Wednesday, November 16, 2016

The Prospects of a Trump Economy


If Mr. Trump runs this country like he runs his business, which he intends to do, our economy is in for a HUGE treat. He promises to lower corporate taxes and individual tax rates, thereby boosting profits and helping business owners create more jobs. Couple this with Trump’s plan to slash regulations and we’ll likely see very fast growth in the short run.  One of the hottest items on Trump’s agenda is trade. If he follows through on trade and imposes tariffs on foreign goods, the U.S. could see a great deal of money coming in from abroad as well as jobs returning to the US. The list of what-ifs and possible policy actions goes on, but the most important thing to understand is that for Trump to be successful in growing the economy, he must focus on job creation, civic investment, and shrinking the size of the government. The prospects of a Trump economy are encouraging. No government in history has been as efficient as the private sector. [more...]

No comments: