I say this in part because of my conviction that America is poised to lead the world for another century. Our technology engines, our innovation dynamic, and the ambition and skill of our people will propel our economy and raise our standard of living. America will remain as it is today, the envy of the world.
Warren Buffett was 100% right when he said last week that “the babies being born in America today are the luckiest crop in history.”
That doesn’t mean we don’t have real problems and serious challenges. At home, poverty persists and wages are stagnant. The horrific massacres of Paris and San Bernardino, the nuclear ambitions of the Iranian mullahs, the aggressions of Putin, the growing assertiveness of China and the nuclear tests of North Korea confirm that we live in troubled and dangerous times.
But if we make the right choices, America’s future will be even better than our past and better than our present.
On the other hand, if we make improvident choices, the bright horizon I foresee will never materialize. Let me put it plainly, if we Republicans choose Donald Trump as our nominee, the prospects for a safe and prosperous future are greatly diminished.
Let me explain why.
First, the economy: If Donald Trump’s plans were ever implemented, the country would sink into a prolonged recession.
A few examples: His proposed 35% tariff-like penalties would instigate a trade war that would raise prices for consumers, kill export jobs, and lead entrepreneurs and businesses to flee America. His tax plan, in combination with his refusal to reform entitlements and to honestly address spending would balloon the deficit and the national debt. So even as Donald Trump has offered very few specific economic plans, what little he has said is enough to know that he would be very bad for American workers and for American families.
But wait, you say, isn’t he a huge business success that knows what he’s talking about? No he isn’t. His bankruptcies have crushed small businesses and the men and women who worked for them. He inherited his business, he didn’t create it. And what ever happened to Trump Airlines? How about Trump University? And then there’s Trump Magazine and Trump Vodka and Trump Steaks, and Trump Mortgage? A business genius he is not.
But wait, you say, isn’t he a huge business success that knows what he’s talking about? No he isn’t. His bankruptcies have crushed small businesses and the men and women who worked for them. He inherited his business, he didn’t create it. And what ever happened to Trump Airlines? How about Trump University? And then there’s Trump Magazine and Trump Vodka and Trump Steaks, and Trump Mortgage? A business genius he is not.





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