Domestically, Donald Trump campaigned on Making America Great Again and the latest figures show that he is. It’s not just the tariffs but also the other actions he is taking on the economic front that are improving the situation he inherited. His strategy of putting America First is causing some problems globally, particularly when it comes to the share markets. Trump’s message is there will be some short-term pain for long-term gain. His message is to hang in there for wealth like we’ve never seen before.
Why is this man inflicting pain on the world economies, particularly with his tariffs? The answer is really quite simple. For some considerable time there has been a tariff imbalance on traded goods to the detriment of America. In his words America has been ripped off and his tariffs are his way of solving the problem. He has had enough of the rest of the world seeing America as a country that can be used and abused when it comes to both fair trade and being the world’s policeman on defence matters.
The upshot of this is that the rest of the world will need to adapt to a different global order when dealing with America, particularly where matters of trade and defence are involved. He is carrying out the policies he campaigned on: how novel is that in this day and age? This is why he is so popular with the American voter.
There is plenty to argue about here: Is he going about it the right way? Is the methodology for calculating the tariffs correct and could he have avoided a bloodbath on the share markets?
I see a certain irony on the last point. How often do we hear how governments are helping the ‘rich pricks’ to increase their wealth at the expense of the lower classes?
Trump is giving the wealthy some pain and the left, especially the Democrats, are squealing. They are so anti Trump that something that should please them appears to have completely passed them by. Nobody has any idea where the markets will end up, although Trump’s 90-day pause on retaliatory tariffs seems to have sparked something of an uplift. His latest comment is that now is a good time to buy.
Since imposing the tariffs, Trump’s popularity has jumped four points from 49 per cent to 53 per cent. The March job figures make for good reading: 228,000 jobs added, beating expectations by 88,000. There was an increase of 459,000 in full-time workers, 209,000 increase in private employment and a 232,000 increase in the labour force. In fact, every employment sector increased, except in federal government jobs, which saw a decrease of 4,000.
Trump has so far signed 111 executive orders, the most this early in a presidency for a 100 years. Most people (86 per cent) say he is doing things differently from others. Interestingly, 53 per cent of people feel his amount of power is about right or too little! Even CNN have described him as a ‘soaring eagle’.
Meanwhile Democrats continue to lose voters in key states. In some swing states, where Republicans were behind Democrats in voter registrations at the time of the presidential election, they are now ahead.
Donald Trump was not elected to please the rest of the world – he was elected to get America out of a 16-trillion dollar debt crisis. Since implementing the tariffs an estimated two billion dollars a day is flowing into America’s coffers. Over 75 countries are knocking on his door wanting trade deals.
Trump's aim is two twofold: To balance the books and eliminate income tax on the bulk of the middle class; There are eight states in America that don’t have income tax and two more looking to join them.
How this all plays out is anybody’s guess but it is certainly working for Trump on the home front. The bulk of Americans like what he is doing. If this plays out the way he envisages, it will be a long time before the Democrats are back in power.
There are interesting times ahead to say the least.
JC is a right-wing crusader. Reached an age that embodies the dictum only the good die young. This article was first published HERE
The upshot of this is that the rest of the world will need to adapt to a different global order when dealing with America, particularly where matters of trade and defence are involved. He is carrying out the policies he campaigned on: how novel is that in this day and age? This is why he is so popular with the American voter.
There is plenty to argue about here: Is he going about it the right way? Is the methodology for calculating the tariffs correct and could he have avoided a bloodbath on the share markets?
I see a certain irony on the last point. How often do we hear how governments are helping the ‘rich pricks’ to increase their wealth at the expense of the lower classes?
Trump is giving the wealthy some pain and the left, especially the Democrats, are squealing. They are so anti Trump that something that should please them appears to have completely passed them by. Nobody has any idea where the markets will end up, although Trump’s 90-day pause on retaliatory tariffs seems to have sparked something of an uplift. His latest comment is that now is a good time to buy.
Since imposing the tariffs, Trump’s popularity has jumped four points from 49 per cent to 53 per cent. The March job figures make for good reading: 228,000 jobs added, beating expectations by 88,000. There was an increase of 459,000 in full-time workers, 209,000 increase in private employment and a 232,000 increase in the labour force. In fact, every employment sector increased, except in federal government jobs, which saw a decrease of 4,000.
Trump has so far signed 111 executive orders, the most this early in a presidency for a 100 years. Most people (86 per cent) say he is doing things differently from others. Interestingly, 53 per cent of people feel his amount of power is about right or too little! Even CNN have described him as a ‘soaring eagle’.
Meanwhile Democrats continue to lose voters in key states. In some swing states, where Republicans were behind Democrats in voter registrations at the time of the presidential election, they are now ahead.
Donald Trump was not elected to please the rest of the world – he was elected to get America out of a 16-trillion dollar debt crisis. Since implementing the tariffs an estimated two billion dollars a day is flowing into America’s coffers. Over 75 countries are knocking on his door wanting trade deals.
Trump's aim is two twofold: To balance the books and eliminate income tax on the bulk of the middle class; There are eight states in America that don’t have income tax and two more looking to join them.
How this all plays out is anybody’s guess but it is certainly working for Trump on the home front. The bulk of Americans like what he is doing. If this plays out the way he envisages, it will be a long time before the Democrats are back in power.
There are interesting times ahead to say the least.
JC is a right-wing crusader. Reached an age that embodies the dictum only the good die young. This article was first published HERE
8 comments:
$2 billion a day in tariffs revenue? Probably less than 10% of that! Like the millions of illegal migrants and tonnes of fentanyl pouring through the Canadian border into the U.S.? Please refer to some authoritative source before you quote anything from Trump the pathological liar.
Aside from the fact that Trump obviously got call from Wall Street and has now "suspended" the tariffs that were making his donors lose a lot of money, when is he building a wall, doing mass deportations (of any and all illegals, not just the tiny minority of "violent criminals"), stopping the foreign wars and (related to the all of the above) "draining the swamp" of lifelong hostile bureaucrats and foreign influence lobbies?
The answers is, he isn't doing any of those things, for the same reason he has walked back the tariffs after a few days: his donors want none of these things, and they have the power to prevent them happening.
The rhetoric of 2016, while it sounded great and was the reason Trump was elected, has never become the reality. It is such a gigantic cope to pretend that, for example, increasing job numbers (while important) is anything more than trivial and is in any way going to fix the massive structural issues America has.
Quite frankly, Trump is likened to a "dictator" by people without a clue, but actually being a dictator and taking America by the scruff of the neck is actually the only way to fix it.
Because putative "democracy" depends on funding campaigns, it depends on wealthy donors, and because those wealthy donors have a set of shared interests quite separate from the average dupe who rolls up to vote once every 4 years as if that makes any difference, what the wealthy donors want is what we all get.
Trump cannot even bring down the price of eggs (as he promised to do during the election campaign)! Let alone all the other things he promised and will never ever deliver. The man is a class A buffoon. And that’s an insult to other buffoons!!!!
Trump has not been able to bring down the price of eggs as he promised to do! He sure is on a winning way!
This is ridiculous. Trumps’ approval rating is 43%, with 51% disapproval. This guy is totally delusional.
This blog was once the voice of thoughtful conservatives, but lately it’s become the home of right wing crackpots.
When CNN give him grudging approval, he must be doing something right! As author said, he was elected to help America, not the rest of the world
To anonymous 11.08am - I personally find it useful to have all views published, even extreme left or right wing crackpots - good to know the thinking that’s out there, rather than not.
Trump says they are collecting 2 billion a day. So how come the Customs Service has not collected a dollar yet. It's reliably reported that their software can't keep up with Trump's agile mind, so they are lettting all goods through in the hope the importer will pay when Customs get their computers runnning properly. So where has this 2 billion come from? Or is it just another brain fart from the liar-in-chief?
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