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Trump's Art of the Deal created a new Roarin' '20s.



President Donald John Trump's initial trade deal with Red China cemented the fourth cornerstone of his economic policy that will make the 2020s the best decade since the 1960s.

White House economic adviser Larry Kudlow told the press this morning this deal means President Trump succeeded in getting new trade deals with our four largest trading partners: Canada, Mexico, Red China, and Japan. We sell more than $750 billion worth of goods annually to these nations.

We also have a new deal with No. 7 South Korea. Brexit means a deal with No. 5 England is on the horizon. Make Britain Great Again.

His bilateral trade agreements (trilateral with Canada and Mexico) are business deals. The multilateral agreements politicians make are bureaucratic deals. The Common Market in the 1950s devolved into the European Union with its parliament from Pluto with such nonsense as mandating (and later rescinding) selling eggs by their weight instead of by the dozen.

The deals with our four largest trading partners work better for the United States than the agreements he inherited. This secures one corner of our economy.

The other cornerstones are: immigration, regulatory relief, and repatriating trillions of dollars that American companies squirreled away in other countries.

Cracking down on immigration means American workers are replacing illegal aliens in factory jobs and construction. This boosts wages and employment. An employed people help the economy. The welfare rolls -- particularly in food stamps -- are falling in number.

But he also is reforming our legal immigration program. Instead of importing a vague definition of refugees, President Trump is importing skilled workers. This is a mixed bag. This can repress wages in certain fields, But when 7 million jobs go unfilled, the economy gains when skilled workers decide to move here.

As for regulatory relief, the president is overhauling the bureaucratic approach to business.

Finally, his tax cuts boosted the economy just as the tax cuts by Harding, Kennedy, and Reagan did.

But his tax cut also included an amnesty of sorts on repatriating money made overseas. This also ended the corporate inversions -- moving a headquarters out of the country -- that plagued Obama. His solution was to raise taxes on companies that did so.

Since President Trump's election a little over 3 years ago, the Dow Jones Industrial Average is up 60%.

Harding's tax cuts set up the Roarin' '20s.

President Trump nearly a century later has set up another Roarin' '20s.

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