Friday, September 2, 2016

Lets Talk Economics


Donald Trump doesn’t have an economic  plan is a common criticism of the GOP presidential nominee. But the entrepreneur proved his critics wrong when he announced his economic plan a couple of weeks ago. Hillary, on the other hand, is a political hag without a clear economic vision.  “We are going to raise taxes on the middle class” and we are “Going to put a lot of coal miners and coal companies out of business, “are a few of Hillary’s economic plans. If you’re considering staying at home on November 4; writing-in a third party candidate on your ballot, or— have you lost your mind, voting for Hillary—then you’ll benefit from reading the highlights of how Trump’s Economic plan will revitalize our economy. The italicized words are Trump's. The commentary that follows each of Trump's points are yours truly.

1.) “Across-the-board income tax reduction, especially for middle income Americans. This will lead to millions of new and really good-paying jobs. The rich will pay their fair share, but no one will pay so much that it destroys jobs or undermines our ability as a nation to compete.”

Is this a shrewd policy? Allow me to address this from one who identifies as a middle income American and one who is a fiscal conservative. It is smart for two reasons. First, because the middle class is—for the first time in U.S. history—no longer a majority. President Obama’s socialist agenda has diminished our economy to the point that the average American now makes less than $30,000 annually. Secondly, over the “past decade, expatriation of U.S. citizenship has risen 15-fold.” Why would Bright, gifted and affluent American impresarios give up their citizenship at historic rates? Look no further than the corporate income tax rate. The United States has the highest corporate income tax rate in the world and is no longer the most competitive place to run a business. Trump’s plan will reverse this trend and allow businesses to stay in America to both create new jobs and raise wages on existing jobs.

2.) Refusal to Pass the Trans-Pacific Partnership (TPP). “Trade has big benefits, and I am in favor of trade. But I want trade deals for our country that create more jobs and higher wages for American workers. Isolation is not an option!” 

To put TPP in perspective, consider that the Affordable Care Act was 900 pages in length, and no one knew what was inside the bill until after President Obama unconstitutionally rushed it through Congress. In contrast, TPP—which the Obama administration has been developing during both his terms in office is around 5,500 pages. The TPP is a budding EU, according to some economists lessens the power of the people’s constitutionally formed Congress in favor of “global governance.” It is this writer’s opinion that under no circumstance should we repeat our Obamacare mistake and pass TPP so we can find out what is in it. Trump’s opposition to TPP is wise, and a key way in which his policies are superior to those of Hillary. 

Recently, Hillary claimed she too opposes TPP. However, Clinton has publically pushed TTP 45 times.  To my progressive friends, it is true. Hillary has in the past endorsed TTP. If you don’t believe me check your search engine. It is there.  Thus, Clinton’s promise to oppose TPP means very little. We simply cannot trust Hillary to keep her promise on TPP.

3.) No to NAFTA. Trump plans to abandon the North American Free Trade Agreement (NAFTA) signed into law by former President Bill Clinton in 1994 if unable to negotiate terms more amenable to the United States. Do we really desire transfer of jurisdiction to international ‘tribunals’ beyond the reach of American voters? If you’re alarmed about the economy and you want to prevent America from becoming the next Venezuela, if you have a real sense of economic right and wrong, you cannot in good conscience support Hillary Clinton. Donald Trump is your best bet on the ballot. 


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