Wednesday, January 31, 2018

Some Comments By US President Donald Trump


I read the entire speech given by US President Trump the other day to see if anything he stated specifically dealt with the relationship between Canada and the United States. Here are a number of comments that I thought had some effect on his relationship with us. Exactly what it is, we will find out one day.

Naturally, Canada's name was not specifically set out but there is no doubt in my mind that we are included in part of his remarks. You, dear reader, can decide for yourself if you think I am correct in my analysis. Here are the speech excerpts:

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"Since the election, we have created 2.4 million new jobs, including 200,000 new jobs in manufacturing alone. After years of wage stagnation, we are finally seeing rising wages.

Unemployment claims have hit a 45-year low. African-American unemployment stands at the lowest rate ever recorded, and Hispanic American unemployment has also reached the lowest levels in history.

Small business confidence is at an all-time high. The stock market has smashed one record after another, gaining $8 trillion in value. That is great news for Americans' 401k, retirement, pension, and college savings accounts.

And just as I promised the American people from this podium 11 months ago, we enacted the biggest tax cuts and reforms in American history.

Our massive tax cuts provide tremendous relief for the middle class and small businesses.

To lower tax rates for hardworking Americans, we nearly doubled the standard deduction for everyone. Now, the first $24,000 earned by a married couple is completely tax-free. 

We also doubled the child tax credit.

A typical family of four making $75,000 will see their tax bill reduced by $2,000 -- slashing their tax bill in half.

This April will be the last time you ever file under the old broken system -- and millions of Americans will have more take-home pay starting next month.

We eliminated an especially cruel tax that fell mostly on Americans making less than $50,000 a year -- forcing them to pay tremendous penalties simply because they could not afford government-ordered health plans. We repealed the core of disastrous Obamacare -- the individual mandate is now gone. 

We slashed the business tax rate from 35 percent all the way down to 21 percent, so American companies can compete and win against anyone in the world. These changes alone are estimated to increase average family income by more than $4,000.

Small businesses have also received a massive tax cut, and can now deduct 20 percent of their business income.

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In Detroit, I halted Government mandates that crippled America's autoworkers -- so we can get the Motor City revving its engines once again.

Many car companies are now building and expanding plants in the United States -- something we have not seen for decades. Chrysler is moving a major plant from Mexico to Michigan; Toyota and Mazda are opening up a plant in Alabama. Soon, plants will be opening up all over the country. This is all news Americans are unaccustomed to hearing -- for many years, companies and jobs were only leaving us. But now they are coming back.

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America has also finally turned the page on decades of unfair trade deals that sacrificed our prosperity and shipped away our companies, our jobs, and our Nation's wealth.

The era of economic surrender is over.

From now on, we expect trading relationships to be fair and to be reciprocal.

We will work to fix bad trade deals and negotiate new ones.

And we will protect American workers and American intellectual property, through strong enforcement of our trade rules.

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I am asking both parties to come together to give us the safe, fast, reliable, and modern infrastructure our economy needs and our people deserve.

Tonight, I am calling on the Congress to produce a bill that generates at least $1.5 trillion for the new infrastructure investment we need.

Every Federal dollar should be leveraged by partnering with State and local governments and, where appropriate, tapping into private sector investment -- to permanently fix the infrastructure deficit.

Any bill must also streamline the permitting and approval process -- getting it down to no more than two years, and perhaps even one.

Together, we can reclaim our building heritage. We will build gleaming new roads, bridges, highways, railways, and waterways across our land. And we will do it with American heart, American hands, and American grit.

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