In the months leading up to the presidential election, we’ve often heard Hillary Clinton speaking of “…trumped up, trickle-down economics.” Although I’ll give the former presidential candidate kudos for creative word play, her misinforming of the public in regards to President-elect Trump’s economic plan has confused her followers, and assisted in her downfall.
President-elect Trump has constructed a plan that will lower taxes and encourage the addition of an estimated twenty-five million jobs to the U.S. economy; sweet on the ears for the forgotten man of the middle class. Trump’s policies will focus on bringing jobs previously held in the United States back with tax incentives and deregulation paired with a more vigorous energy policy that will allow for expansion and reinvigoration of our decrepit factories and manufacturing sector.
Whether a millennial, baby boomer or middle aged worker who is tired of working a mediocre job since losing employment back in 2008, this is refreshing to hear – less taxes, more jobs.
During the election, the stock market began to drop drastically as many on Wall Street began to panic about the election results. DOW Futures dropped as Trump took a solid lead, and almost as quickly as the mainstream media started reporting on it, the Hillary camp began to blame the trickle-down theory of Trump.
They couldn’t have been more wrong. Within twelve hours of a strong Trump victory, the market rebounded to the point of hitting record high numbers, and there was again renewed hope in the United States economy. What is most amusing, however, is the effect Donald Trump’s victory has had on the U.S. market and industrial sector in such a short period of time.
Not only has the stock market rebounded significantly, but our neighbors across the Atlantic (Britain specifically) are yearning to negotiate new trade deals. What is even more of a surprise is that both Canada and Mexico have reached out in an attempt to renegotiate NAFTA in hopes of salvaging any special privilege before Trump scraps it for his “America-First” trade deals.
The fact is, while America is up in arms over a president with a brutal tongue, they should be paying attention to the benefits he’s already bestowed upon the nation, and the economic healing he’ll be performing over the next four years. It’s been a long and hard-fought battle, but victory was well deserved.
Protests may drag on, and the left will continue to critique his every move, but President-elect Trump will bring back the ferocity of an American economy that once dominated the modern world. Factory workers in Ohio will soon manufacture cars built from Pennsylvania steel that run off of Texas oil, feeding a family from Cincinnati with food grown in California, Florida and Wisconsin.
The American dream has never ceased to exist, it just needed to be brought back to life.
The revival is here.