‘A 20% across the board import tariff balances the budget tomorrow. Combined with Trumps income tax cuts and you have a recipe for an American economic renaissance.’
I agree with you that Trump’s ideas will work but there is one problem. There are some things that are no longer produced in the U.S., two examples are auto wiring harnesses and t.v.’s. Factories will be needed to produce these things and I am sure many others. The know how is most likely lost and it will take time to regain, in the meantime we will be forced to purchase from Korea these things and we will pay the tariff. I don’t know for how long but that is how it will work.
It shouldn’t take long. In 1942 G.M. and Ford switched from cars to tanks almost overnight. To solve problems it always takes the RIGHT MAN for the JOB. That is going to be Trump’s greatest gift to this country. He will put the right man in the right job and we’ll start to see results faster than you think. Success will feed more success as the barriers constructed by the Socialists in this country are destroyed one by one. I expect a return to the constitution under Trump. That is what he has been saying for years if you listen close enough. That is why he is running. and i believe that is why he will win.
I am always amazed that the number of Freepers here who think that entitlements are not the problem they are. The refrain that if we ‘fire all the federal workers’ all will be well one sees constantly on this site (Yes I am simplifying in the interest of brevity!) The bottom line is you could zero out the USG payroll, entitlements still take us over the cliff. You zero out the federal payroll and federal discretionary funding we still go over the cliff!
There is a whole legal industry out there dedicated to get people on the entitlement gravy train.
Bottom line every year there are too few people working putting ‘value’ back into the economy and it's too lucrative and easy to be one of those sucking that value out of the economy. That number seems to grow regardless which party controls government.
The USA has the capability to produce every product made int world. It just lacks the will. They build factories every day in the rest of the world. They is noting magic about it.