Yesterday, the New York Times ran a surprising update headlined, “
Trump Delivers Economic Speech, Harris Campaigns in Pennsylvania. Unlike his jovial opponent, President Trump outlined a very specific list of proposals that he said would quickly Make American Economically Great Again. And
his proposals hold water.
CNN’s Trump file photo, with orange filter dutifully applied.
At a Fox News Town Hall with Sean Hannity on Wednesday, President Trump promised to eliminate at least ten existing government regulations for every new regulation added under his administration. That’s five times as many deleted regulations as he’d promised in his 2016 campaign (and later delivered).
President Trump also vowed to create an Elon Musk-headed “government efficiency commisson” to “eliminate fraud and improper payments.” As President Trump correctly noted, just those two proposals would logically reduce government spending and the cost of doing business in America, resulting in lower prices for American consumers.
He also debuted plans to increase American jobs. Trump pledged to reduce the corporate tax rate from 21% down to 15% percent “for companies that make their products in America.” Last time around, Trump cut the corporate tax rate from 35% to 21%. Now he wants to go even further. (Cackle, for her part, promised to raise it to 32%.)
And Trump promised to expand tariffs on companies importing products from overseas. As a staunch free-marketer, I used to be strongly anti-tariff. But after watching Russia’s record-breaking economic renaissance, fueled by massive Biden sanctions, I am coming around. It is undeniable that Russia’s inability to participate in international trade resulted in a miraculous economic turnaround in that country.
America would do great if manufacturing could be made to surge back home, just like it did in Russia. But the coalition of deep-state globalist interests would suffer, which is why elites oppose every bit of the Trump plan.
Here is a link to a concise summary of President Trump’s economic plan to
defeat inflation, make America affordable again, and return the United States to explosive economic growth. Read it for yourself:
Trump’s Eight-Point Economic Plan.
Holy Breaking Headlines, Batman, there are a
lot of other important developments to discuss. I hope to be off of morning hospital duty tomorrow, and then we can catch up on all the wild happenings in the Weekend Edition. Keep your fingers crossed.
The remarkable stuff we know for sure about the Georgia shooting, and don't know; demographic free fall and its possible link to illegal immigration; Trump's excellent 8-point economic plan; more.
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