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发帖数: 6571 | 1 Stephen Moore “Trump Will Ignite an American Economic Boom”
Politics By TruthFeedNews November 4, 2016
By Stephen Moore
After the election of Ronald Reagan in 1981, the U.S. Economy experienced
one of its greatest booms in history. The growth rate averaged nearly 4
percent for seven years 1982–89. And the stock market rose from less than 1
,000 on the Dow to more than 10,000 over the next two decades. This was a
period of wealth and job creation that the nation and middle class had
seldom seen before. All the liberal critics wrongly said it could not and
would not happen.
Now the question is: Could it happen again in this era of massive government
debt, meager growth, and flatlined incomes for the middle class? The answer
is “yes.” With the right set of policy fixes, we can see a return to wage
gains, higher profits (which means a bull run on stocks), and rapid growth
in output.
Since the end of the recession, economic growth has averaged an anemic 2
percent, producing the weakest “recovery” since the Great Depression. Over
the past year, growth has slowed to an even more anemic 1.5 percent. This
is barely staying out of recession. America can do much better.
One thing is sure: Donald Trump and Hillary Clinton have almost
diametrically opposite economic plans. Clinton will raise taxes. Trump will
cut them. Clinton has vowed to defend President Obama’s “legacy” and
double down on job-killers such as Obamacare.
Trump is offering big changes, and I believe they could accelerate the
economic growth rate from 1.5 percent to 4 percent for the next five years.
That is the equivalent of adding another Texas to the U.S economy. How would
he accomplish this?
First, Trump will enact the biggest pro-growth tax cut since Ronald Reagan’
s 1981 reform. Trump would simplify the tax code and significantly reduce
marginal rates, encouraging investment and economic expansion. His proposed
corporate tax rate of 15 percent would make it easier for American firms to
repatriate earnings, bringing capital home and making the U.S. a more
hospitable place to invest. Every small business would also pay only 15
percent — there are 26 million such firms.
Don’t believe the phony claim that these tax cuts will cost $10 or $20
trillion. Growth will cause revenues to increase, not decrease. And Trump
will close tax loopholes as well.
Next, Obamacare, the fastest growing entitlement program of all, which even
Bill Clinton admits is a wreck with costs spiraling out of control. This
year’s 25 percent premium hikes are only the start of a cascade of higher
health-care costs. Trump would repeal and replace Obamacare with a consumer-
choice health plan. This will cut costs for both families and businesses.
On the regulatory front, Trump wants to reverse immediately dozens of
President Obama’s antibusiness executive actions, including the Clean Power
Plan, which would escalate a war on energy that has already put tens of
thousands of coal miners out of work.
A pro-growth energy policy would mean developing all of America’s abundant
resources — oil, natural gas, and coal. Trump’s plan could make America
the world’s number one energy producer within five years, producing
millions of new jobs and trillions of dollars of extra output — along with
new royalty payments to the government. Clinton, by contrast, wants to
please the radical environmentalists by blocking energy development and
subsidizing, instead, 500 million solar panels — mostly likely built in
China.
On immigration, Trump will build a wall to keep out illegal immigrants. But
he wants that wall to have wide gates for legal immigrants to come and
benefit our country economically. We can’t fix our legal immigration system
until the border is secured.
I am for free trade and don’t always agree with Mr. Trump on this issue.
But he is right that China is stealing and cheating in our trade
arrangements. That must stop.
The U.S. needs trade. Yet it also must have a president willing to negotiate
from a position of strength with countries that manipulate their currencies
, steal America’s intellectual property, or compel companies to disclose
trade secrets as a condition of entering their markets. Negotiating better
trade deals and enforcing the current ones would help the U.S. economy.
Taking a tougher stance here might be necessary to restore dwindling support
for open markets.
Finally — and importantly — having someone in the White House who knows
how to run a business, meet a payroll, and pay the bills would be a vast
improvement over the political class that has so weakened America’s
standing in the world. Without much faster economic growth, America will not
retain its status as a world super power. China will surpass us, laughing
all the way. It is time to take American competitiveness seriously and fight
economically to win.
A resurgence of American prosperity will benefit our citizens and show the
rest of the world how to grow out of the worldwide economic malaise that has
stalled prosperity everywhere.
http://truthfeed.com/stephen-moore-trump-will-ignite-an-american-economic-boom/33876/ | g********2
发帖数: 6571 | 2 On immigration, Trump will build a wall to keep out illegal immigrants. But
he wants that wall to have wide gates for legal immigrants to come and
benefit our country economically.
——杜绝非法移民，扩大合法移民，一定会让美国繁荣。 | L*******p
发帖数: 103 | 3 说的好像希拉里上台美国就能繁荣一样，奥巴的成绩已经让大家看到了，失望大于希望
，所以，换人是理所当然的。 | w****h
发帖数: 1344 | 4 Anyone except Hillary will bring hope and prosperity. Trump will be a great
president. | w****i
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