Analyzing Trump’s economic strategy and its impact on American voters

Analyzing Trump’s economic strategy and its impact on American voters
Credit: Reuters

Sir John Ket, the former Prime Minister, claims that Donald Trump will win the 2024 election campaign because he deserves it. In an interview, he explained ‌why choosing Trump could prove beneficial for the United States’ economy. As a director of a tech company, Key has been involved in the US business for many years. 

He sees Trump’s “America First” policy proves beneficial to America. However, this policy might not be as beneficial as America’s for other countries like New Zealand. Key argues that certain factors boost the US economy. And Trump will support these factors. 

It includes free markets, reduced government regulations, and lower taxes. At the same time, Trump’s isolationist approach may create different challenges for international relations. Particularly for‌ nations that rely on the United States. Key believes the economic benefits of less regulation and lower taxes outweigh those concerns. According to Key, the thought of Trump strengthening the US economy makes him the better candidate to select. 

Sir Key also said that Kamala Harris’ views on the economy are left-wing. Her ideas are more like Senator Bernie Sanders’s than President Joe Biden‘s. He also said that if Harris had her own rules and regulations, then her thoughts may fail and would not work well. 

The chances of Trump’s victory were 98% before Joe Biden stepped aside and Harris became the Democratic Candidate. 

While Harris gave new energy to the Democrats, Sir John thinks people are now turning back to Trump. He believes if Trump focuses on the economy during debates, he will win. However, if the debates are about other issues, Trump might lose. But in Sir John’s opinion, Trump still has the advantage in the race.

Now, according to his calculations, Trump’s winning chances are 55%, while Kamala Harris has a 45% chance. 

Donald Trump, the Republican candidate, wants to undo ‌Biden’s climate policies. He also has a desire to make big changes in trade and immigration and reduce government rules. The idea of a candidate is different from Sir John Key’s. John supports both conservative economic ideas and social freedoms.

Maganomics is the plan of Trump, whose aim is to reduce regulations and bring back American factories. He also wants to add high taxes, such as tariffs on goods from other countries such as China. The amount of tax will be about 60%. Experts say that these high tariffs make ‌things more expensive, especially for ‌low-income families. However, John strongly disagrees with these views of experts. According to him, Americans, not China, will pay more because of these tariffs. This high tariff makes the lives of many people harder, especially those who live in the US. Despite this fact, Sir Key thinks that Trump is the better choice for America’s future as compared to other candidates. 

Kamala Harris is taking part in the election campaign to help all Americans. She has many new plans. It includes making the healthcare center better, and giving money to new parents and first-time homebuyers. Lower taxes for small businesses, and raising taxes on big companies. If she wins, then in American history there could be the first woman president who governs.

Her economic plan is known as “Kamala-nomics.” The main focus of her plan is to focus on higher taxes and more rules for businesses. Her opponents say that she has not supported the free market and that she also increases taxes. 

While she now promises to protect low- and middle-income Americans from high taxes, some people worry that her plans could hurt small businesses. They think her new rules might make it harder for businesses to grow and be creative. Overall, her approach could create problems for the economy and the growth of businesses.

In America, the election is coming soon, and either candidate could become the winner. He confesses that his favourite candidate has some flaws. He also knows the Trump’s blunder when he said the 2020 election was stolen.

Still, he believes that if Trump were to lead a party in New Zealand, he wouldn’t be elected there. This highlights the differences between the two countries. He notes that America is divided, with Trump appealing to people in middle America who feel ignored. With early voting already happening, people will soon know who America chooses and if Sir John’s pick was right.

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