Sometimes big ideas get small coverage. Unfortunately, that was the case with President Trump’s March 15 trip to Michigan, in which he raised an important idea—arguably the most important economic-policy idea in U.S. history—and yet his words received almost no attention.
Perhaps that was inevitable, because, as we all know, White House reporters these days have been focused on the healthcare bill, and the new proposed budget, and various allegations about hacking and tapping.
Yet here’s a Virgilian prediction: Long after the sound and fury about those other controversies have passed away, Trump’s big point on the economy will be remembered. Indeed, it’s likely that the pro-growth, pro-jobs, pro-profits alliance that Trump espouses will become permanently embedded in Republican thinking—and, quite possibly, Democratic thinking as well.
So what, exactly, did Trump say in his brief speech at Willow Run, the former factory site in Ypsilanti Township, Michigan? What was the larger message to the leaders of the Big Three automakers—Ford, Fiat-Chrysler, General Motors—as well as the head of the United Auto Workers, the governor, and other luminaries?