Mr. Trump would immediately halt the crush of new federal regulations on business. In 2015 alone, the Obama administration unilaterally issued more than 2,000 new regulations — hidden taxes that add a lead weight on our businesses. To grow faster, the economy has to have relief from this central planning and regulatory overreach. And Mr. Trump would seek consumer choice in education and health care and a repeal of Obamacare.
The scant economic gains in the past eight years are even weaker for most Americans than the G.D.P. data indicates because federal policy favored gains for the haves, not the have-nots. Your prosperity is increasing if you work in finance, issuing bonds or trading currencies, or you lobby or arrange government contracts. If not, you’ve most likely gone backward financially.
Mr. Trump is proposing to overturn that stagnant, corrupt system. An important part of his transformation is a new trade policy that encourages American jobs rather than undercuts them. His position has been demonized by the press as protectionism, but the reality is that our trade system is broken. Bad deals harmed American workers and gave access to United States markets without achieving vital conditions like intellectual property protection in China.
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