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Donald Trump Political Analysis

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Every 4 years the American public circles back to an age-old debate of whether Republicans or Democratic make more sense for the economy. This time around Republicans came out victorious and at the end of the week Donald Trump will be sworn in as the 43th President of the United States.

“Make America Great’ as he repeatedly chanted on the campaign trail is a combination pro business and protectionists policies that don’t necessarily fall in line with the Reganesque policies Republicans follow. In fact, some of Trump’s rhetoric, most notably devoting $1 trillion to a massive infrastructure plan, is consistent with Democratic ideologies that fiscal spending produces economic growth. That being said, Donald Trump still represents the Republican …show more content…

It’s essential that tax dollars are used to fund services indoctrinated by the Constitution, such as national security and basic infrastructure. The purpose of limited taxes and government spending further illuminate Republicans beliefs on the role of government.

On the campaign trail and now transitioning to President, Trump gave every indication that he intended to remain true to Republican tax principles. Besides broad cuts for the wealthy Americans, Trump’s proposed plan aims to reform corporate taxes, which would lower federal rates from 35% to 15%. On its own, slashing corporate tax rates should theoretically lead to a large sum of repatriated profits and greater investment. But portions of overall Trump’s agenda to increase domestic production over importing would end up wiping out the majority of the benefits.

The Global …show more content…

The size of the trade gap grew by 7% in November to $45.2 billion, marking the highly level in a year and a half. A majority it came from an increase in imported foreign oil while exports slipped largely due to a decline in commercial aircraft shipments. The republican platform remains committed to the principles of open markets and trade but only with better agreements. Fair trade agreements demand transparency, full disclosure and protection of our national sovereignty that many countries violated over the years.

The new administration plans to take a hardened stance on renegotiating America’s trade agreements with China, Mexico and Japan. Some of Trump’s protectionists policies include placing large tariffs on imports to limit job flight and reduce the trade deficit. Speaker Paul Ryan undermined many of these proposals, claiming Congress won’t raise traffics or pass a big border tax on companies fleeing the United States.

Final Take

If history has taught us anything, crucial metrics like GDP, job creation and the stock market tend to perform better with a Democrat in the White House than under a Republican. More importantly, left leaning policies support economic advancement and avoid recessions: nine of the last 10 recessions came under a Republican. But given Trump’s unorthodox approach and uncharacteristic cabinet of billionaires, the new administration can

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