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Monday, November 28, 2016

Towards An 'America First' Trump Trade Policy

Donald Trump’s election triumph is among the more astonishing in history.

Yet if he wishes to become the father of a new “America First” majority party, he must make good on his solemn promise:

To end the trade deficits that have bled our country of scores of thousands of factories, and to create millions of manufacturing jobs in the USA.

Fail here, and those slim majorities in Michigan, Pennsylvania and Wisconsin disappear.

The president-elect takes credit for jawboning William Clay Ford to keep his Lincoln plant in Louisville. He is now jawboning Carrier air conditioning to stay in Indiana and not move to Mexico.

Good for him. But these are baby steps toward ending the $800 billion trade deficits in goods America runs annually, or bringing back factories and creating millions of new manufacturing jobs in the USA.

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1 comment:

Anonymous said...

Our manufacturing production has seen "yuge" increases over the last 3 decades. Numbers of workers needed to support this boom is what has declined. Free trade has not killed manufacturing jobs. Technology and inmovation have. Until you understand these facts you will not be able to support a candidate who has a real solution to the jobs problem.