10 Things That Every American Should Know About Donald Trump’s Plan To Save The U.S. Economy

10 Things That Every American Should Know About Donald Trump’s Plan To Save The U.S. Economy

Last week’s GDP report showed that the economy grew a mere 1.2% in the second quarter and 1.2% over the last year. It’s the weakest recovery since the Great Depression – the predictable consequence of massive taxation, regulation, one-side trade deals and onerous energy restrictions.

In 2015 alone, federal agencies issued over 3,300 final rules and regulations, up from 2,400 the prior year. Studies show that small manufacturers face more than three times the burden of the average U.S. business, and the hidden tax from ineffective regulations amounts to “nearly $15,000 per U.S. household” annually. Excessive regulation is costing our country as much as $2 trillion dollars per year, and Trump will end it.

• The Environmental Protection Agency’s Clean Power Plan, which forces investment in renewable energy at the expense of coal and natural gas, raising electricity rates;
  
• The EPA’s Waters of the United States rule, which gives the EPA the ability to regulate the smallest streams on private land, limiting land use; and
  
• The Department of Interior’s moratorium on coal mining permits, which put tens of thousands of coal miners out of work.
  

• Appoint trade negotiators whose goal will be to win for America: narrowing our trade deficit, increasing domestic production, and getting a fair deal for our workers.
  
• Renegotiate NAFTA.
  
• Withdraw from the TPP.
  
• Bring trade relief cases to the world trade organization.
  
• Label China a currency manipulator.
  
• Apply tariffs and duties to countries that cheat.
  
• Direct the Commerce Department to use all legal tools to respond to trade violations.
  

• Rescind all the job-destroying Obama executive actions including the Climate Action Plan and the Waters of the U.S. rule.
  
• Save the coal industry and other industries threatened by Hillary Clinton’s extremist agenda.
  
• Ask Trans Canada to renew its permit application for the Keystone Pipeline.
  
• Make land in the Outer Continental Shelf available to produce oil and natural gas.
  
• Cancel the Paris Climate Agreement (limit global warming to 2 degrees Celsius) and stop all payments of U.S. tax dollars to U.N. global warming programs.
  

America’s economic performance peaked in the late 1990s, anderosion in crucial economic indicators such as the rate of economic growth, productivity growth, job growth, and investment began well before the Great Recession.
Workforce participation, the proportion of Americans in the productive workforce, peaked in 1997. With fewer working-age men and women in the workforce, per-capita income for the U.S. is reduced.
Median real household income has declined since 1999, with incomes stagnating across virtually all income levels.Despite a welcome jump in 2015, median household income remains below the peak attained in 1999, 17 years ago. Moreover, stagnating income and limited job prospects have disproportionately affected lower-income and lower-skilled Americans, leading inequality to rise.