Wednesday, November 23, 2016

The Curious World Of Donald Trump and Income Inequality

Okay, take a deep breathe and open your mind to a new reality. Donald Trump may do more for income inequality than his predecessors. (Everyone Okay?) I recently read his first 100 day plan, and if he terminates the trans-pacific partnership, he will reverse decades of unfair trade practices. More importantly, he will reverse urban decay, and bring about fair trade policy.


This in my opinion was Trump's strongest card during the elections. He tapped into the Sander's crowd that wanted income equality through fair trade practice. For all his faults, he strongly advocated changing this practice from day one. I know we countered that his ties were made in Mexico, but come on, most textiles have shifted to 3rd world labor. This was a weak counter argument.

Donald Trump knows that the past 30 years of manufacturing decline were due to bad trade practices. We, along with other industrialized countries maximized profits by using cheap third world labor. This also allowed companies to avoid mandates by governing agencies like the EPA. (I spoke about this in my book back in 2006.) He and Bernie Sanders actually agree that global world trade practices have devastated our country, and the rest of the world.

Set your differences aside with Trump and pay particular attention to this issue. If he follows through on this promise, the Democrats and Republicans will have to answer to their empty promises of income inequality over the past 30 years. His plan will work. He believes a livable wage versus minimum wage will be impacted by a fair trade policy. This will raise incomes more than mandate guidelines from the government regarding a minimum wage.

We have been stagnant due to lobbyists handcuffing Washington with bribes on both sides of the aisle. Plant after Plant closing and going overseas. Eyesores in their place in many urban areas. Devastation left behind by the low paying jobs that replaced high paying jobs. It will be interesting to see if this happens, as Trump may make this a battle.

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