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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (7112)1/20/2017 7:05:22 PM
From: Katelew  Read Replies (2) | Respond to of 363232
 
You make some good points but your focus may be too narrow.

My hope is that lowering corporate taxes across the board along with (perhaps) some modest border taxation will at least keep jobs from leaving and will fund corporate expansion and innovation. Halting illegal immigration could cause wages to rise naturally from the bottom up. (There has always been a hierarchy to the wage structure.)

I would be surprised if Trump voters by and large are assuming that the very same jobs that left will be coming back. An expanding economy will open up new prospects as long as more people aren't being laid off as their jobs go overseas. If Trump can stop manufacturing jobs leaving, that alone will increase the amount of product manufactured in this country assuming the economy expands.

Also, it hasn't been only factory workers that have seen their middle class status slip. The recession of 2007 produced layoffs in every industry and many of those people have yet to find comparable paying jobs. In addition, college grads have had a terrible time finding jobs that come close to meeting their expectations.

I agree--that still leaves automation--something about which there needs to be an honest national discussion.

What's happening right now, I think, is that the whole country is being asked to rethink "globalization". There was a time when just the word itself was cool--we would all become citizens of the world. Patriotism was so 'yesterday', just something our WWII parents and grandparents revered.

Now we're being asked to consider "nationalism"--a word that fell into disrepute with the fascist movements of the 1930s. The reality is that it's actually economic nationalism that is the issue and the goal for most Trump supporters, but it's still proving hard for many people to get their heads around.

This was kind of a ramble. Sorry for jumping around.



To: combjelly who wrote (7112)1/20/2017 7:05:58 PM
From: i-node  Read Replies (1) | Respond to of 363232
 
The only candidate who fully understood this issue in the last election was Marco Rubio.

However, Trump has a better grasp of economics than anyone else who was running. Because he has lived it.

If you make it less expensive to build iPhones here Apple will do it. Make MC=MR for product in the US and this is where the product will be built. That is an absolute.