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Perfect Opportunity for Growth

Everything is ready for President-elect Trump and the Republican led Congress to take the reins of this economy. The environment for pro-growth economic policies couldn’t be any better. The Fed Fund rate (short term interest rate) is near zero and the inflation rate has still not reached the Fed’s target of 2%. This is a much better situation than it was in 1980.

The economy wasn’t doing well when Ronald Reagan took office in 1981. The Federal Reserve raised the Fed Fund rate to a whopping 20% (today it’s 0.25%) as they tried to curtail the high 12.5% inflation rate (today it’s 1.6%). The country was also experiencing high unemployment. Reagan’s task was to grow the economy in that volatile environment to create jobs.

The new Trump administration has an economic agenda for the US economy to create jobs as well, but in a much less volatile environment. Our economy today is like someone through a wet blanket over it.

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US Should Adopt Territorial Tax Policy

To be competitive in a global marketplace we need to lower our corporate taxes. But lowering the corporate rate is just the beginning. We need to change to a territorial tax system and bring trillions of dollars back to the United States. 

The US has nearly the highest corporate tax rates in the world, only exceeded by Puerto Rico and the UAE. The top bracket is 35%. Then add state corporate taxes and it is closer to 39%. If profits are distributed to shareholders, then that profit is taxed again. In essence, shareholder distributions are profits that are taxed twice.

The United States also has a worldwide corporate tax for American companies that earn profits from international operations. Foreign profits are taxed at 35%, less any corporate tax paid to the foreign country.

Reform Free Trade Deals

Renegotiating trade agreements, undoubtedly, will be one of the issues that President Trump will face fierce opposition on. But why does Donald Trump want to reform these trade deals?

Free trade is meant to open up markets between different economies. NAFTA, for instance, allows Mexico the ability to sell their products in the United States without any tariffs attached and the US the same ability in Mexico. 

Not having tariffs is great for businesses that export because it opens new markets and increases revenues. This leads to job creation. But it’s not so great for businesses that have new foreign competitors importing cheaper goods. This leads to job losses. Overall, experts tell us that free trade is a net gain for America because it creates more jobs than it loses. 

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Why the Electoral College?

Once again Progressives are talking about ridding our country of the Electoral College. They hate it because their candidate lost the election, but won the popular vote. Instead of having a candidate that appeals to citizens from across the country, the left wants states with large populations to decide who’ll become President. 

This call to change our system to ‘pure democracy’ is not surprising. Instead of winning within our checks and balances system, the left tries to subvert our institutions to forcibly get their way. We see this all the time. Today there are protests in large cities because ‘their’ candidate didn’t win. They think that the rest of America will now kowtow to their demands due to their belief in mob rule

Illegal Immigration Magnets

The US economy is expected to expand because of President Trump’s pro-growth policies. This will mean more jobs, more opportunities, and higher pay. It will also create a magnet for anyone looking for work from Mexico, Central America and South America. 

The left and the media often criticize Trump’s immigration policies. They contend that the number of illegals living in the US have stabilized so there’s no real need for a wall on our southern border or to curb illegal immigration. They say Donald Trump’s policies are just ‘dog whistles’ to gain votes from all the racists out there. His policies are not dog whistles, however, but they’ll address an almost certain future.

Democrats Divide America for Votes

The left was heartbroken and some could barely function because Hillary Clinton lost the presidency to Donald Trump. They also realized that Barack Obama’s legacy will quickly be diminished by the GOP's sweeping win. Many Democrats, including some supposed objective journalists, immediately assumed or espoused that Americans must be racist and that our country’s racial progress took a step backward. The truth is, though, that GOP voters are not racists and America and racial progress took a step forward. 

To acknowledge this truth would take away the left’s most effective talking point that keeps their supporters blind and our nation divided. They need this division for the end benefit of maintaining their voter base. To them, it’s all about keeping power to implement their radical liberal agenda.  

The Trump Effect

Americans woke up today with an extraordinary result in our national elections, a President-elect Donald Trump and the Republicans maintaining control of both houses of Congress. Ever since the primaries, Mitt Romney and the Republican elites have been sounding the alarm that Trump would be a drag on the ticket and the GOP would suffer a horrible defeat. According to them, Trump was unelectable.

It wasn’t supposed to be so. Donald Trump did not prepare his entire adult life for this office and has said things that would have disqualified any other candidate. He was anything but a polished politician and he did not fit into the mold of the Republican political class. He was a pure outsider.

Movements Win Elections

There is a movement in America today and they are called Deplorables. Since Ronald Reagan, every movement has resulted in a win on Election Day. The polls going into the 2016 presidential election may not fully capture the Deplorables movement. This mobilization of Trump backers could produce a larger than forecasted voter turnout for Donald Trump and give him the victory as a result.

Religious Liberty is at Stake for Christians

Christianity has flourished in the United States since its founding.

The First Amendment of the U.S. Constitution restrains the government from abridging the religious rights of its citizens so that people may worship as they see fit, with like-minded people, and that they may live their lives in accordance with their faith, without restriction. 

Driverless Cars Want to Take You Shopping

It’s a Saturday morning and you decide to go to the mall. Instead of jumping in to a $25,000 automobile that most of the time just sits idly in your garage, you take out your smartphone and use an app to order a ride. Within minutes you’re on your way in the comfy area of the backseat with no annoying driver making small talk. You arrive safely at your destination, curb side, all for a few bucks that were automatically charged to your account. You don’t even have to say goodbye.

When you want to be picked back up, you just order a ride again. The problem is that you need to run many errands and have many stops. All of them will require you to dial a ride.