“Trump Wins! … Why? … What Now?”
Ty J. Young Editorial
One of the most shocking and exciting election outcomes in American history, perhaps world history, occurred in the early morning hours of November 9, 2016. Donald Trump defeated Hillary Clinton in a bitter, long campaign for the American Presidency that sent shockwaves around the world. Trump’s election was a repudiation of the Obama years’ excesses, and a clear statement that the public was seeking change. It was not just Democrats who lost this election – Republican elites and the entire D.C. establishment was rejected by the American people. They were essentially saying: we are fed up with the failure of your policies. The consequences moving forward will be profound.
So, why did Trump win and what should we expect from the first 100 days of a Trump Administration?
I. Why Trump won:
1. His message was positive … make America great again! Fair trade, national sovereignty, strong dollar, pro-growth business plans, anti-political correctness … Trump was called a populist and a nationalist, but his policies were truly conservative. Those policies served as a rejection of the Obama era, and a return to reasonable and restrained national government.
2. Appealed to the American worker – like Reagan did. “Reagan Democrats” first identified in Michigan back in 1980 went strongly for Trump. They identified with the message, and intuitively understand that free trade did not always mean fair trade. Things may not change overnight, but they were looking for a voice to represent them, and they found it in Trump! Many leftists have been describing an impenetrable “blue” wall of states since the early 2000s, made up of the elites on the coasts, Midwest blue collar voters, young millennials, new Hispanic voters and minorities. Comically, no one ever stopped to consider the realignment they were describing would, in fact, drive these “groups” together – including the largest group, blue collar whites! Instead of a blue wall of states which are blue, consistently voting Democratic, the left has instead driven more states into the Republican column. The reliably blue Wisconsin, Pennsylvania, and swing-blue states Ohio and North Carolina went solidly Republican, as the vote did realign … in favor of Republicans.
3. The American voter revolted against media bias. Every major media outlet was aligned against Trump. You did not need WikiLeaks to prove it – it was publicly self-evident. Every major pollster was wrong as well. The public rejected elite media telling them what to do, what to think, and what to say. It was a refreshing rebuke, and a uniquely American tradition … sticking it to the establishment!
4. His opponent was weak and damaged. She was weak in relating to the working person, and damaged because of corruption charges. She was never “likable enough” as Obama once quipped. She could not relate to the regular person. The publicly available evidence led most to conclude she was corrupt. Most Americans recoiled in horror at putting our national secrets on a server in the closet. She was being investigated, and the Clinton Foundation appears to remain under investigation. She called half of Trump’s voters “deplorable.” She always appeared insincere. Lastly, her policies were mostly rejected by the public. She was by far one of the poorest general election candidates a political party could ever pick.
II. What Trump will do in the first 100 days:
1. Kickstart the economy. Tax reform … fair trade … cutting government spending … increase spending on infrastructure and defense … and most importantly – DEREGULATION! The end of Obamacare, combined with rescinding regulations on finance, banking, industry, energy, and getting government out of the marketplace will unleash small and medium-sized businesses to hire, spend and expand! This will be a pro-growth agenda that we have not seen since the Reagan era.
2. Repeal Obamacare. This one is easy, predictable and promised. The law was passed through reconciliation, with no Republican input, and has been a colossal failure. You do not have to be Republican or Democrat to be able to do first grade math. Obamacare was a disaster well before Nancy Pelosi said, “We have to pass the bill so that you can find out what’s in it.” In addition to Obamacare, we will see most, if not all, Obama executive orders rescinded.
3. Nominate a Supreme Court justice. So many issues, so little time. Keeping the Supreme Court from turning permanently progressive for the next 40 years was about as important of an outcome as any other. Regardless of who you were for, the Court should be grounded in the Constitution. Activists selected by Hillary would have been driven by ideology that does not sanctify original intent. Second, Fourth or Fifth … you name the Constitutional amendment, and it was saved, for now, with the Trump election.
4. Build the Wall. Legislation will be introduced to build a wall. There are no details as to when it will start, nor how he will get the money back from Mexico. But this is a promise from day one of his campaign, and it will be one of the first actions he takes. Securing the border to ensure sovereignty, and safety was paramount to Trump and Trump voters. Muslim immigration will be slowed, and no large number of Syrians will be entering the country. The rule of law, in all aspects of society, will be reinforced.
There are the expected, less inspiring, responsibilities that may be forthcoming. They would include a special prosecutor for the email scandal, the ongoing Clinton Foundation scandals, and possibly in the never-closed IRS scandal. Clearing out the political hacks in the Justice Department and the FBI. The tasks facing the country to right the ship of state may not be completed during a Trump administration. At least, at this point, we can all begin anew with the task of “Making America Great Again!”
The pro-growth economy we should gain from a Trump administration will affect the markets in many ways. Regardless, it is important to make sure your money is protected from the downside, while enjoying the gains of any positive Trump affect! At Ty J. Young Inc., we specialize in helping people protect their money from market risk and earn a reasonable rate of return. If you want to make sure you keep your hard-earned retirement dollars regardless of how the stock market performs, give us a call to learn more! 877-912-1919