Jobs, Prosperity And Economic Growth For All. 10 Trump Steps To Make America Boom Again.
President-elect Trump is assembling an impressive team of experts and they are developing an economic growth plan to help all Americans. Trump is especially concerned about the working class, rural areas and minorities. He believes too many of them have been forgotten, and without steady wages their hopes have been crushed.
Trump spoke in Indiana last week and said America needs to be a place companies flock toward rather than leave. A major problem is that the Obama administration has held back the American jobs market because of massive regulations.
As outlined by the Examiner, listed below are 10 steps Trump can take to get the economy moving into high gear.
The message he will send is that America is once again open for business.
1) Without any help from Democrats, Trump can immediately scrap several rules, beginning with those that have been finalized since May. Item number one should be the punitive new overtime regulations.
2) Abolish Obama's jobs killing Clean Power Plan.
3) Abolish the anti-fracking rules. Lower energy costs at home will bring back jobs. If manufacturers can be confident of low energy costs long term, they'll set up shop here.
4) Abolish anti-coal measures and stop the war on coal.
5) Abolish Obamacare regulations in advance of full repeal of the underlying and unloved law.
6) Approve Keystone and the North Dakota Access Pipelines, and other projects.
7) By reopening federal lands to drilling, Trump can create thousands of jobs without spending a dime. , and make this country a more attractive place for foreign companies to manufacture their products.
8) Sign a U.S.-U.K. trade deal. Our wage levels are similar, and we are not in competition in heavy industry.
9) Sign revenue-neutral corporate tax reform that closes loopholes and brings rates below those of other countries. American-based multinationals are loath to repatriate profits they earn abroad and invest them at home because they face punishing double taxation at the world's highest corporate rate.
10) Trump has said he is eager to roll back a host of regulations from the Dodd-Frank financial reform law. Topping that list would likely be the “Volcker Rule,” which banned banks from engaging in their own in-house trading for profits.