We have like a 800 billion dollar trade deficit with China now. People need to not freak out over tariffs. All tariffs do is meant to balance that trade deficit. China and quite a few others have screwed us over for decades. Fair trade means EQUAL trade reciprocity, not the American citizens continuing to take it up the rear in the name of “fair” and “open” trade”.
Trump is a businessman first, he knows it is BAD business to owe out more than you take in. “Fair” to China, Dems, and other countries is the us and US getting screwed to make those countries and the people here who negotiated these terrible trade deals RICH at OUR expense.
Watch what happens to our GDP when the new trade deals come in. OUR GDP will SKYROCKET, probably DOUBLE what we see now. You know what that means? MORE money and prosperity HERE for everyone. Better and even MORE jobs at better pay. Competition for workers and goods which mean both higher salaries and CHEAPER goods and services BECAUSE of the increased competition.
The economy is a big circle. The bigger the circle the more people in it and the more money circulating. Under Trump the circle will be as big around as the moon. Under Obama the circle was the circumference of a thimble. The only ones who “prospered” under Obama were the already rich, and the government employees. Under Trump, like with Reagan, it will be a rising tide lifts ALL boats, especially the MIDDLE CLASS. Our system, Capitalism, is meant to have a bar graph where there is a SMALL sliver at the top (the rich) and a small sliver at the bottom (the poor) the MIDDLE is supposed to be by FAR the biggest and dominant sections. Under Trump that is returning. Under Obama the rich and the poor wire the large dominant sections with a SMALL sliver in the middle (the middle class).
Because of that we had a TERRIBLE economy with putrid GDP’s of less than 2 %. ALL this with a “sequester” on military spending which besides entitlements like Social security and welfare and now healthcare, make up the BULK of our spending. Wages were STAGNANT, and because of Obama care, most jobs were not even full time. All our manufacturing jobs were farmed out to Mexico, Canada, and over seas. We were at the MERCY of those other countries on trade because we did not produce our OWN stuff. Also, there were no good paying career paths for people without advanced degrees. THAT is why people were working 2 and sometimes THREE jobs to make ends meet. Obama’s war on energy ALSO put another damper on good CAREER jobs in those fields and it RAISED the cost of our goods (shipping costs) and our energy costs. It was a double whammy. Then that coupled with the mandate of Obama care which trippled costs for LESS quality healthcare, and you have the recipe for disaster that was the Obama economy.
Under Trump, we are MAKING things HERE again including coal and steel. Our energy sector is BOOMING with coal, oil, and LNG. we are EXPORTING energy and goods again and IMPORTING less which means more money and GOOD CAREER jobs for everyone from those with only minimal education up to those with advanced degrees IE the MIDDLE CLASS. Once the trade imbalances are fixed things will be EVEN BETTER.
The costs of goods and services will go down because of competition and LOWER energy costs. More and more things will need to be made HERE, which will me even MORE jobs as industries come BACK and new ones spring up to SUPPORT those industries. Infrastructure and utilities will need to be updated and installed to ALSO support those industries. MORE good higher wage CAREER jobs. In just a few more years we will be thinking that 3% GDP was “weak” Trump is RIGHT. He understands the economy as well as business. He is a GOD SEND for our country economically. The DEMS hate it because they DO NOT like US in the middle. US in “flyover country”. US “smelly Wal-Mart shoppers”. They only care about themselves the “elite”. Most could not effectively manage a yard sale. let alone a business or the whole country. Good intentions and meaning well are NO excuse for their incompetence. They HATE Trump because, even though he is rich, he is more like you and me and more relateable and connective to US than he is them.
Trump is for US, he is doing EXACTLY right by us. There WILL be short term “pain” but the gains will be immense. The Dems know this, they will try EVERYTHING they can to sabotage Trump from succeeding FOR US.
politicalprognosticator 