OPINION

Standing Ovation: Trump’s Economic Plan

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

Yes, Donald J. Trump has an economic plan. Last week, he received standing ovations and 10-second-long applauses from ordinary Americans who heard him explain how his plan will create more jobs than Hillary Clinton’s.

“Donald Trump doesn’t have a plan! He’s all bluster and no muster,” is a common criticism of the GOP presidential nominee. But the entrepreneur proved his critics wrong when he announced his economic plan in Detroit, MI last week.

Hillary, on the other hand, is a gal without a clear economic vision.

We are going to raise taxes on the middle class!” and “We are going to put a lot of coal miners and coal companies out of business,” are a few of Hillary’s economic “plans.” Of course, she quickly tried to retract her comments. But, make no mistake, one of Hillary’s top economic advisors is Joseph Stiglitz, a man on-record for praising the economy of Venezuela.

Venezuela!? 

Yesterday’s New York Times included the headline story: “Hard Times in Venezuela Breed Malaria as Desperate Flock to Mines.” Venezuela’s economy is now so weak than many citizens have been reduced to working in muddy jungle mines—where they have contracted malaria—a disease the country eradicated in 1961. Depressingly, desperate times have reawakened the horrific disease as impoverished Venezuelans resort to working in extremely hazardous conditions.

You know things are bad when even the New York Times admits socialist policies have ravaged Venezuela’s economy. We don’t need a president who receives her economic council from a man who would advise her to make America more akin to a country where citizens line the streets to wait for food.

200,000 new jobs! was Hillary’s promise to upstate New Yorkers when she ran for Senate in 2000. Once safely elected, she delivered results more on par with Venezuela. According to the Washington Post: “…upstate job growth stagnated overall during her tenure, with manufacturing jobs plunging nearly 25 percent, according to jobs data.”

If you’re considering staying at home on November 4; writing-in a third party candidate on your ballot, or—heaven forbid, voting for Hillary—then you’ll benefit from hearing how Trump’s plan will revitalize our economy.

Highlights from Donald J. Trump’s Economic Plan

1.) “Across-the-board income tax reduction, especially for middle income Americans. This will lead to millions of new and really good-paying jobs. The rich will pay their fair share, but no one will pay so much that it destroys jobs or undermines our ability as a nation to compete.”

This is a smart policy for two reasons. First, because the middle class is—for the first time in U.S. history—no longer a majority. President Obama’s socialist agenda has diminished our economy to the point that the average American now makes less than $30,000 annually. Secondly, over the past decade, expatriation (Americans renouncing U.S. citizenship) has risen 15-fold according to Fortune

Smart, talented and wealthy American entrepreneurs are giving up their citizenship at a historic rate. The United States has the highest corporate income tax rate in the world and is no longer the most competitive place to run a business. Trump’s plan will reverse this trend and allow businesses to stay in America to both create new jobs and raise wages on existing jobs.

2.) Refusal to Pass the Trans-Pacific Partnership (TPP)

“Trade has big benefits, and I am in favor of trade. But I want trade deals for our country that create more jobs and higher wages for American workers. Isolation is not an option!” 

To put TPP in perspective, consider that the Affordable Care Act (Obamacare) was 900 pages in length, and no one knew was inside the bill until after President Obama unconstitutionally rushed it through Congress. In contrast, TPP—which the Obama administration has been quietly developing for the past eight years—is 511% longer, at around 5,500 pages. 

Sen. Jeff Sessions (R-AL) has described TPP as a “nascent European Union” that “diminishes the power of the people’s bulwark: their constitutionally-formed Congress” in favor of “global governance.” Yikes.

Under no circumstance should we repeat our Obamacare mistake and “pass TPP so we can find out what is in it,” as Rep. Nancy Pelosi might say. Trump’s opposition to TPP is wise, and a key way in which his policies are superior to those of Hillary. 

Recently, Hillary claimed she too opposes TPP. However, CNN unearthed a fascinating list of 45 times Clinton publicly pushed for TPP. Thus, Clinton’s promise to oppose TPP means very little. 

We know—thanks to FBI Director James Comey—that Hillary has a track record of lying. She lied about whether she sent or received classified emails via an insecure connection while Secretary of State as well as whether she turned all of her work-related emails over to the State Department—to name only a few of her tall tales that jeopardized U.S. national security.

We simply cannot trust Hillary to keep her promise on TPP.

3.) No to NAFTA

Trump plans to abandon the North American Free Trade Agreement (NAFTA) signed into law by former President Bill Clinton in 1994 if unable to negotiate terms more amenable to the United States.

“…[T]he transfer of jurisdiction to international ‘tribunals’ and kangaroo courts beyond the reach of American voters” has already begun under NAFTA, reports The New American magazine—adding that this phenomenon will “only accelerate” under TPP.

If you’re concerned about the economy and you want to prevent the United States from becoming the next Venezuela, you cannot in good conscience back Hillary Clinton. Donald J. Trump is your best bet on the ballot.