Saturday, November 9, 2024

Trump

I see two categories for Trump. First are the things that will probably be on Trumps agenda which are securing the border, renewing the Trump tax cuts, keeping tariffs and reducing regs to help reshoring, installing a 15% tax on companies that make and sell in the US, maximize fossil fuel production, expose the new green deal as more of a social program than climate plan, remove the tax on TIPS and overtime, pushing DA's to put repeat criminals in jail, bringing back bonding and stop the reduction of felonies to misdemeanors, re installing the sanctions on Iran, restart the Abraham Accords, offering maximum support to Israel and a peaceful solution to the Ukraine war. This is a pro growth agenda but it will cause inflation unless the productivity increases in the newly built manufacturing plants off set. Second is my wish list for Trump. He should encourage nuclear, in particular small thorium reactors, to fight climate change, he should offer the EV's cash incentives for natural gas cars and trucks. The average life of a car is 12 years so it will take that long to replace most.

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