When the President won in 2016, there was a euphoric rise in business confidence and investment as you may recall. Expectations for lower taxes and regulation naturally drive economic growth. While we have a great deal to fear given what Biden has done to us over the past 3.5 years, restoring growth and confidence in private investment is critical to helping the United States recover from the Biden hangover.
President Trump commands great global respect. It is understood that upon his return to the White House, those foreign leaders that currently abandon the United States and the US Dollar will largely reverse course both out of respect and fear of Donald Trump.
As confidence in the US Dollar returns, global dependence on the dollar would as well, enabling the US to again benefit from increased demand for dollars and reducing our funding costs.
The Peace Dividend that President Trump will rapidly achieve will save the United States from further wasting of funds and wasting of lives in contrived wars. Perhaps he will also repossess the many sports cars purchased with our tax dollars.
The President has assured us that he will reduce government and certainly given how the government has treated President Trump, there is no love lost. Consultants to the government will also suffer job loss as cost containment is even easier where government employment protections do not exist.
As work from home became an entrenched right of government workers, many will never fully return to the office and most agencies can run on a fraction of the office space that previously was required. The opportunity to reduce the government’s physical footprint offers substantial savings as those properties can be sold off or leased with the help of the author of the Art of the Deal.
The President has spoken a great deal regarding increased production of fossil fuels to help the US economy recover. Drill baby drill.
And, of course, the President promised to remove the millions of illegal immigrants which should reduce the extraordinary expense they impose through capturing of benefits as well as tax avoidance.
The return of the President’s targeted tariffs would drive us toward balanced trade and reduced trade deficits.
Deregulation and tax cuts will also empower the economy. Ultimately, powerful economic growth paired with a return to higher productivity would help heal the economy and return the American dream.
We need only look to the results after just a few months of President Milei in Argentina to believe the above reforms would drastically improve our economy:
“Argentina Sees First Monthly Budget Surplus In 12 Years
— Prodigal (@ProdigalThe3rd) February 18, 2024
…as new President Javier Milei continues to push for strong spending cuts, the Economy Ministry announced.
January was the first full month in office for Milei, a far-right libertarian who took office in December, and it… https://t.co/ZD1jjfGtc6 pic.twitter.com/99CTpQDI46
