President Trump's economic policies are a non-stop streak of winners.
The stock market is up; unemployment is down.
Predictions of market meltdowns and economic setbacks keep falling by the wayside.
It seems that business cycles have been repealed.
What’s going on? Well, lucky readers, you’re about to get the only true explanation of what’s going on and why this "Goldilocks" economy has a long way to go.
I call it "MAGAnomics."
First, a short history lesson. When World War II ended in 1945, the world itself was mostly rubble. Even far away places like China were dealing with their own civil wars (Mao). Japan and Germany (our then-enemies) were unrecognizable.
Japan took two atomic bombs, at Hiroshima and Nagasaki. And so on.
Yet, there was one oasis, the world’s new undisputed economic and political powerhouse, the United States of America. Our mainland was unbombed. Our factories were humming and for a few years we were the world’s major heavy manufacturer.
General Motors (GM), Ford, U.S. Steel, General Electric— it was these companies who were global economic giants.
We were large and in charge.
Fortunately for the world, Americans were, are, and will always be the most generous people on earth. We created the Marshall Plan for the sole purpose of rebuilding Europe.
Our money, their benefit.
We joined in the creation of the United Nations (U.N.), building its New York headquarters.
Next came NATO.
Everything the U.S. did was, at least, a partial act of charity and nation building.
In short order Germany, Japan, England and France were economic powerhouses.
Toyotas and Volkswagens flooded onto our shores long before Chevys and Chryslers found theirs.
Every deal, every treaty, assumed that we were rich and generous. We were — and still are.
And now for the literary analogy. Jonathan Swift wrote "Gulliver’s Travels."
On his first stop, Gulliver encounters the Lilliputians: tiny, mean men. They overwhelm Gulliver, tying him down with an infinite number of small ropes. The giant is conquered and impotent, unless he accedes to their demands.
Sound familiar? It is. America is Gulliver and everyone else is a Lilliputian.
Back to the real world. Ultimately, Uncle Sam became "Uncle Sap."
Instead of thanking us for our generosity, they demanded increasing amounts of our blood and treasure. Indeed — America’s lowest point was the election of a President Barack Obama, who went on a tour apologizing for our success and generosity. Then came Donald Trump: Make America Great Again (MAGA). It became the greatest political slogan in American history. Or, as I like to say: Enough.
MAGAnomics is the totality of President Trump’s political and economic policies, recognizing the strengths and capabilities of all countries.
It's the shift from global subsidies to global competition.
It is the 180 from America Apologize, to: America First.
President Trump has taken giant scissors and cut the Lilliputians’ ropes. Gulliver would no longer be a giant patsy. On Dec. 1, 2016 Trump made the deal with Carrier.
Hasta la vista outsourcing. Snip.
UN anti human rights committees lose their funding. Snip.
Energy independence; bye, bye OPEC blackmail. Snip.
Corporate taxes cut from 35% to 22%. We’re open for business. Snip.
No more Paris Accords, massive deregulation, rewritten NAFTA; snip, snip, snip.
NATO members have to pay up. Snip.
Two million fewer people on food stamps. Revised Disability benefits criteria. Snip, snip.
Every snip makes us stronger. Every snip extends the "Goldilocks" business cycle. Every snip is for years or decades or generations.
And did I mention the China trade deal? Super snip.
There are additional snips in our future. Brexit means the U.S. and U.K. will have hands across the water. See you Euorpean Union. But, there’s still plenty more to do.
Reforming education will bring on the return upward mobility.
Higher education reform will lower prices and end propaganda.
Immigration reform will invite the makers and discourage the takers Snip. Snip. Snip. Snip. Snip. The mainstream media will fade away and Hollywood will find their America First voices or lose their audiences.
MAGAnomics is pro-marketplace, pro-Constitution, and pro-growth.
It's a generation of Making America Great Again. America is back.
Push, pull or get out of the way.
Sid Dinerstein is a former chairman of the Palm Beach County Republican Party. He founded JBS Associates, a 600-person financial service company, and currently combines politics and business with Niger Innis in Inclusive Elections LLC, a firm that brings urban electorate voters to the GOP. He is the author of "Adults Only: For Those Who Love Their Country More Than Their Party." For more of his reports, Go Here Now.
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