Will the trump card work for US economy?

Donald John Trump born on June 14, 1946 is an American businessman,

television personality, author, politician, and the Republican Party nominee
for President of the United States in the 2016 election. He is chairman of The
Trump Organization, which is the principal holding company for his real
estate ventures and other business interests.
Donald Trump Listed by Forbes among the wealthiest 400 of The World's
Billionaires, Trump and his businesses, as well as his personal life, have for
decades received prominent media exposure. He hosted The Apprentice, a
popular reality television show on NBC, from 2004 to 2015. In June 2015,
Trump announced his candidacy for president as a Republican, and quickly
emerged as the front-runner for his party's nomination. His platform includes
opposition to trade agreements that he regards as unfair such
as NAFTA and TPP, renegotiation of NAFTA and U.S.China trade
deals, immigration enforcement including the building of a wall along
the U.S.Mexico border, reform of veterans' care, replacement of
the Affordable Care Act, and tax cuts. Trump is a strong proponent of law and
order. He has suggested a temporary suspension of immigration to the
United States from nations having a "proven history" of terrorism against the
U.S. until more precise vetting techniques can be put in place to screen out
potential terrorists; he also believes that the quick defeat of ISIS is
mandatory. Trump's presidential campaign has received extensive media
coverage and international attention. His statements in interviews and at
campaign rallies have often been controversial, with the rallies sometimes
accompanied by protests or riots.
If elected, Trump would become the first U.S. President without prior
government or military experience.
Impact on US Economy under Donald Trump:
Donald Trump campaign's tax plan calls for reducing the corporate tax
rate to 15%, concurrent with the elimination of various business loopholes
and deductions. Personal income taxes would also be reduced; the top rate
would be reduced from 39.6% to 25%, a large "zero brackets" would be
created, and the alternative minimum tax would be eliminated, as would
the estate tax.
During the Republican Party Primary, Trump said that the minimum
wage should not be raised because increasing it would hurt America's

economic competitiveness. However, since becoming the presumptive

nominee for Republican candidate for President he has stated that he is open
to raising the minimum wage, saying: "I haven't decided in terms of
numbers. But I think people have to get more.-Donald Trump
U.S. Economy Would Be Diminished Under Trumps Economic Plan, New
Analysis Says. Report concludes that after trump selected for the presidency
could produce a prolonged recession and heavy job losses that would fall
hardest on low- and middle-income workers adding to this Mr. Trumps taxcut and deregulation proposals would instead provide the economy with
greater stimulus at a time when a slowdown in business investment and
industrial production has raised concerns that the economy could slide into
recession in the next year.
The situation was clearly quoted by Mr. Zandi
There is a gulf between what he says he wants on taxes and
spending and what it will take to make the budget arithmetic work,
said Mr. Zandi.
The adviser close to the Trump campaign said any analysis oversold the
costs of Mr. Trumps trade and immigration policies by failing to account for
how substandard enforcement of trade rules and border controls have
depressed wages for U.S. workers.
On trade, Mr. Trump has said he would use the threat of a 45% tariff on
goods from China and 35% on non-oil imports from Mexico as a negotiating
tool in seeking better trade and currency terms. Moodys calculates that
tariffs on imports from Mexico and China could increase goods import prices
by 15%, raising overall consumer prices by 3%all before factoring in the
costs of retaliation against U.S. exporters.
Trump's tough position on immigration is also seen as something that could
hurt the industrys most reliant on foreign workers, such as agriculture and
the leisure industry, including hotels and restaurants.
At the same time, those types of minimum wage industries could be
impacted by Clinton, if she were to increase minimum wages. Clifton said a
beneficiary of that could be dollar stores, with sales lifted by more spending
power from that wage group.
Conclusion

If Donald Trump wins the election then there will be possibly the following
impact on the Economy:
1. There will be no wall between the US and Mexico, paid for by either
country.
2. Taxes won't change that much.
3. The middle class will continue to get smaller (because it is a
product of a global economy, not anything the president can do
anything about).
4. Obamacare will still be in place.
5. He will have to compromise if he really wants to get things done,
and compromising means working with the left. You can't bully
your way to getting things passed. The president can only do so
much.