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1、Donald Trumps Economic Plan,“Making America Great Again”,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Making America Great Again,45th president of the United States. First term from 2017 to 2021. August 7 marks the 200th day of his tenure.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Immigration: Send Illegal I

2、mmigrants back and build his “Great Wall”,Deport 2 million to 3 million immigrants with criminal records. Build a wall along the 2,000 miles U.S. border with Mexico. Ensure open jobs are offered to American workers first.,Sources: “Trump reveals how he would force Mexico to pay for border wall.” The

3、 Washington Post, April 5, 2016. “Donald Trumps anti-immigration stance threatens the heart of American innovation.” The Verge, November 11, 2016,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,H-1B Visas and IT workers,65 percent of all H-1B visas were for computer related jobs,Donald-Trumps-Economic-Plan-特

4、朗普经济政策与评价,Trades: Smart Trade, Not Stupid One,On August 16, 2017, renegotiating NAFTA with Canada and Mexico NAFTA (North American Free Trade Agreement) is the worlds largest trade agreement. To hit Mexican imports with a 35 percent tariff.,Source: “Trump Orders Imminent to Renegotiate NAFTA, Back O

5、ut of TPP,” CNN Politico, January 23, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,However, its not his first time,Sorry, money and power can do anything.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Protectionism,On January 23, 2017, Trump signed an order to withdraw from further negotiations on the Tran

6、s-Pacific Partnership. On September 2, 2017, Trump instructed aides to begin withdrawal from the trade agreement with South Korea. Other countries would retaliate. International trade hasnt rebounded. Tariffs and a trade war only worsen that,Sources: “Trump to Withdraw from TPP,” CNN Politics, Janua

7、ry 23, 2017. “Trump Preparing Withdrawal from South Korea Trade Deal,” The Washington Post, September 2, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Healthcare: Repeal and Replace Obamacare,On July 29, 2017, threatened to stop reimbursing insurance companies for costs they incur helping low-income

8、customers. Insurance companies would raise premiums by 20 percent.,Source: “How to Repair the Health Care Law,” The New York Times, July 29, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Environment & Energy: “First Plan”,On June 1, 2017, Trump announcedthe U.S. withdrawal from the Paris Climate Acco

9、rd. 20 percent of the worlds carbon emissions. Take four years to formally withdraw. An issue in the next presidential election. First Plan: Eliminating the Climate Action Plan and the Waters of U.S. rule.,Sources: “Trump Will Withdraw U.S. From Paris Climate Agreement,” New York Times, June 1, 2017

10、. “America First Energy Plan,” WhiteH.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Sorry to pull out, but thats all we can do.,President Donald Trump announces his decision for the United States to pull out of the Paris climate agreement in the Rose Garden at the White House on June 1, 2017. (Pho

11、to by Win McNamee/Getty Images),Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Government Spending: Cut “waste”,Promised to cut waste. Budgeted $4.094 trillion in federal spending in the FY 2018 budget, more than $4.037 trillion budgeted for FY 2017. Instead of cutting spending, he plans to reduce the defic

12、it by bringing in more revenue.,Sources: “FY 2018 Budget.” OMB, May 23, 2017. “FY 2017Budget Amendment.” OMB, March 16, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Myths,Eliminate the Department of Education and the Environmental Protection Administration. Cut the Education Department by $10.4 bill

13、ion and the Energy Department budget by $2.2 billion. Budgeted $574.5 billion for the Department of Defense, 10 percent more.,Sources: “FY 2018 Budget.” OMB, May 23, 2017. “FY 2017Budget Amendment.” OMB, March 16, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Do

14、nald-Trumps-Economic-Plan-特朗普经济政策与评价,Employment: Be the Greatest Job-Producing President in U.S. History,More than 22.3 million jobs. Spend $1 trillionto rebuildU.S. infrastructure, which is the most cost effective way to create jobs. Create jobs by eliminatingoutsourcingand bringing jobs back from

15、Japan,China and Mexico. Keep theU.S. minimum wagewhere it is so U.S. companies can compete.,Sources: “Trumps $500 Billion Infrastructure Promise Creates Metals Rally,” Bloomberg, November 9, 2016. “The Employment Effects of Military and Domestic Spending Priorities”, University of Massachusetts at A

16、mherst Department of Economics and Political Economy Research Institute, October 2007. “Trump Chips Away at Postcrisis Wall Street Rules,” The Wall Street Journal, August 13, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,Debt: Reduce the Debt by Growing the Economy 6 Percent,Too fast for healthy grow

17、th. Would create inflation, a boom-bust cycle and then a crash. Believes in supply-side economics Tax cuts will drive enough growth to make up for the lost tax revenue.,Source: “Trumps Tax Plan and How It Would Affect You.” The Balance, May 19, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,“Borrow kn

18、owing that if the economy crashed, you could make a deal. U.S. will never default because you can print the money.”,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,References:,“America First Energy Plan,” WhiteH. “Donald Trumps anti-immigration stance threatens the heart of American innovation.” The

19、Verge, November 11, 2016 “FY 2018 Budget.” OMB, May 23, 2017. “FY 2017Budget Amendment.” OMB, March 16, 2017. “How to Repair the Health Care Law,” The New York Times, July 29, 2017. “The Employment Effects of Military and Domestic Spending Priorities”, University of Massachusetts at Amherst Department of Economics and Political Economy Research Institute, October 2007. “Trump Chips Away at Postcrisis Wall Street Rules,” The Wall Street Journal, August 13, 2017.,Donald-Trumps-Economic-Plan-特朗普经济政策与评价,“Trump Orders Imminent to Renegotiate NAFTA, Back Out of TPP,” CNN Politico, January 23, 20

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