Trump is demonstrating how liberalism stifled the US economy and has made it the strongest in the world

Conrad Black:
Almost indiscernible in the endless tumult about President Donald Trump is the objective return of American might, right on our doorstep. A casual sampler of the Canadian, and even the American, media, might think that the United States was so far along in its decline that the entire process of government and normal public discourse had broken down in that country, and that the much-discussed process of national decline was accelerating in a climate of virtual chaos.

In fact, the economy of the United States is astoundingly strong: full employment, an expanding work force, negligible inflation and about three per cent economic growth. And it is a broad economic recovery, not based on service industries as in the United Kingdom (where London handles most of Europe’s financial industry, while most of British industry has fled), and not based largely on the fluctuating resources markets as has often been Canada’s experience. In the eight years of president Obama, the United States lost 219,000 manufacturing jobs; in the two years of Trump, the country has added 477,000 manufacturing jobs. This was not supposed to be possible, and this time, unlike in the great Reagan boom, it cannot be dismissed by the left (and it was false in the eighties) as a profusion of “hamburger flippers, dry cleaners and people delivering pizza,” (all necessary occupations).

It is clear that China is feeling the heat of American tariffs. Their magnificent hypocrisy of gamboling in a $360-billion trade surplus with the United States while extorting technology from American companies and reducing American high-tech giants like Apple and Google to snivelling on China’s behalf when their sales in that country are reduced, and all the while leading G-77 in cupped-hands requests for relief from the economically most advanced countries for their pollution of the world environment (although China is the world’s greatest polluter), all of it is ending. The United States will not be the world’s premier chump anymore. The most enthusiastic support the United States is receiving in its trade stance with China is from China’s neighbours, from India to Japan. Of course China is the world’s second-greatest power and must be treated with respect, but that does not mean the shameless grovelling of Trump’s predecessors, paying court to Beijing like lackeys kowtowing to the emperors of the Middle Kingdom.

Every U.S. president starting with Dwight Eisenhower has bewailed American dependence on foreign oil. Foreigners then supplied 10 per cent of America’s oil, a figure that rose to 60 per cent under president Obama, and no one has done anything about it, until the past two years, when oil production has been sharply increased and reliance on oil imports has been sharply cut, on its inexorable way to zero. For decades, whenever the U.S. made purposeful noises about doing the necessary to reduce oil imports, the Saudis engineered a cut in the international price and American will collapsed backwards into the contemptible torpor of declining powers. All that has changed. What were for centuries the Great Powers, and for nearly 50 years after the Second World War, the principal Western Allies and the Soviet Union, have been reconfigured. The Soviet Union has been sliced down to Russia with about 40 per cent of the former Soviet population, offering a pallid replication of Gaullist efforts to make France great again by being an annoying gadfly irritating the Americans around the world. Charles de Gaulle was a great statesman, who personified the historic cultural and political attainments of France in its most difficult and dishonoured times; Vladimir Putin is just another chief thug residing in the Kremlin.
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There is more.

Much of the American media is studiously trying to avoid all this good news about the Trump economy and the robust return to power of the US on the world stage.  We are left to remind ourselves on a daily basis just how out of touch much of the American media is not only with half the population but also with the reality of the Trump economy.  Many of them seem to be wishing for economic failure.

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