Change always brings new opportunities, but this kind of change is unprecedented in its size and scope. It is a once in a lifetime kind of change for America.
It starts with eliminating duplicative government programs and agencies that no longer serve the people, and eliminating fraud, waste, and abuse to ensure the government is efficient and effective.
Unleashing the energy sector will make us an energy exporter again and bring down the cost of everything, including food.
The development of our vast mineral resources will enable us to help pay down our national debt and ensure we are independent of hostile regimes.
America is on the road to a new prosperity.
Congress will make the tax cuts permanent. The working class and middle class especially benefit from this. Additionally, Congress will pass legislation that ensures there is no tax on tips, no overtime tax, and no tax on social security.
Consumers will have more disposable income and that benefits your business. Plus, there is a new positive spirit in America. Optimism drives consumer confidence and spending.
The use of tariffs will ensure fair trade with our partners and reduce our trade deficit, which is a hidden tax on all of us.
The threat of tariffs (also) has resulted in Taiwan, Japan, and South Korea making huge investments in manufacturing facilities here. There will be more, plus Apple is investing $500 billion in a manufacturing facility in America rather than China.
Tariffs used as a lever in negotiations will ensure that more foreign countries make major investments in manufacturing here, thus creating more new jobs. Over 70 countries have contacted the White House signalling they are ready to negotiate fair trade.
Made in America will mean something once again.
A nation that stimulates its private sector rather than government incentivizes more private capital investment, producing a growth economy with the following:
- More higher paying jobs
- Lower unemployment
- Lower taxes for everyone
- Low inflation
- Lower interest rates for mortgages, car loans, and credit cards
- More innovation in all sectors of the economy
How else will this benefit your small business?
The administration will reform the banking industry with a renewed focus on community bank lending to small businesses for working capital, inventory financing, and expansion.
The reformed SBA has streamlined its loan process to ensure small businesses get the resources they need to expand.
It is a return to our Founders who used mercantilism to fund the government rather than through taxes.
This administration will leverage the economic power and vast wealth of the United States to make this happen. There is a lot to fix, but a transformative opportunity economy is headed our way.
Are you ready?
Whether your need a strategic review, discussing the next step, a more effective social media campaign, new market differentiators, targeting a new demographic, or launching a new branding campaign to reach more potential customers, now is a good time to prepare for a transformative opportunity economy.
See what Latham Wade can do for you!
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