What will happen going forward is what has always happened when the GOP wins. The economy responds with positive results and unheard of growth after making the EPA helpless, pulling out of G20, stopping NAFTA, reducing the Eductaion budget, taking money out of NATO, selling drilling leases on both coasts, add on to that a $1Triollion deficit and so on. And the growth continues for 3, 4, 5 years even. Then it is found that the growth cannot be sustained any longer. All the stops have been pulled out already and there is nothing left to stimulate further. What happens next is recession. In fact, every recession (or depression) has been presided over by GOP Presidents starting with Calvin Coolidge in 1929. Under Obama we had a solid 2-3% conservative growth which lasted at least 9 years with no recessions and unemployment decreasing from 10.9% to 4.5%. Nice. I would also like to observe that seniors did not get even ten cents out of Trump's tax breaks while the government policies are increasing inflation burning the candle at both ends. Let's look into the tariffs for a moment. Can anybody say for sure that after these tariffs fatten up the Treasury, that the plan is for Mr. Trump to give himself another nice tax break. Knowing his record of truth telling, I would not put that past him at all. Look, Canada had a serious tariff on American dairy products of 275%. If you further into this you will find that Canada sold to the USA $160M worth of dairy products and the USA sold to Canada $475M of dairy products. The Canadian tariff did not do anything bad to the USA and it was the only tariff they had. So why the steel and aluminum tariff? Go figure.Conservatism encompasses the absolute best of man in every capacity. It's built on liberty, which in turn spurs innovation, which in turn produces prosperity. With Republicans controlling everything coast-to-coast (the White House, the House, the Senate, and 33 of the 50 states), we are experiencing unprecedented prosperity. Things started to turn around with the results of the 2010 mid-terms and the final piece to the turbo-charged prosperity was President Trump taking the White House and removing all of MaObama's illegal Executive Orders designed to block his enemies and reward his pals.
That's what conservatism does. Every time. And progressivism does the polar opposite every time (just ask the people of Venezuela). It restricts liberty, which in turn decimates ingenuity, which in turn results in perpetual poverty and misery.At first the plan was working, but in 2016 something happened. U.S. oil rigs began coming back online. Oil production shot back up. OPEC was baffled. How were these yankees beating us? The answer? American ingenuity. We invented technological breakthroughs that made fracking cheaper and more efficient.
If you had told someone 20 years ago that the U.S. would produce more oil than Saudi Arabia, you would have been laughed out of the country. Yet today, thanks to conservatism, here we sit producing more than anyone but Russia (and we will soon surpass them). Fracking has created energy independence, affordable energy, jobs, wealth, and prosperity. And the left has done everything in their power to prevent it. Fracking is just another example of how conservatism encompasses the absolute best that man has to offer, while progressivism produces the absolute worst that man has to offer.As of last month, U.S. oil production hit a record high. We're pumping out over 10.7 million barrels a day. We just leapfrogged the Saudis who are pumping 10.4 million. Russia is number one at 11.1, but U.S. production is set to be near 12 million by next year. We will be the number one producer of oil by 2019.
Making American oil number one again
Yep, Trump threw all the wood on the campfire. It will burn out. President Obama gave us sustainable growth.