17. Pascal Saint-Amans and Thomas Neubig, “The OECD/G20 BEPS Recommendations: Boosting U.S. Tax Reform,” The Hill, June 8, 2016, https://thehill.com/blogs/congress-blog/economy-budget/282675-the-oecd-g20-beps-recommendations-boosting-us-tax-reform.
18. Mike Lillis, “Pelosi Denounces GOP Tax Reform as ‘Armageddon,’ ” The Hill, Dec. 4, 2017, https://thehill.com/homenews/house/363238-pelosi-denounces-gop-tax-reform-as-armageddon.
19. Lawrence H. Summers, “Yes, the Senate GOP Tax Plan Would Cause ‘Thousands’ to Die,” Economic Policy/Perspective, Washington Post, Dec. 3, 2017, https://www.washingtonpost.com/news/wonk/wp/2017/12/03/lawrence-summers-yes-the-senate-gop-tax-plan-would-cause-thousands-to-die/.
20. Lant Pritchett and Lawrence H. Summers, “Wealthier Is Healthier,” Journal of Human Resources 31, no. 4 (Autumn 1996), 841.
21. ABC News Politics (@ABCPolitics), “Chants of ‘kill the bill, don’t kill us!,’ ” Twitter, Dec. 20, 2017, https://twitter.com/abcpolitics/status/943355658929344514.
22. “State of the Union: Republicans Pass Tax Bill; Interview with Vermont Senator Bernie Sanders; What Do Bush and Obama Think About Trump?; Democrats Warn President Trump Not to Fire Special Counsel,” CNN Transcripts, aired Dec. 24, 2017, 09:00 ET.
23. Theo Francis, Peter Loftus, and Heather Haddon, “The Tax Law, Just One Month Old, Is Roaring Through U.S. Companies,” Business, Wall Street Journal, Jan. 26, 2018, https://www.wsj.com/articles/the-tax-law-just-one-month-old-is-roaring-through-u-s-companies-1516899466.
24. James Freeman, “Mr. 5%?,” Opinion/Best of the Web, Wall Street Journal, Jan. 25, 2018, https://www.wsj.com/articles/mr-5-1516907102.
25. Economic Report of the President, Together with the Annual Report of the Council of Economic Advisers, Feb. 2020, 3, https://www.whitehouse.gov/wp-content/uploads/2020/02/2020-Economic-Report-of-the-President-WHCEA.pdf.
26. Ibid.
27. Ibid., 5.
28. Ibid., 13.
29. President Donald Trump, telephone interview with Maria Bartiromo and James Freeman.
30. Ibid.
Chapter 5: Boom Time and Beijing
1. Elliott Teaford, “Lakers 111, Phoenix 99: Bryant Gives Suns the Third Degree,” Los Angeles Daily News, updated Aug. 28, 2017, https://www.dailynews.com/2012/02/17/lakers-111-phoenix-99-bryant-gives-suns-the-third-degree/.
2. J. A. Adande, “The Mamba Remembers,” TrueHoop (blog), ESPN, Jan. 11, 2012, https://www.espn.com/blog/truehoop/post/_/id/35313/the-mamba-remembers.
3. Bob Young, “Malicious Mamba,” Arizona Republic, Feb. 19, 2012.
4. “Lakers: Kobe Bryant Leads LA over Suns 111–99,” Associated Press, in Riverside (CA) Press-Enterprise, Feb. 18, 2012, https://www.pe.com/2012/02/18/lakers-kobe-leads-la-over-suns-111-99/.
5. Noaki Schwartz and Christina Hoag, “Chinese Leader Xi, Biden Promote Trade in LA,” Associated Press, in San Diego Union-Telegram, Feb. 17, 2012, https://www.sandiegouniontribune.com/sdut-chinese-leader-xi-biden-promote-trade-in-la-2012feb17-story.html.
6. Eva Dou, Jeremy Page, and Josh Chin, “China’s Uighur Camps Swell as Beijing Widens the Dragnet,” World/Asia, Wall Street Journal, Aug. 17, 2018, https://www.wsj.com/articles/chinas-uighur-camps-swell-as-beijing-widens-the-dragnet-1534534894.
7. Noaki Schwartz and Christina Hoag, “Chinese Leader Xi, Biden Promote Trade in LA.”
8. Ibid.
9. Ibid.
10. Wallace Turner, “Reagan to Work for Nixon in ’72,” New York Times, Oct. 4, 1971, https://www.nytimes.com/1971/10/04/archives/reagan-to-work-for-nixon-in-72-backs-president-in-speech-to-gop-in.html.
11. “Nixon vs. Khrushchev—The Kitchen Debate (1959),” YouTube, posted Feb. 9, 2010, https://www.youtube.com/watch?v=-CvQOuNecy4.
12. David Stokes, “Buckley, Nixon, and Mao—1972,” Richard Nixon Foundation, Feb. 29, 2008, https://www.nixonfoundation.org/2008/02/buckley-nixon-and-mao-1972/.
13. Ibid.
14. William F. Buckley Jr., “Veni, Vidi, Victus,” National Review, Feb. 28, 2018, https://www.nationalreview.com/2018/02/william-f-buckley-jr-nixon-trip-to-china/.
15. “China Policy,” Milestones: 1977–1980, Office of the Historian, Department of State, United States of America, n.d., https://history.state.gov/milestones/1977-1980/china-policy.
16. Clyde H. Farnsworth,
