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What Founding Home Depot Taught Me About President Trump's Economic Policies

m.knox

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Aug 20, 2003
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Trump's economic policy is very simple. Stop telling employers "you didn't build that" and "you aren't paying your fair share."

Simple stuff unless you are a democrat......

Good article by the way. We don't need "MORE SOCIALISM"... We need more capitalism. By the way, Home Depot is hiring...............

http://ijr.com/opinion/2017/07/266417-founding-home-depot-taught-president-trumps-economic-policies/

The U.S. economy seems to be gaining strength. The Dow Jones Industrial Averageboasted an all-time high in recent weeks, the unemployment rate has hit a post 2008 recession low, and stagnant wages are beginning to move.

The economic uptick can be attributable to a number of factors. But there’s one theme in particular that I believe has played the predominant role, our country’s moves towards a more capitalist system under President Trump—more specifically, his initiatives to reduce government red tape and his strong desire for comprehensive tax reform.

Even though this idea, this economic system of capitalism has changed our country for the better, the word has a negative connotation. A connotation that keeps most people from using the term without backlash. But the word itself isn’t important. It’s the results that are produced that matter.

While free market—or capitalist—policies may be heralded as enriching the wealthy at the expense of the poor, the reality is much different. The best social safety net for the less fortunate is free enterprise. In fact, just in the past 20 years nearly 1 billion people have been saved from the ravages of poverty because of the free market. Free enterprise is not the cause of the downtrodden population, it’s the reason it’s disappearing.

Moreover, free enterprise doesn’t just create an environment where individuals have the opportunity to prosper, but makes charitable-giving possible in the first place. It’s not a random occurrence that Americans are the most charitable people in the world. It’s a result of our hard work, entrepreneurship, and free market system. Because in order to give money, you need to make money.

My life is a living testament to that connection.
 
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