Showing posts with label Donald Trump. Show all posts
Showing posts with label Donald Trump. Show all posts

Thursday, April 28, 2011

A Natural-Born Failure

Yesterday, President Barack Hussein Obama released his full "long-form" birth certificate, proving that he was born at the Kapiolani Maternity & Gynecological Hospital in Honolulu, Hawaii on August 4, 1961 at 7:24 PM, making him a natural-born citizen of the United States of America.

Indeed, the "birthers" were wrong, and the President made them all look like fools today. We knew the President would be wise to release the full birth certificate, and wrote so last month. Unlike Donald Trump, we won't claim that the President's actions were our doing, but we applaud him for his actions.

Unfortunately for the country, President Obama's birth certificate doesn't help the economy, nor does its release prevent President Obama from failing the country. If anything, the American people can simply be reassured that a natural-born American is the one who wants to hike taxes, won't make job creation a priority, has no problem with $4/gallon gas, doesn't mind inflation, and wants to force you to buy health insurance. Should President Obama fail to change his policies, he will be remembered as a natural-born failure.

Wednesday, April 13, 2011

Taxing Their Imports: Could It Bring China In Line?

Potential Presidential Candidate Donald J. Trump has suggested that a huge problem for the United States is that China has taken away jobs and manufacturing, while gaining an economic advantage over the United States through abusive practices such as currency manipulation. China is a nation that has engaged in oppressive conduct, including censorship, socialism, and restrictions on academic freedom. Before Trump, many have brought up concerns with China taking jobs away from America and sucking money out of the economy.

Trump's solution, which he voiced in an interview this week, is to slap a 25% tax on all Chinese imports if China were to not get in line. But would this work?

The answer, likely not. China would likely be able to maintain cheaper prices than American manufacturers even with a 25% price hike caused by an import tax. In China, a factory can operate without worrying about adhering to strict occupational safety standards, environmental regulations, or even paying a decent wage to employees. For the price of one minimum wage American worker, a dozen or more can be had in China. Further, the country's movement to embrace more free-market capitalism has led to new entrepreneurship and investment in China while the United States makes the mistake of moving backwards towards the socialist concepts that failed in the Soviet Union.  Further, the Chinese would likely figure out methods of tax evasion. A Chinese company might send products to a company in Canada, and then the Canadian company would take advantage of free trade agreements to bring the product to the United States.

What can the United States do? Part of the answer, but not the complete answer lies in spreading freedom and democracy, education and immigration reform, and the American consumer.

If the people of China were to stop working for such low wages and demand pay in line with what American or European workers get, Chinese companies would no longer have a labor cost advantage over American companies. The United States should make effort to help the people of China advance, thereby weakening their own country's economy.

Many young Chinese come to the United States to get an education -- and then they go back to China and help grow its economy. The United States should adopt a policy of giving students who graduate with at least a Bachelor's Degree the option of remaining in the United States and instead of working for a Chinese company, working for an American company and helping grow the American economy. Enable these students to work for a few years and then obtain citizenship and become supporters of American freedom and democracy for life. Additionally, the higher education industry in the United States needs to stop giving scholarships and admissions to Chinese students while turning away American students. By educating the Chinese, the United States loses competitive advantage.

Finally, the American consumer must stop buying from China. The reason the Chinese make money is because they put their products in American stores and Americans go out and buy them. Instead of buying Chinese-made products, American consumers should buy American-made products. If a Chinese company can't sell its product, they won't be able to hurt American business and kill jobs in America.

What is the complete answer to China? The Report knows the complete answer is very complex. It's a solution that will require much thought, the support of the American people, strong leadership, and an understanding of the large number of players, conditions, and variables. One thing that is NOT the solution to the China problem is to maintain the status quo. If the status quo is maintained, then the United States will find itself no longer the world's strongest economic power and the situation shown in this video could become reality.

We invite our readers to comment on what they think the solution is to the China problem by posting a comment on this post. Remember, The Report has comments enabled on all of its posts. We do not censor comments, unless they are blatantly spam, pornography, or attempts to "flame" others, in which case we may remove them.

Tuesday, March 29, 2011

Birth Certificates

While the burden of proof lies on the accuser, President Obama would be wise to release his full birth certificate. With many Americans questioning his place of birth or concerned the President has not made his full birth certificate public, it might be a smart move for the President to release it. This week, one of President Obama's possible challengers, Donald J. Trump, released his own birth certificate. By putting forth the document himself, Trump will preempt any controversy over his birth. Going into 2012, President could lose votes if people vote for his opponent on the grounds that they think he is an illegitimate President.*

*The author of this post does not believe President Obama is an illegitimate President. Like Speaker John Boehner of the House of Representatives, the author recognizes that the State of Hawaii has said that President Obama was born there and considers that statement good enough, especially given that the "birthers" have no produced any hard evidence to the contrary. However, many Americans have expressed concerns that President Obama is illegitimate, and their concerns could have an impact on the outcome of the 2012 election.