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	Comments on: The Keys To American Prosperity.	</title>
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		By: A.P. Terell		</title>
		<link>https://thyblackman.com/2018/12/04/the-keys-to-american-prosperity/comment-page-1/#comment-280087</link>

		<dc:creator><![CDATA[A.P. Terell]]></dc:creator>
		<pubDate>Thu, 06 Dec 2018 17:48:23 +0000</pubDate>
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					<description><![CDATA[This was a great article to read!  Thanks Curtis.

I would like to point out some huge disadvantages to average American middle class people by this four part economic strategy.

1) Lower tax rates give companies the opportunity to raise the salaries of their workers and create more jobs.  Most of the time companies end up using the additional income from tax cuts to: fund additional market research campaigns and new technology development projects, buy back their own company stocks, and finance executive salaries.  None of these options put money into consumer&#039;s pockets.

2) Trade reform helps American businesses compete with international companies who have figured out how to make better products at cheaper prices.  However, most American businesses lost their competitive edge when they stopped making new products (Detroit Auto Industry) and started charging middle-class citizens as much as they could to maximize profits.  If we put laws into place to build them back up, they may end up doing the same thing again.

3) Regulatory reforms allow companies to expand and bring money back into the U.S.  Many of those regulations in place also protect average citizens from being robbed of their land, resources, and good health.  The oil companies for example that want to build new pipelines across America often &quot;redistribute&quot; currently owned land with the government&#039;s blessing (Dakota Access Pipeline).  When the pipelines have leaks &#038; spills it also contaminates the water of the towns unlucky enough to be near the construction sites causing all types of cancer and health issues for generations.

4) Natural gas is a lot better to use than coal or oil.  Not only does the use of coal kill us literally and figuratively, the process of extracting oil from the earth has many risks.  Unfortunately, the process of extracting natural gas is very similar and carries the same risks and is often done side by side with oil.

Positive outcomes can be found in any economic proposal package, but we cannot ignore the huge risks we as middle class citizens are taking when we bet on an plan that President Trump proposes that was ultimately created to make him and his wealthy counterparts a lot more richer.]]></description>
			<content:encoded><![CDATA[<p>This was a great article to read!  Thanks Curtis.</p>
<p>I would like to point out some huge disadvantages to average American middle class people by this four part economic strategy.</p>
<p>1) Lower tax rates give companies the opportunity to raise the salaries of their workers and create more jobs.  Most of the time companies end up using the additional income from tax cuts to: fund additional market research campaigns and new technology development projects, buy back their own company stocks, and finance executive salaries.  None of these options put money into consumer&#8217;s pockets.</p>
<p>2) Trade reform helps American businesses compete with international companies who have figured out how to make better products at cheaper prices.  However, most American businesses lost their competitive edge when they stopped making new products (Detroit Auto Industry) and started charging middle-class citizens as much as they could to maximize profits.  If we put laws into place to build them back up, they may end up doing the same thing again.</p>
<p>3) Regulatory reforms allow companies to expand and bring money back into the U.S.  Many of those regulations in place also protect average citizens from being robbed of their land, resources, and good health.  The oil companies for example that want to build new pipelines across America often &#8220;redistribute&#8221; currently owned land with the government&#8217;s blessing (Dakota Access Pipeline).  When the pipelines have leaks &amp; spills it also contaminates the water of the towns unlucky enough to be near the construction sites causing all types of cancer and health issues for generations.</p>
<p>4) Natural gas is a lot better to use than coal or oil.  Not only does the use of coal kill us literally and figuratively, the process of extracting oil from the earth has many risks.  Unfortunately, the process of extracting natural gas is very similar and carries the same risks and is often done side by side with oil.</p>
<p>Positive outcomes can be found in any economic proposal package, but we cannot ignore the huge risks we as middle class citizens are taking when we bet on an plan that President Trump proposes that was ultimately created to make him and his wealthy counterparts a lot more richer.</p>
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