Rapid change and uncertainty can be upsetting and even make
you sick. The media’s daily portrayal of President Trump’s s behavior as
crazy and unpredictable has convinced many people that his plans are vague and
out of control. The reality is that Trump published the actions he
planned to take as president in 2015 and as far as I can tell he is following
the plan exactly. Knowing his plan and what to expect next has reduced my
stress and allowed me to ignore the media’s portrayal of Trump as a clueless
president who has no idea what he is doing. I summarized Donald Trump’s
10 major plans for America based on his book, Crippled America: How to Make America Great Again:
Immigration
End illegal immigration in America. Enforce
existing immigration laws and deport all illegal immigrants who have come
across the border or overstayed their visas. Build a wall along the US/Mexico border.
End US “birth citizenship” which grants a US passport to babies born in the US
to non-US citizens, in many cases their mothers travelled to the US on tourist
visas, temporary visas, or illegally for the sole purpose of the birth.
Foreign policy
Foreign policy will be based on what is best for
the US. The US will no longer put other countries first at the expense of
the US tax payers and American workers. This will have wide-spread effects on
trade, defense, and foreign policy where America is footing the bill for the
defense, economic protection, safe ocean passage , or international
organizations for other countries.
Trade
Renegotiate all US trade deals to favor the US. Renegotiate or terminate NAFTA. Although WTO
is not mentioned, changes to trade deals with China and Europe and Japan are
specifically discussed. Stop countries like China, Germany, and Japan
from getting a trade advantage by keeping their currency artificially low.
Defense
Make the US military unquestionably the best
military force in the world. The plan is to increase funding, increase
troop numbers, improve training, and improve the quality and military equipment
available to US troops. Have the best missile systems in the world. Charge
countries the US protects around the world for the cost of the defense.
Energy
Support US oil, gas and coal production. Stop
the EPA from enforcing rules that are not laws. Repeal environmental laws that
impede the energy industry. Charge OPEC for the cost of the military protection
the US Navy provides them.
Health Care
Replace Obamacare. Provide cheaper
alternatives for health insurance that gives people more choices and does not
fine those without insurance. Create more competition between insurance
companies to reduce healthcare prices. Negotiate with drug companies for lower
drug prices. Build and fund mental hospitals to take care of the people that
need to be there.
Taxes
Make the tax code so simple that no American will
need an accountant to fill out their forms. Any person earning under $25K or
couple earning under $50K will pay no federal taxes. All corporate taxes will
be 15% as well as individual entrepreneurs. US corporations will be able
to bring money earned overseas back to the US and pay only a 10% tax. All
loopholes for the rich will be closed and the effective tax rates for the top
1% income earners will be increased.
Guns
Make gun law standard nationwide. Allow everyone, except felons, to carry a
concealed gun anywhere in the US. Make it a federal crime for any felon caught
with a gun, with a 5 year sentence in federal prison with no parole or reduced
time for good behavior.
Education
End federal programs for education. Give all
federal funds for education to the US States to use as they see fit.
Infrastructure
Rebuild the infrastructure across the US. Increase the amount the US spends on
infrastructure from 2.4% of the US GDP (Gross Domestic Product) to 9.0% of our
GDP.
I have come to believe that
much of the commotion surrounding President Trump’s actions are caused by his
business approach of getting his plan completed as quickly as possible and not
from him doing the unexpected. Whether
you agree with Trump’s plan or not, you can reduce your stress by knowing more
about details of what he plans to do. I highly recommend this book, 5 stars.
1 comment:
Invest in Ripple on eToro the World’s #1 Social Trading Network...
Join 1,000,000's who have already found easier strategies for investing in Ripple.
Learn from established eToro traders or copy their positions automatically!
Post a Comment