• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • EB5
  • Entertainment
  • feedback
  • Government
  • Home
  • Interviews
  • Members
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Politics
  • Polls
  • Privacy Policy
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • Home
  • Muth’s Truths
  • Politics
  • Government
  • Entertainment
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Featured Article

Trump’s first 100 days: A crash course in ‘creative destruction’

Trump’s first 100 days: A crash course in ‘creative destruction’
N&V Staff
April 25, 2017

(Richard Manning) – The 2016 Presidential election was about creative destruction, pitting one candidate, Hillary Clinton, who stood for continuing down the same path that our nation had been on since George H.W. Bush’s election in 1988, against Donald Trump, who promised to rethink everything.

“Creative destruction” is the term MIT economist Joseph Schumpeter used to describe the capitalist process where business constantly seeks product and process upgrades that result in the development of new and improved ways of doing things and new products that drive out the old and outdated ones.

Donald Trump’s first 100 days should be judged on whether he is successfully generating the creative destruction the voters demanded. By any standard, he is doing just that.

The Supreme Court nomination and confirmation of Neil Gorsuch has set the stage for a complete rebooting of the nation’s court system.

Senate Minority Leader Chuck Schumer’s quixotic insistence on denying the extremely well-qualified Gorsuch the votes to achieve cloture resulted in the complete elimination of the judicial filibuster.

This single change will allow Trump to not only appoint hundreds of lower level federal judges without input from the Senate minority, but possibly fill three additional Supreme Court seats, defining the judiciary for generations.  It is quite possible that if the President does nothing else but fill the judiciary with constitutional constructionists, he will be the most consequential president of the first half of the 21stcentury.

Donald Trump’s budget is equally transformational. In proposing the elimination of agencies like the Corporation for Public Broadcasting, National Endowment for the Arts and National Endowment for the Humanities, Trump is signaling that his administration will end government payments to organizations that could be better supported by the private sector.

While many conservatives would prefer that the debate be on the proper role of government, this president is simply saying that programs that force middle class taxpayers to fund upper class wants should end. This isn’t about Robert Mapplethorpe and the like. It’s just a practical business decision that New York and Hollywood elites can support these priorities without forcing the people of the flyover states (who they despise) to pay the freight.

On the economic front, Trump is deconstructing much of Obama’s pen and phone activism with a clear focus on regulations that harm growth. Utilizing the Congressional Review Act process, Congress has passed and the President has signed eleven bills rescinding midnight regulations promulgated in the waning days of the Obama administration.

As a result, domestic energy production will increase, small and mid-sized businesses won’t be strangled with additional paperwork, and federal government encroachment on state powers over wildlife management, education and drug testing for government assistance recipients is dramatically restricted.

Energy development, a key to robust economic growth, has been freed up due to the approvals of the Keystone XL pipeline and Dakota Access pipeline, providing less expensive ways to get oil from Canada and the Bakken Oil fields to refineries. The move to end the coal-industry-killing Clean Power Plant rules will stop the shutdown of coal fired utilities, while new competition between natural gas and coal will force efficiencies in both industries, ensuring reliable low-cost power for a generation.

And perhaps most consequentially, Trump has re-ordered how the United States is going to interact with the rest of the world.

By exiting the Trans-Pacific Partnership, Trump is resetting what it means to be a trade partner with the United States. His Labor Department, working with the Customs Bureau, can be expected to target goods made in places where slave and child labor are encouraged. If you want to end the use of slave labor, why not make it harder to sell those goods in the United States, rather than rewarding these nations with better tariff rates? That is transformational.

Trump has also already met with Chinese Premier Xi Jingping, and, along with Treasury Secretary Mnuchin, has softened the administration’s stance on China’s currency manipulation. At the same time, China is taking a much more assertive role in attempting to end the North Korean nuclear threat before they develop the capacity to destroy Seoul, Tokyo, Hawaii or the western continental United States.  Make no mistake, Trump’s anti-Chinese currency manipulation rhetoric set the table for China to ratchet up the pressure on North Korea, because it gave the United States government something valuable to trade for Chinese help.

Finally, since January 20th, Trump has begun to assert his America first foreign policy, changing relationships for the better through key meetings with the leaders of Japan, Great Britain, Germany,  and Canada, as well as having his Secretary of State meet with his Russian counterpart as well as Vladimir Putin in Moscow.

Creative destruction is not easy and there will be stumbling blocks along the way, particularly when it comes to draining the swamp in Washington, as government — unlike natural free markets — lives in symbiosis with businesses whose livelihoods are impacted by its decisions.

The groaning and complaining about the Trump Administration among establishment voices on both the left and the right can largely be attributed to the uncomfortable movement of these swamp creatures as they are being knocked off their moorings, uncertain about what will happen next — a key attribute of creative destruction at work.

What more could a Trump voter want?

Richard Manning is president of Americans for Limited Government. Follow Americans for Limited Government on Twitter@LimitGovt, find them on Facebook  and visit their website.  This column was originally published by FoxNews.com on April 25, 2017

Prev postNext post

Related ItemsFeatured ArticleGovernmentOpinion
Featured Article
April 25, 2017
N&V Staff

Related ItemsFeatured ArticleGovernmentOpinion

More in Featured Article

Buyers need 40% more income to purchase homes in top metro areas, report finds

The Center SquareMay 16, 2022
Read More

Falling water level reveals human remains at Lake Mead twice in one week

The Center SquareMay 11, 2022
Read More

So You Want to Know Where the Route 91 Harvest Festival Money Is?

N&V StaffMay 10, 2022
Read More

Democratic governor’s group pledges $75 million to reelect seven governors

The Center SquareMay 9, 2022
Read More

Lake Powell operators to withhold water to protect hydroelectric power

The Center SquareMay 5, 2022
Read More

More on the Nevada GOP’s Fouled-Up Pre-Primary Endorsement Process

N&V StaffMay 3, 2022
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Government Opinion Obama Muth’s Truths Ron Knecht News Donald Trump GOP Republicans

Copyright © 2021 Citizen Outreach | Maintained by VirtualAlly

Trump’s New FTC Embracing that Old-Time Free Market Religion
Why I Won’t Let Go of the Las Vegas Trash Contract Fiasco