- Seal the border and stop the migrant invasion
- Carry out the largest deportation operation in American history
- End inflation, and make America affordable again
- Make America the dominant energy producer in the world, by far!
- Stop outsourcing, and turn the United States into a manufacturing superpower
- Large tax cuts for workers, and no tax on tips!
- Defend our constitution, our bill of rights, and our fundamental freedoms, including freedom of speech, freedom of religion, and the right to keep and bear arms
- Prevent world war three, restore peace in Europe and in the middle east, and build a great iron dome missile defense shield over our entire country — all made in America
- End the weaponization of government against the American people
- Stop the migrant crime epidemic, demolish the foreign drug cartels, crush gang violence, and lock up violent offenders
- Rebuild our cities, including Washington DC, making them safe, clean, and beautiful again.
- Strengthen and modernize our military, making it, without question, the strongest and most powerful in the world
- Keep the U.S. dollar as the world’s reserve currency
- Fight for and protect social security and Medicare with no cuts, including no changes to the retirement age
- Cancel the and cut costly and burdensome regulations
- Cut federal funding for any school pushing critical race theory, radical gender ideology, and other inappropriate racial, sexual, or political content on our children
- Keep men out of women’s sports
- Deport pro-hamas radicals and make our college campuses safe and patriotic again
- Secure our elections, including same day voting, voter identification, paper ballots, and proof of citizenship
- Unite our country by bringing it to new and record levels of success
The above 20 statements are listed in Trump’s Republican Party’s Website, https://www.donaldjtrump.com/platform. Combining with the Table of Content, here are some assessments.
Table of Content | Campaign Statements | Implication |
---|---|---|
CHAPTER ONE: DEFEAT INFLATION AND QUICKLY BRING DOWN ALL PRICES | Defeat inflation, Unleash American Energy | Trump plans to lifting restriction on Energy Production, and terminate the Green New Deal, continuing the usage of low cost energies such as oil, natural gas, and coal. US has turn from the largest Oil importer to Oil exporter, and Trump will extend this road. This policy would affect the oil price, the status of US dollar, and the commodities price, and further cooperation agreements. |
CHAPTER TWO: SEAL THE BORDER, AND STOP THE MIGRANT INVASION | Stop Immigrants | Reduce labour supply, potentially pushing up wages. Might be harmful to inflation. |
CHAPTER THREE: BUILD THE GREATEST ECONOMY IN HISTORY | Tax Cuts; Support using Crypto and AI | Prioritising American producers over foreign outsourcers. De-globalisation, increase production cost, but help resolve employment problems. Stabilise the social development. Support using Crypto and AI innovation. |
CHAPTER FOUR: BRING BACK THE AMERICAN DREAM AND MAKE IT AFFORDABLE AGAIN FOR FAMILIES, YOUNG PEOPLE, AND EVERYONE | Stabilise housing price; accessible education; affordable healthcare | Social Stability, making welfare available for people. |
CHAPTER FIVE: PROTECT AMERICAN WORKERS AND FARMERS FROM UNFAIR TRADE | Higher Tariff; stop outsourcing; save Auto Industry; reduce trade deficit | Place higher tariffs, protect US industries and manufacturing powers. Save Traditional Auto industries, cancel supports to EV. Trade independence from China, including vehicles imports. Keep supply chain, and maintain internal economic cycle. |
CHAPTER SIX: PROTECT SENIORS | Medicare, Social Security, Cares for Seniors. | Social Welfare. Same as CHAPTER 4. |
CHAPTER SEVEN: CULTIVATE GREAT K-12 SCHOOLS LEADING TO GREAT JOBS AND GREAT LIVES FOR YOUNG PEOPLE | Children; Teachers; Schools; Knowledge; Gender Indoctrination | Social Welfare. Similar to CHAPTER 4. Adding the gender things. |
CHAPTER EIGHT: BRING COMMON SENSE TO GOVERNMENT AND RENEW THE PILLARS OF AMERICAN CIVILIZATION. | Rebuild Cities | Infrastructure Construction |
CHAPTER NINE: GOVERNMENT OF, BY, AND FOR THE PEOPLE | – | – |
CHAPTER TEN: RETURN TO PEACE THROUGH STRENGTH | – | – |
Trump’s campaign strategies seem self-containing.
- Fiscal Revenue and Expenditure Balance: In most of case, fiscal expenditure need to be supported by fiscal revenues. Both (1) the reduction of corporate tax, (2) the increase in infrastructure construction, and (3) upgraded social welfare would be financed by increase in Tariffs.
However, to what degree the revenue could cover the expenditure might need specific clauses of policies to be confirm and need further evaluation of the post-policy impact.
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Labour Market Implication: Stop immigrant would reduce the labour supply. However, Trump’s strategies aim to remain the manufacturing power insider the U.S.. Stop outsourcing and keep the supply chain in America would provide job opportunities, increasing the employment demand. Those policies together would increase the employment level and be helpful for the social stability.
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Inflation: Oil supply increase would decrease commodity price, relieving inflation. Labour market actions (stop immigrant and outsourcing, increase wages) would increase inflation. Hard to say the inflation would go upward or downward.
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International trade: Policies would downgrade the globalisation. Definitely harmful to all exporting countries. Exporters might need to find other large goods importers, or need to consume the excess supply power themselves. However, not just America, but the EU are all implement tariff protection, keep the pricing and competitive advantages to the local companies.
Theoretically, de-globalisation/trade protection would harm the economic efficiency as relevant parties did not implement the comparative advantage. However, US, as the largest importers, would actually extract productions from others, and take the benefits from the trade protection. In addition, US decides to contain the manufacture power, and exports its production