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The Upshot from Davos

by | Feb 2, 2018 | Trump Administration

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President Trump recently returned from a trip to Davos, Switzerland where he attended the World Economic Forum. At the event, dozens of dignitaries gave speeches forecasting where they would like to take their respective countries nationally and globally in terms of economics. Trump was the first United States president to attended since Bill Clinton and was asked to give a speech. If you are the kind of American who believes that other countries prosper when we do, then the president definitely delivered.

The media was taken aback by Trump’s reception. We rarely hear any positive coverage of the president, and there was no exception in Davos. CNN’s Jim Acosta stated his surprise at the warm welcome Trump received. The attacks Trump often receives from Democrats and the media have done very little to slow down his political agenda or economic policies. Trump’s reception at Davos showed there are world leaders who are thrilled about his economic leadership.

During the campaign, Trump was very open about America’s economic woes. He spared no words in his disdain for how China has been allowed to trample the U.S. He mentioned more than once that too many of our jobs have gone overseas due to high corporate tax rates – a problem that was adjusted in less than a year thanks to the Tax and Jobs Act. The new law lowered the corporate tax rate to 21%, making the United States competitive again.

All the new investments coming to America will bring more jobs and more tax revenue. At this time, over 250 businesses have given bonuses of at least $1,000 to their employees. These are no mere crumbs, Mrs. Pelosi. Further, there weren’t companies giving out bonuses and raising their minimum wages under Obama. No matter how much the Democrats and media downplay the economic success under Trump, they can’t escape one thing all Americans have in common: more satisfying bank accounts.

As we watch the calendar year move on, November,2018  is going to be more important than ever for both sides. The Democrats are frothing at the mouth to impeach Trump. He has paralyzed them politically and shown how damaging their policies are to individual citizens. The left desperately wants power back to stop Trump because they know how bad he is making them look.

After many years of economic plight under both Presidents Bush and Obama, Trump has put the Republicans in a position to show how important Conservative economic policies are to us. The mid-term elections are crucial for Republicans, who want to hold Congress and grow their majority. There is plenty of time to show voters how their paychecks have increased, retirement accounts have grown, wages have gone up (without government), and job opportunities arose. This is a perfect contrast to Democrat policies.

Trump was very clear in his goal to put America first, but he also showed foreign businesses that he was serious about wanting more manufacturing in the United States with a much lower corporate tax rate. If there is one voting issue we can all agree on, it is the economy.

Now that we are in Trump’s economy, the only ones who should be losing their jobs are Democrats.

Read More From John Dempsey

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