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October 22, 2016

Trump Thinking About 2012 Presidential Bid, Calls Out China and OPEC

Chris Haston
Chris Haston

When it comes to the Presidency of the United States of America, it is not unusual for a celebrity to want the job. While it might not be how most Americans remember him, Ronald Reagan was an actor before he even took a stab at politics. And Arnold Schwarzenegger will forever be remembered for his acting more than his politics, as it is unfortunate for the Austrian Oak that he is ineligible to run for President despite his desires.

Now there’s a new name in the mix.

In 2012, President Obama will be running for reelection against the winner of the Republican Primary. Some are speculating that it will be Sarah Palin. Others are torn on who could even stand a chance against Obama.

Donald Trump is banking on himself.

While he has yet to officially throw his name into the mix, Trump is weighing the pros and cons of running in 2012.

Trump said, “I am seriously thinking about it. I won’t make a decision till June, but I will make a decision and it may surprise people frankly, but I will make a decision sometime prior to June.”

Trump went on to say that America is in bad shape and needs to be brought back up to the standards we as Americans demand. He said, “I love this country. I hate what’s happened to this country. We’re a laughingstock throughout the world. We’re not respected.”

Trump said that one of his main points if he becomes president would be to overhaul the foreign policy. Trump said on “Piers Morgan Tonight,” “The first thing I would do is announce very strongly that we’re going to tax Chinese products, twenty-five percent tax on all Chinese products. They will come to the table immediately and stop manipulating their currency, which they’re doing. I see them as the enemy. They want to take over this country economically. They are not really outcompeting, they are cheating.”

Trump then called out OPEC. He made no bones about how the twelve men decide the gas prices that Americans pay and it simply is not right. He made it clear that is it time to put an end to OPEC’s power.

While Trump’s ideas may be radical, that does not mean that they would not work.

Trump will spend the next few months deciding if he will in fact run for President. Even if he chooses to sit out the 2012 election, he can still contribute to the winner with words of advice on how to rebuild the economy.

2 Comments on Trump Thinking About 2012 Presidential Bid, Calls Out China and OPEC

  1. U.S. Federal Leadership’s Unresponsiveness to Combating China’s Innovative Beggar-Thy-Neighbor Strategy over the Last 10 Years!

    The Chinese Government gets result by managing its economy; therefore received the highest governmental trust ranking of 88% in the 2011 Edelman Trust Barometer®. The U.S. Government may not even deserve the 40% rating because it has done little if nothing to combat China’s innovative beggar-thy-neighbor strategy.

    Four deficits gave birth to the book and movie I.O.U.S.A, namely, the leadership, trade, savings and the fiscal deficits. Following the releases of the I.O.U.S.A. book/movie, the better financed special interest groups caused the fiscal commission to become a reality, leaving the remaining three deficits, most relevant to the middle-class, to fall by the wayside. These 3 middle-class-relevant deficits, namely the leadership, trade and savings deficits are most causal to our current economic plight, while the fiscal deficit is primarily the result (effect) of the first three. I.O.U.S.A. treatment of the trade deficit was framed in the context of Warren Buffett’s parable Squanderville versus Thriftville. The portion of my post, titled, An America Lost in Squanderville deals with the trade deficit:

    The United States’ trade gap is the proverbial “leak-in the-dike” with its de-simulative effect on our recovery. In November 2003, Warren Buffett in his Fortune, Squanderville versus Thriftville article recommended that America adopt a balanced trade model. The fact that advice advocating balance and sustainability, from a sage the caliber of Warren Buffett, could be virtually ignored for over seven years is unfathomable. Media coverage that China has kept it currency undervalued is a gross understatement, it has actually been keeping the U.S. dollar over-valued; which adversely affects all U.S. trade with ALL U.S. trading partners, not just trade with China. Until action is taken on Buffett’s or a similar balanced trade model, America will continue to squander time, treasure and talent in pursuit of an illusionary recovery.

    The Leadership deficit can be best addressed with campaign financing reform that really works. The savings deficit can be best addressed with increased productivity, similar to Japan post-WWII economic miracle pioneered by W. Edwards Deming, an American statistician and replacing federal employment and most federal income taxes with a federal consumption tax, like those used by most industrialized countries, except the United States.

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