Trump’s “Making America First Again” – Putting Main Street Back On Top…

trump west virginiaDuring a February Republican debate the Wall Street Journal’s Kimberly Stassel challenged Donald Trump on the projected revenue from his proposed tax plan.

In essence Stassel claimed some economists doubted the growth factor Mr. Trump projects in his tax proposal.

In a sixty second response time, it was factually impossible for Donald Trump to explain something more complex than a sound bite allows.  However, how do you eat an elephant? One bite at a time.

Specifically, one of the larger hurdles Trump faces is a need to re-educate an entire generation on a fundamentally new vision of the U.S. economy.  A return to a Pro-Main Street, goods-based, manufacturing, technology, innovation and industry driven economic model.

Interestingly, many people have referenced a 1991 (25 years old) video of Donald Trump testifying before congress – as evidence of him being tuned in to political consequences of economic activity. The entire video is well worth watching because it gives you insight into a very specific moment in time as they discuss the ‘Reagan era’ 1986 tax reform act.

For the sake of this discussion post I would like to draw your attention to a very specific exchange between Donald Trump and Representative Helen Delich Bently (R-MD).

Representative Bently takes the discussion a little off subject from real-estate and engages Mr. Trump on U.S. manufacturing. Remember this is 1991. (The video is prompted to @39:24) Watch – it’s only about two minutes:

[Related Note – During Donald Trump’s testimony before congress in this video, Senator Marco Rubio and Senator Ted Cruz were approximately 20-years-old. This understanding sets the backdrop for a generation who is disconnected from the previous economic model being discussed within the congressional committee itself.]

In this 1991 hearing, Representative Helen Bently is pointing out an ongoing erosion of U.S. manufacturing. Notice how she references current trade deals and “fair trade” versus “free trade”, sound familiar? It should.

trump hard hatWhat you will find in all of Donald Trump’s positions, is a paradigm shift he necessarily understands must take place in order to accomplish the long-term goals for the U.S. citizen/worker as it relates to “entitlements” or “structural benefits”.

All other candidates are beginning their policy proposals with a fundamentally divergent perception of the U.S. economy. They are working with, and retaining the outlook of, a U.S. economy based on “services”; a service-based economic model. Consequently their forecasted economic growth projections are based on ever-increasing foreign manufacturing dependency, and even more solidifying service-based economics.

While this economic path has been created by decades old U.S. policy, and is ultimately the only historical economic path now taught in school, Trump intends to change the course entirely.

Because so many shifts -policy nudges- have taken place in the past several decades, few academics and even fewer MSM observers, are able to understand how to get off this path and chart a better course.

Candidate Trump is proposing less dependence on foreign companies for cheap goods, (the cornerstone of a service economy) and a return to a more balanced U.S. larger economic model where the manufacturing and production base can be re-established and competitive based on American entrepreneurship and innovation.

No other economy in the world innovates like the U.S.A, Trump sees this as a key advantage across all industry – including manufacturing.

The benefit of cheap overseas labor, which is considered a global market disadvantage for the U.S., is offset by utilizing innovation and energy independence.

The third highest variable cost of goods beyond raw materials first, labor second, is energy. If the U.S. energy sector is unleashed -and fully developed- the manufacturing price of any given product will allow for global trade competition even with higher U.S. wage prices.

In addition the U.S. has a key strategic advantage with raw manufacturing materials such as: iron ore, coal, steel, precious metals and vast mineral assets which are needed in most new modern era manufacturing. Trump proposes we stop selling these valuable national assets to countries we compete against – they belong to the American people, they should be used for the benefit of American citizens. Period.

EXAMPLE: Currently China buys and recycles our heavy (steel) and light (aluminum) metal products (for pennies on the original manufacturing dollar) and then uses those metals to reproduce manufactured goods for sale back to the U.S. – Donald Trump is proposing we do the manufacturing ourselves with the utilization of our own resources; and we use the leverage from any sales of these raw materials in our international trade agreements.

When you combine FULL resource development (in a modern era) with with the removal of over-burdensome regulatory and compliance systems, necessarily filled with enormous bureaucratic costs, Donald Trump feels we can lower the cost of production and be globally competitive.

In essence, Trump changes the economic paradigm, and we no longer become a dependent nation relying on a service driven economy.

In addition, an unquantifiable benefit comes from investment, where the smart money play -to get increased return on investment- becomes putting capital INTO the U.S. economy, instead of purchasing foreign stocks.

With all of the above opportunities in mind, this is how we get on the pathway to rebuilding our national infrastructure. The demand for labor increases, and as a consequence so too does the U.S. wage rate which has been stagnant (or non-existent) for the past three decades.

As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve. More money into the U.S Treasury and less dependence on welfare programs have a combined exponential impact. You gain a dollar, and have no need to spend a dollar. That is how the SSI and safety net programs are saved under President Trump.

When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.

As the GDP of the U.S. expands, so too does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie, and begin thinking about how many more economic pies we can create.

Candidate Donald Trump’s “America First” economic thinking is intensely generational in scope.

Simply put, we begin to….

…..Make America Great Again !

trump hard hat 2

 

Trumps Policy and Economic Solutions in Easy To Understand Parts:

Trump Solutions #1 – Domestic Policy

Trump Solutions #2 – Entitlement Reform / Economics

Trump Solutions #3 – The Chinese Example

Trump Solutions #4 – Reinstating The Glass-Steagall Act

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72 Responses to Trump’s “Making America First Again” – Putting Main Street Back On Top…

  1. amwick says:

    What a legacy for him! My young nephews may just have a good, secure future.

    Liked by 8 people

  2. zephyrbreeze says:

    Trump is proposing a model of economic health, vitality and robustness, that the sclerotic Hillary can’t begin to comprehend, because she doesn’t know how to do it, and besides, her INVESTORS around the world, don’t want the US to be strong and competitive. They’ve rather bleed us dry like vampire bats on a dying dingo.

    Liked by 13 people

    • georgiafl says:

      Well said. TOO LONG our politicians have been pawns of foreign interests betting against American prosperity and American interests and lately, American security!!!

      Liked by 1 person

  3. Athena the Warrior says:

    Very interesting to have Rubio and Cruz speaking tonight since they clearly don’t have an America First doctrine. More sunlight exposing frauds for all the world to see.

    Liked by 6 people

  4. Patriot1 says:

    I look forward to seeing Trump’s pragmatism put to work in January 2017.

    Liked by 5 people

  5. skipper1961 says:

    He’s obviously done so much (consultation) for probably NOTHING already, is it any wonder he is willing to risk EVERYTHING for US? What a mensch! Just frickin’ AWESOME!!

    Liked by 5 people

  6. Trumpstumper says:

    Heh heh – I’m not tired of winning…

    Nope! Not me!

    Heck – I’m lovin’ it! ;p

    Liked by 8 people

  7. Oldskool says:

    The Tax Reform Act of 1986 was sold as “simplifying the tax code” as championed by Reagan. In reality it was a tax increase scheme that upended investment real estate and among many other bad side effects, took away the consumer loan interest deduction for individuals. The hopeful thing now is that we will have a business man in President Trump quarterbacking more “tax reform”.

    Liked by 11 people

    • PreNanny says:

      Alas it also ended the “3 martini lunch” by reducing deduction.
      Restore that deduction and there is another million jobs right there!

      Liked by 2 people

      • Howie says:

        Suddenly you cold not deduct the interest on your credit cars.

        Like

        • Malatrope says:

          Such a profound typo you made there: “credit cars”
          How many people simply write checks for their new cars anymore?
          So much income goes down the drain for interest on things with wheels…

          Like

    • Your Tour Guide says:

      Everything that has came back to bite us on the behind was passed from 1986 until
      1988. Amnesty for illegals, section 8 part 2 ( part 1 was in 1974),”Fair housing” laws.
      “Fair housing” was grossly unfair for homeowners that lived near vast apartment complexes that had been singles only prior to that time. The apartments had little to no
      addition to school enrollments. Combining requirements to admit families, stirring in section 8 legislation, and adding in Low Income Housing Tax Credits created a school
      and neighborhood destroying mix. The tax reform act also supremely sucked. The little
      guy had tax write offs on car loans, credit card debt beforehand. Investment real estate
      had building depreciation that could be factored off. It encouraged smaller investments.
      After mixing together LIHTC, Section 8, Tax reform winners and losers came out.
      WInners? The big guys, Losers everybody else, particularly those living in areas overbuilt in multifamily construction. Much of the before 1986 was financed through savings and loans, they’d been sent to slaughter by the siren calls of quick bucks. Once
      the 86-88 laws passed, they were quickly dispatched. Everybody gives Reagan glowing
      reviews. I think that he failed us back when by not using the veto in his second term.

      Liked by 4 people

    • Sam says:

      Oldskool, I emember that quite well. I was against it because it actually raised taxes when it was sold as tax reduction.

      Like

  8. CatherinesMom says:

    Thank you Sundance for another terrific article fully explaining Mr. Trump’s plan for America to get back on it’s feet.

    I have a question regarding grocery prices. I will promise on a stack of Bibles that my food bill has gone up at MINIMUM 30% in just the last 5 years alone. I just went and bought a month’s worth of groceries for my brother and his family, who has been laid off from a mining company for the last 8 months. He has never applied for foodstamps (he’d rather eat dirt before he went up to the que). My sister in law is who clued me in–so the groceries–they are a family of 7. The meat prices are coming down (thank goodness!!)–with all staples (bulk size) butter, eggs, meat, vegetables, coffee–was nearly $1,400. They were depleted completely and brother and sis in law have not eaten in days to make sure the kids were well fed. The fact that this story is even occurring in my own family is literally heartbreaking.

    This is truly a crime. I see (and never judged those using foodstamps) the need for SOMETHING to break. Will the model above affect food prices, and in what way?

    Liked by 7 people

    • PreNanny says:

      Smaller government lower food prices. More energy lower food prices. Lower taxes lower food prices etc

      Liked by 3 people

    • bertdilbert says:

      Next month just buy them a sack of oatmeal and sack of protein powder and a large bottle of vitamins. This will save you the story of how your brother and sister in law have not eaten for days and you are going to save a lot of money.

      Like

    • flova says:

      Your ‘story’ about grocery bills is exactly what Trump needs to talk about and SHOW over and over again. The Left’s mantra has always been ‘make the personal political.’

      Often when i tune in to cable news with their idiot pundits, vapid blondies and money-grubbing ‘experts,’ I think to myself, instead of these paid to do nothing but opine ignoramuses why not flood the time with Real Americans.

      Coal miners, doctors overwhelmed by healthcare rules which are destroying their practices, mothers in the grocery lines, fathers whose wives stay home to care for children but do not make over $50,000 and are saddled with Obamacare costs because their taxes are going to pay for moochers, receptionists, plumbers, small businessmen and women, mechanics, farmers, teachers trying to fight the indoctrination of our youth, mom and pop bloggers who have spent the last 8 years vetting and uncovering corrupt elites with no pay in order to save their country, parents fighting the ravages of heroin addiiction in middle class families because the drug catels and their gang dealers ahve found a market of young people hopeless about their economic prospects.

      Trump’s rallies should parade real Americans on that stage every chance he gets. Millenials working 3 jobs and hustled by Obama and willing to say so should give their take right along side Trump. No famous actresses or notables–plain, ordinary Americas.

      He has already started by allowing the victims of illegal immigrants to tell their stories. This is powerful stuff. Now he needs to have victims of the GOP establishment and the Left tell their stories.

      Liked by 5 people

    • spindlitis says:

      Don’t forget that the Eco-fascists have taken good agricultural land out of production in CA. Get rid of some of that and food prices will come down.

      Liked by 6 people

      • annieoakley says:

        Saving the stupid fish and sending water fresh water to the Pacific instead of allowing the farmers to use it. In addition, Lake Mead which waters the Imperial Valley, is low because of all of the population added from illegal immigration (8 million) and Las Vegas. One cannot walk down the strip without being hit with spray from all the fountains at the Casinos. Venice is one Casino. Now TPTB want to restrict water to lettuce fields so that Vegas can continue to waste water.

        Liked by 1 person

        • Sam says:

          Annie, – well said! If we can get rid of some very stupid EPA rules, foor prices will come down. Also if Trump can appoint an Interior Secretary with common sense, we might get the Forest Service and the BLM out of the land hoarding, anti agriculture and timber rules we could save range land and forests. These big forest fires in our Mountain West are directly related to the unhealthy condition the FS has allowed to happen.

          Like

    • TPW says:

      Catherines Mom you have a good heart….yes food prices went up during high gas prices and are slow to come down…..Your Brother needs to apply for Food assistance that is what it is for……we have all paid taxes including him for this help. It is better for him to retrieve his tax money rather than take away from your Family. In the meantime Beans, rice, and cornbread are still cheap and will do the trick…….Grandfathers generation lived off those meals during the depression.

      Liked by 6 people

    • kallibella says:

      Food prices have indeed gone up significantly in the last several years. I see how tethered prices are to the highs and lows of the price of crude/gas. Most of what we eat in our country is what I call “industrial” food (this term not meant as a negative), which must be in some ways put through machines, and which use energy. This cost will come out of consumers’ pockets in order for the manufacturer to pay his bills/employ people/make payroll/ etc.

      Even if we choose not to buy industrial foods or at least to reduce our intake of such foods and buy instead produce and mostly perishable foods, we still will be paying higher prices whenever there are market fluctuations of any of the raw materials/production needs/processing needs or transportation costs.

      I try not to buy industrial food mostly for personal health-promoting issues, but I’m not unaware that some families need to buy industrial foods because in some cases it is cheaper when feeding a larger family. However in other cases, buying perishable items is more cost effective than the alternative. Eggs vs. boxed cereals for instance.

      If we see these dynamic reforms the article is talking about to our economic system, we would see more savings in some areas where we may currently be paying higher prices.

      Like

    • NJF says:

      So sorry to hear about your family’s troubles. hug We live in very trying times.

      I wanted to comment on your point about groceries. It seems every couple of weeks the price of something has either gone up, the packaging shrunk, or sometimes both smaller packaging and a higher price. It’s astonishing to me have much this is happend and it’s not small increases either.

      I remember when the rise in prices was first being noticed and reported on, the excuse was, “it’s bc of the price of oil.” Just as SD outlined its the 3rd biggestest expose in manufacturing, so I thought, ok…..makes sense.

      I remember months ago being so annoyed at the grocery store that I started muttering to myself…..”yea right, high oil prices my a$$.”

      Liked by 1 person

      • singingsoul says:

        With food make everything from scratch. Have a little garden. Buy in farmers market or from the Amish. Make soups . My American born husband would not survive and thank God I have the know how.
        I remember when I managed a food bank I wanted in my church have a program to show poor people how to live on little. I could not do it because I was not a home economic teacher. I therfore watched poor people giving good food but many had no clue what to do with it.. The food bank reverted back to crackers pent butter an dye ally. What farce.
        Having grown up after WWII I know how to cook good meals cheap and to stretch a small budget. Also how not to throw are good clothe darn and fix things. My generation soon will die out and the younger generation will be lost.
        I alway look well dressed because I know how to wash it properly and save clothe for going out. I am not poor by any means but I feel secure to know I can live on very little.

        Liked by 10 people

    • aichawallaby says:

      Within the last several years, grain prices have skyrocketed. Look at the current size of breakfast cereal boxes and the corresponding prices on them to get a small idea of how bad this has been.

      Liked by 1 person

    • In AZ says:

      I read that one reason food prices are high is because of George Soros – Crop Speculating, among other things.

      Soros makes no secret of how he enjoys making people suffer just because he can.

      Like

    • Miss America says:

      Catherinesmom,
      You are completely right about grocery prices. We spend at least $1000 a month on groceries and we are not in a HCOL area. We do have a teenage boy and eat gluten free, but even so….

      Thank God for Aldi’s or we wouldn’t eat as well as we do.

      Like

  9. Backspin says:

    Economics made simple , by Warner Bros. cartoons. ( They actually did prove useful ! )
    E . Fudd , Elf + economist . ‘ Yankee-Dood-it ‘

    Liked by 2 people

  10. Lucille says:

    Well, “Main Street” will definitely be p.o.’d about this:

    “Federal appeals court orders changes to Texas voter ID law”
    http://www.foxnews.com/politics/2016/07/20/federal-appeals-court-orders-changes-to-texas-voter-id-law.html

    Check the voting registrations of all the members of this court…like we don’t already know.

    Liked by 1 person

    • Yes, Lucille. We are trying to get the State legislators to introduce nullification legislation to tell the federal judges to mind their own business and stick to their constitutional limits. They have no lawful authority to tell the States how to qualify voters. The Voting Rights Act they claim to have been violated is an unconstitutional breach of State authority. They are limited by Article 1, Section 2, first clause. However, it seems our esteemed State legislators see the word “nullification” as a bad thing. So, black is now white, good is now bad, possible is impossible. It’s nuts.

      Liked by 2 people

  11. NYGuy54 says:

    Made in America. We’re open for business.

    Liked by 4 people

  12. Mikeydoo says:

    Trump needs to very clearly explain this. People do not know what he stands for. A lot of voters are not looking into his policies but making assumptions. MSM is just telling us there is no substance. Trump needs photos and specifics stated aloud. The Glass Steagall issue is very attractive too but no one knows about it!

    Liked by 2 people

    • Lucille says:

      Mikey, while that might be concerning, it’s pretty much an “All in due time” matter. The average unpolitical joe may not know what it’s all about, but I doubt that constituency is much engaged at the moment past the Melania/Michelle phony scandal. Perhaps figuring out a way to explain G-S in a concise way and posting it on every website and in every comment feed where the subject comes up or at least posting the URL from the campaign site would be a good project for those concerned it’s an incomplete move on Mr. Trump’s part.

      Like

  13. “No other economy in the world innovates like the U.S.A, Trump sees this as a key advantage across all industry – including manufacturing.”

    Exactly! The globalists want Americans to think other countries, such as India and China, are smarter and better at creating things but in fact it’s the good ole’ USA where innovation rises in EVERY aspect and way above the rest of the world!

    Liked by 1 person

  14. 2x4x8 says:

    it would be great to have a “fully functional economy”, but with the present welfare benefits and “fully dysfunctional” adults, i’m afraid you’re gonna have to pry their welfare from their cold dead hands

    Like

  15. Stocksnscotch says:

    copy/pasted from somewhere else but after reading this, it all falls in place; why Mr Trump and Mr Putin get along and more importantly, why Mr Trump and bushes (brits’ stooges) don’t see eye to eye:

    There is a pseudo-world government in place. It started back around the 13th-14th century when Venice’s trade empire extended all the way to China and the Indian subcontinent. You can find their money there to this day in archeological digs. There was extreme conflict that developed between the Venetian oligarchy and the church; the essential result was that the oligarchy migrated to England as a more defensible outpost. The development of the worldwide British trade empire is really just the Venetians changing names.
    Russia has more or less always been opposed to these folks. The American colonies move towards revolution occurred only after the Venetians assumed control over England. Catherine the Great was the first to offer support to the US revolution. She asserted the colonies right to trade independently and organized a block of continental European powers to follow suit; Russian support was far more critical than French support to our revolutionary war although history forgets it.
    Later, England attempted to drive our nation into Civil War.
    Russia parked their fleets in San Francisco and New York harbor to protect the government from a British naval assault as well as sending military advisors. Twice now, Russia has saved the USA against the British.
    We were friends in WW1 and WW2. On the other hand, the British actively subverted the interests of Russia. (See sub-post to this)
    The ‘Cold War’ as such didn’t really start until the British empire captured the US government. The reasons are not often clear to people though.
    Stalin was of the opinion that FDR was assassinated. FDR’s son has written about this and believes the same. An autopsy was requested but never happened; presumably because FDR was in fact poisoned.
    It’s important to understand the fundamental difference, at the time, between the Russian and American perspectives on governance versus the British.
    [b]Both Russia and the USA had adopted a Hamiltonian approach: we believe in building up industry, enriching the people, progress through development. Britain is a monetarist nation, one which must thrive on foreign exploitation because it has no domestic resource stock. Unfortunately, the US has fallen under British control basically from the day of JFK’s assassination forward to now.[/b]
    Prior to this, FDR struck a deal with Stalin that in return for the dollar being the world reserve currency we would offer credit facilities to everyone. The point being that you offer loans to build dams, railroads, industry, etc. Bring everyone out of poverty and build a new, prosperous world without war. The British subverted this with propagandists like Bertrand Russell advocating a first strike on Russia by the US (what business of a Britain is that anyway!?), the assassination of FDR, JFK. JFK got shot because he was working on doing the same thing as FDR promised to Stalin. The Russian intelligence services know this of course and regard it as the end of America as a sovereign nation independent of Britain. Probably rightly so. This represents the real start of the Cold War, the rise of the pro-British Bush family, and the monetarist attacks on the Russian economy as described towards the beginning of my post.

    @Stocksnscotch

    Liked by 1 person

    • Stocksnscotch – This is such a Mulligan stew of history – a mishmash of reality and fantasy that it is impossible to unravel. I love a Complete Theory of Everything as much as anyone, but this is just nuts.
      One example – FDR was sick as a dog for several years before he died. His polio had crippled and weakened him. France was the first country to offer support to the new Confederated States of America – I’m reading a book about our early ambassadors right now, so it is fresh in my mind.
      I leave further proofs to the readers. I’m not going to do the rest.

      Like

  16. mikebrezzze says:

    I wish that trump’s first order of busy would be to send a cruise middle into CNN’s headquarters and blow those stuck on plagerism crooked bastards to hell and back

    Liked by 1 person

  17. Wish economic specifics would have been discussed at last night’s events. The people tuned in to hear “Make America Work Again” and for the first half of the night all they heard was “hillary clinton is bad”. I blame the politicians. The politicians were awful last night. The non-politican speakers kept the event from being a total disaster.

    Liked by 2 people

    • Lucille says:

      Re Clinton…that’s what the lefties are saying today. Poor widdle HillBill got beaten upon and concern trolls are just crying in their beer. Don’t listen to them.

      Like

  18. tz says:

    There are two models for America:

    Blue Collar jobs (one breadwinner can support a family even if they don’t have a stem degree)
    Low welfare (get a job!)
    Personal Responsibility (don’t do things where you would lose your job).
    Low taxes without the welfare.
    Low regulation (Instead of 1000 pages explaining how high rails in buildings should be, just give a big fine if anyone falls over or through one because it is misdesigned – Glass Steagle “just don’t” instead of Frank Dodd “do but fill in a thousand pages of compliance)
    We get out of debt

    Or

    Hope China keeps buying our debt in exchange for cheap stuff.
    Use that to pay the 1/2 or more of Americans that don’t work.
    Let them have kids out of wedlock and do drugs and commit crimes.
    High taxes to try to pay for the underclass
    Lots of contradictory and ambiguous regulations added every day that just destroy things.
    The debt grows until we go bust.

    By “blue collar” I mean factory workers, construction, farming, ranching – where you are hands on with the product. I do software and engineering, but in a blue collar way. Donald Trump Jr was totally blue collar in the speech last night.

    Liked by 7 people

    • jeans2nd says:

      Manufacturing IT used to know every job and nearly every person in the plant – 7 plants for me. We took care of everyone, VP to security guard. The IT guys now seem to manage the overseas programmers and hope they speak English. They appear to have no concept of manufacturing IT.

      Liked by 2 people

  19. stella says:

    I remember very well that friends were left hanging with long-term investments for which they no longer could claim a tax deduction. I was too poor at the time, myself, for it to have any effect on me, but it was a very unfair change in the tax code. Existing investments should have been grandfathered in, but were not.

    Liked by 2 people

  20. Linda says:

    Excellent article, Sundance! That’s the kind of economy I grew up and came of age in. At that time, no young person had to take on crippling loans to go to college. Here, you could work in a factory or a lumber mill or a cannery all summer and pay your college tuition for the rest of the year. And if you didn’t want to go to college, there were plenty of jobs that paid a living wage that would support a family. Trump is talking about going back to an economy that worked for people, particularly for the middle class which is absolutely being annihilated in the current economy.

    Liked by 4 people

  21. kallibella says:

    Great article again, Sundance!

    I remember Trump using the term “dynamic economy” in one of the debates and I thought most people won’t understand what he possibly wanted to convey by it.

    It may have been the same debate when he corrected Lyin’Ted about how China/Mexico and other manufacturing countries won’t pick a trade war with the US [which by the way, they are already engaged in one against us even if we cared to acknowledge it or not] whereby the consumers would be negatively impacted. Lyin’Ted’s argument was the typical globalist mantra that if we don’t have foreign made products, the American consumer would be paying higher prices if those items were manufactured in America. In a dynamic economy, where fair trade is enforced, foreign made cheaper products would be more competitively priced vis-a-vis American offerings. And in some cases, foreign made products would cost more relative to our American made alternatives.

    I think it escapes the so-called experts that if China has managed to built its decaying and languishing economy by adopting a free market model and by establishing a massive and expanding manufacturing base, that a good economy is developed through a good mixture of manufacturing, service, innovation, investment, start-ups, where manufacturing is an unavoidable piece for economic growth and stability.

    If a country doesn’t build stuff, it then employs fewer people. The fewer people employed, the fewer people able to afford items in a service-based economy, because service means labor-intensive and therefore services are more premium-priced, especially in this country.

    It is a basic economic principle that in order to generate income something has to be produced/made and when something is produced/made the resulting product may need some sort of maintenance/servicing. It is the lowest possible level of economic growth. Make stuff then others will offer services to make it live out its value.

    Like

  22. NJF says:

    Fantastic analysis SD. You are extremely adept at turning complex and or technical issues into something I can understand!

    I love his themes. Yesterday I also realized that once again Trump was going 3D rather than 2D.

    All the pundits were commenting that “I look forward to hearing about his economic plan and how he is going to get Americans back to work again.”

    I thought, hmmmmmm. Make America Work Again actually has 2 meanings. The one everyone focused on–work, as in jobs is obvious. But what about “work” as in function properly?

    This morning, as pundit after pundit criticized, “well we hardly heard anything about his Eco plans last night, blah, blah, blah.” I thought, yup, they missed it again.

    All those speeches against Crooked Hillary were a call to action against the status quo, and once we dismantle it, our country and our government will “work” properly again.

    That’s how I saw it anyway 🙂

    Liked by 7 people

  23. GoldenEye says:

    Did someone say Make America First? Where have I heard that before?

    Trump’s campaign is Pat’s campaign. I wonder if he’ll hire Pat somewhere in his administration…

    Liked by 1 person

  24. sundaybu says:

    I’m as unbelievably impressed by the 45 year old Mr. Trump as I am the the 70 year old version. He is indeed the business mind we need in the white house now. MAGA

    Liked by 5 people

  25. donebydesign says:

    Echoing sentiments above, I too say, “Great article Sundance.” As a young adult, I lived the 80’s
    with a great tech job in manufacturing. I sadly watched my comp offshore many high paying jobs in the early 90’s. We definitely need to get back to a manufacturing based economy.

    What I recall from that era was m&a activity was crazy. Companies were being gobbled up and downsized via hatchet men. Imo, this is where the damage done to Main Street by the Wall Street aggressors really began and has piled on ever since.

    Middle class jobs were lost both from a shrinking manufacturing sector and from removing redundancy. Two separate companies providing the same product have similar overhead. Combine those two companies and you don’t need two payroll or HR depts etc. The cost savings ultimately went into the pockets of the corporate raiders.

    The younger workers might not recall the great expansion of our corporate franchise base. Lots of retail and fast food joints that sprang up like mushrooms now pay beneath a living wage. For every franchise location, a percentage of profits return to the mother ship, as opposed to mom and pop restaurants which could support a family. These small business owners made more than minimum wage and their income stayed local which benefitted their neighbors.

    The corporate attack on our economy is evident everywhere you look. WalMart is a great example. Much of what is now wrong with our economy could be summed up with how WM took over middle America.

    At the end of the day, we can restore our manufacturing base and fair trade, but I believe other facets of Wall Street’s attack will take longer to resolve than Trump’s eight year era.

    Liked by 1 person

  26. Preppin247 says:

    In 2009 barry and the uniparty bailed out AIG and wall street and stuck main street with the tab.. The middle class took the biggest hit and the banksters partied on.. As Sundance has so eloquently stated. Trump isnt our candidate …he’s our murder weapon.splodey heads galore in the future

    Liked by 1 person

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