The Apoplexy Over the Trump Tariffs is the “Trillions at Stake” Part of Our Decade’s Long Discussion 1/2
April 4, 2025 | Sundance |
During one of the 2016 Republican debates, the Wall Street Journal’s Kimberly Stassel challenged Donald Trump on the projected revenue from his proposed tax plan. In essence Stassel claimed some economists doubted the growth factor Mr. Trump projects in his tax proposal.
What was highlighted within the question was one of thelarger hurdles Trump faced as he needs to re-educate an entire generation on a fundamentally new vision of the U.S. economy. A return to a goods-based manufacturing and industry driven economic model.
President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time.
Interestingly, many people have forgotten a 1991 (35 years old) video of Donald Trump testifying before congress– as evidence of him being tuned in to the economic consequences of political activity.
The entire video is well worth watching, because it gives us insight into a very specific moment in time as they discuss the ‘Reagan era’ 1986 tax reform act. (https://youtu.be/Rksd80-FCAw
However, for the sake of this discussion post, I would like to draw your attention to avery specific exchange between Donald Trump and Representative Helen Delich Bently (R-MD).
Representative Bently takes the discussion a little off subject from real-estate and engages Mr. Trump on U.S. manufacturing. Remember, this is 1991. (The video is prompted to @39:24) Watch – it’s only about two minutes:
[Related Note – During Donald Trump’s testimony before congress in this video, Marco Rubio and Ted Cruz were approximately 20 years old.This understanding sets the backdrop for a generation who were disconnected from the previous economic modelbeing discussed within the congressional committee itself.]
In this 1991 hearing, Representative Helen Bently is pointing out an ongoing erosion of U.S. manufacturing.Notice how she references current trade deals and “fair trade” versus “free trade”, sound familiar? It should.
What you will find inall of Donald Trump’s positions, is a paradigm shift he necessarily understands must take place in order to accomplish the long-term goals for the U.S.citizen/worker as it relates to “entitlements” or “structural benefits”.
All other politicians, and even Presidents, begin their policy proposals with a fundamentally divergent perception of the U.S. economy.They are working with, and retaining the outlook of, a U.S. economy based on “services”; a service-based economic model. Consequently, their forecasted economic growth projections are based on ever-increasing foreign manufacturing dependency, and a self-fulfilling prophecy of service-based economics.
While this economic path has been created by decades old U.S. policy and is ultimately the only historical economic path now taught in school,Trump intends to change the course entirely.
Because so many shifts -policy nudges- have taken place in the past several decades, few academics and even fewer MSM observers, are able to understand how to get off this path and chart a better course.
President Trump continually proposed less dependence on foreign companies for cheap goods (the cornerstone of a service economy)and a return to a more balanced U.S. larger economic model, where the manufacturing and production base can be re-establishedand competitive based on American entrepreneurship and innovation.
No other economy in the world innovates like the U.S.A.President Trump sees this as a key advantage across all industry – including manufacturing.
(The whole video of DJT in front of Congress from 1991, when they respected him for his superior knowledge of real estate, is worthwhile and gives us a deeper understanding how he came up with MAGA back in the 70s, 80’s and 90s)
https://theconservativetreehouse.com/blog/2025/04/04/the-apoplexy-over-the-trump-tariffs-is-the-trillions-at-stake-part-of-our-decades-long-discussion/
https://youtu.be/Rksd80-FCAw