How Trump’s Renegotiation of Climate Change Saves Us All Money

As the rest of the world comes to terms with the withdrawal of the United States from the Paris Climate Change Accord, America is set to move forward economically under the Trump administration.

The president promised to put America first before assuming office. Despite what liberals and some shortsighted conservatives say, that is exactly what he is doing with this move. Trump is preparing to renegotiate improved deals for American businesses that will help to create jobs both domestically and overseas.

During his address regarding the decision to pull out, the president put forth the hard data on just how detrimental the current climate change agreement would be to the United States: 2.7 million jobs by the year 2025. It is this jobs data, not the bluster that liberals want to focus on, that is the major driver of Trump’s actions.

“We don’t want countries and other leaders laughing at us anymore,” Trump said during a press conference announcing America’s withdrawal from the deal. This was the statement that enemies of the current administration took out of context, blaming Trump’s ego for an action they deemed to be rash. Countries as widespread as France, Germany and Italy banded together to protest Trump’s withdrawal, although without the United States in the Accord, it really does amount to nothing.

It should be noted that Ivanka Trump was one of the individuals tasked to bring dissenting opinions to the desk of the president. However, this does not mean that Ivanka herself was against her father’s wishes. It simply means that Donald Trump wanted to hear all sides of the argument before making a decision, and as one of his most trusted advisors, his daughter received the order to bring in opinions from the other side of the table.

All of the talking points that liberals are bringing up against Donald Trump amount to nothing. They also skirt the actual issue of why Donald Trump actually left the Paris Accord. If we look into the hardline economics behind the decision, we find something that no liberal actually wants to talk about – jobs.

The United States entered into the Paris Climate Change Agreement during a time in which jobs in America were more stable. The agreement was also in its ideal state, meaning that all countries pledged to it would uphold their part of it. As is the case with most agreements, some parties end up taking up the slack for lazier constituents.

The United States ended up taking on a great deal of responsibility that should have been spread among the countries of the European Union. However, unforeseen economic disruptions such as the crisis in Greece and Chinese currency manipulation reduced the ability of many European countries to fulfill their part of the agreement.

In order to remain economically feasible, the United States had to pick up the slack. It did so using debt, at a time in which American jobs were beginning to be outsourced overseas. Because of the economic weakness of European countries, the cost of doing business there was much lower. Add to this the currency manipulation of some of those countries, and American businesses found it quite advantageous to move jobs off of the North American continent.

Because American companies were providing more and more of the jobs overseas, those companies were also saddled with more of the financial responsibility of the Paris Accord. European countries felt content to just sit back and watch as American companies expanded, taking on more of the agreement’s financial priorities while other countries hitched along for a free ride.

Employment in America has since changed. The jobs that American companies moved overseas have
started to cannibalize the jobs that are available to everyday, hard-working Americans. Donald Trump made the difficult decision to rein in some of the tax-advantaged outsourcing of jobs, much to the chagrin of many of his business associates. However, he is doing it for the good of the country.

As part of this plan, it is also the job of the American executive to let other country leaders know they will not be allowed to free ride on the American dollar anymore. Other countries now have more of an incentive to build their own infrastructures and businesses.

As Donald Trump renegotiates America’s position in the world, it is sure to benefit the average working American, saving us all money in the long run. Jobs will return, and American companies will hire us first. We didn’t have much farther to sink, truthfully.
Regards,

Ethan Warrick
Editor
Wealth Authority


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