Blog 9: Trump's Economic Policy

http://money.cnn.com/2017/04/29/news/economy/trump-100-days-chief-executives/

In the first 100 days, President Trump surrounded himself with business executives. He has met with many CEOs who have helped shape his views on how policy affects the economy and how to create jobs. Most of Trump's executive actions have targeted regulations or specific industries. Trump has failed to deliver on any major legislative priorities. For now, executives are happy with Trump, they know it will take time before any policy changes take root. The Trump administration has changed the tone.

This relates to what we've learned in class because a while ago we learned about polices. In the economic policy the government raises revenue through taxes. If the government spends more than they earn, that contributes to the deficit. If the government earns more than they spend, that contributes to the surplus. Monetary policy is how the government regulates the money supply. Fiscal policy is how the government raises taxes and spends revenue.

One of Trunp's economic policies is to fund Social Security but cutting forgein aid to anti-American countries. Trump opposes cuts in SS and Medicare benefits, which is a departure from his earlier views. He previously wanted to raise the SS retirement age, but has backed away from that and clams that SS should be funded by cutting foreign aid to anti-American countries. I think Social Security is very important and needs funding, but I don't think we should take funding from other countries that depend on us. I think every country needs to be able to provide for its own people and not depend on another country solely, but we all live on one planet and some countries are much more advanced than others, so we should help where we can. Just because some people of other countries are "anti-American" doesn't mean that everyone is, and they deserve to be provided with resources that will help them survive.