Economic Boom by 2027

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   Ken Burgessposted 4 days ago

   Regardless of what either the Biden or Trump Administration has said... we have been in a recession for the last 3 years.
   
   Thanks to the changes in taxation made by the Republicans/Trump-Administration, America is about to become the global haven for corporations looking to invest in new manufacturing and business efforts. 
   
   The 2017 Tax Cuts and Jobs Act enacted under the Republican-controlled Congress and Trump Administration, helped position the United States as the world's top destination for corporate investments in manufacturing and new business ventures.
   
   But that wasn't enough.
   
   The "global haven" status is now legitimate due to the 2022 CHIPS and Science Act, and 2025 trade policies, new tax breaks and tariffs brought under Trump's 2nd term.
   
   The One Big Beautiful Bill lowered effective corporate taxes to ~18% avg., spurring $500B+ in annual investment. Small businesses get permanent 20% QBI deduction, encouraging manufacturing startups.
   
   This bill supercharges the TCJA's foundation, making the U.S. even more attractive for FDI (Foreign Direct Investment) by locking in low taxes and slashing regulations.

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      Sharlee01posted 3 days agoin reply to this

      I agree with your points, and I’d add that the boom we’re beginning to see isn’t just the result of tax reform, it’s also from the massive wave of both domestic and foreign investment his policies have attracted. By cutting corporate taxes, removing suffocating regulations, and renegotiating trade deals to favor U.S. production, Trump has made America the go-to destination for global capital. Major manufacturing, tech, and energy companies are moving operations back home, while international investors see the U.S. as a safer, more profitable environment. On top of that, his efforts to secure access to rare minerals, critical for semiconductors, electric vehicles, and defense technologies, help insulate our economy from dependency on unstable or adversarial nations. That combination of investment, energy independence, and industrial expansion could create the most sustainable growth cycle we’ve seen in decades. In my view, we will see a boom in our economy before Trump leaves office.

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         Readmikenowposted 2 days agoin reply to this

         I believe all the necessary economic pieces are in place for a huge American economic increase over the next several years.  Tariffs are making companies around the world open up manufacturing plants in the United States.  They are also providing important income to the US treasury.  Deporting illegal immigrants is stabilizing worker's wages.  If things keep going this way they'll certainly be some good time ahead for the US economy.

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      2. 73

         Ken Burgessposted 44 hours agoin reply to this

         A lot of foreign nations and international corporations have agreed to invest billions... trillions... into new businesses and industry in America.
         
         This is what one should expect, when nations are re-aligning along a newly created divide.
         
         There are those that are going to align solely with China/BRICS and there are those that are going to align with America and there are going to be many that try and remain neutral and use both to their benefit.
         
         There are those that are concerned with China's growing military might and threats of aggression... Industries that are predominant today in China and/or Taiwan need to be re-located or re-built in America.
         
         If America does not willingly relinquish its prominent position on the global stage (Obama was the first President to openly talk of doing such) there will come a time when the two divide - divorce from one another ... and/or enter into a true world war to settle who dominates the globe. 
         
         This is very much part of Trump's global travels these past weeks, strengthening alliances and getting commitments.

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         1. 84

            Sharlee01posted 43 hours agoin reply to this

            Ken,  That’s an interesting breakdown, and I actually see the logic in some of what you’re saying. Still, I think it’s important to remember that global investment in America isn’t just about “choosing sides” in a new world divide,  it’s also a recognition of the U.S.’s enduring strength, consumer base, and innovation.
            
            We’re still the richest nation in the world, and we continue to lead in innovation, technology, and overall stability,  which are exactly the qualities investors and allied nations look for. There’s a reason people say, “so goes America, so goes the world.” Our economy drives global markets, and when America moves, the world follows.
            
            We also remain at the center of global finance. The U.S. dollar is the world’s reserve currency, and that gives us tremendous influence over banking and trade worldwide. Whether nations like it or not, America’s financial strength still underpins much of the global economy.
            
            Trump’s recent global outreach certainly fits into that picture, reinforcing economic alliances and signaling that America intends to remain the center of gravity for growth and security. If this really is a time of realignment, then Trump’s push to reindustrialize and secure supply chains at home makes even more sense, not as an act of war or division, but as preparation for a more self-sufficient, resilient America in an uncertain world. I think, does he have the time to  Trump has us headed on the right path. However, does he have the time?

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            1. 73

               Ken Burgessposted 43 hours agoin reply to this

               The US dollar is about 50% of the world's Reserve today.
               
               Prior to the Biden years it was close to 65%.
               
               Prior to the Biden years... BRICS was more of an idea than a true alternative to America/SWIFT. 
               
               Today their are nations that used to sell oil only via the Dollar that today refuse to use the Dollar at all.
               
               BRICS nations currently represent more than half the global population and about half the global GDP.
               
               The investment you see into America today... is a result of what you say... is a result of Trump's efforts... and is most assuredly a result of those nations recognizing what China is becoming and realizing that if America faulters China WILL be dictating from a position of power and strength to the rest of the world.
               
               If nothing else, they want America to remain a restraining counter to China's ambitions and goals... if America as the world's lone super power was tough to take since 1990... no telling what the world would be like under China's global domination that no country could stand against.
               
               Did some checking...
               
               2016 - 2019 (annual avg.) ~63.5 Stable under Trump
               
               2021 - 2025 (Q2) Post-Biden Average ~56.3
               
               Biden's sanctions "shoved" de-dollarization "into overdrive," potentially costing the USD 5–10% more share by 2030.
               
               The seizure of Russian assets set the global community in search of an alternative source by which to secure reserves and trade.  BRICS became that alternative that many nations lined up to join.

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               1. 84

                  Sharlee01posted 30 hours agoin reply to this

                  Ken,  I think you make several thoughtful points about the shifts in global finance and the growing challenge BRICS presents to the dollar’s dominance. There’s no doubt the world is changing, and that other nations are exploring alternatives to the U.S.-led financial system, especially after the sanctions on Russia. Still, I think it’s easy to overstate how quickly this transition is happening. The dollar remains deeply embedded in global trade, debt markets, and reserve holdings, and even countries within BRICS continue to rely on it for stability.
                  
                  I also think some of what we’re seeing isn’t entirely tied to one administration or another. The slow decline in the dollar’s reserve share has been underway for decades, driven by broader globalization trends rather than any single policy shift. That said, I agree that strong American leadership, like Trump emphasized,  does play a big role in keeping confidence high. From what I see, Trump is doing a good job reintroducing us to the world and laying down new ground rules that remind our allies and rivals alike that the U.S. is still a force to be reckoned with. The real challenge going forward will be maintaining that balance of strength and credibility so that America stays the counterweight to China you describe, without isolating itself from the rest of the world.

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                  1. 73

                     Ken Burgessposted 29 hours agoin reply to this

                     "Still, I think it’s easy to overstate how quickly this transition is happening."
                     
                     The original iPhone was announced by Steve Jobs on January 9, 2007...
                     
                     By 2017 the world was running on Cell Phones...
                     
                     In 2003 Amazon added new categories (other than books), including sporting goods, outdoor equipment, gourmet food, health and personal care products.
                     
                     By 2013 Amazon was more valuable than Walmart.
                     
                     Change in the world today is happening very quickly.  Digitalization of currency and transactions, the new use of crypto now supported by the fed... and China (BRICS) using its own versions of crypto and making its own trade deals that exclude the use of the dollar.
                     
                     Ten years (or less) from now... it could be a very different world.
                     
                     If Trump fails in securing America's place at the top now... you can bet America will be inferior to and perhaps even subordinate to China.
                     
                     For America... it is win with Trump now... or ALL Americans will sink with the outgoing tide... and once China has taken that leap ahead of America, there will be NO turning things back...not in our lifetimes.

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                        Sharlee01posted 29 hours agoin reply to this

                        Ken, I completely agree. America’s position at the top of the world isn’t guaranteed,  it takes strong, decisive leadership, like what Trump is providing. With China advancing rapidly in technology, trade, and military power, any delay or weak leadership risks the U.S. falling behind in ways that could be permanent. Trump’s focus on putting America first, strengthening our economy, enforcing fair trade, and projecting strength globally is exactly what’s needed. This isn’t just politics, it’s about ensuring the U.S. remains the dominant power for generations. The work has only just begun, and we need to keep a strong leader in the White House.

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      abwilliamsposted 2 days agoin reply to this

      Economic Boom by 2027?
      
      I hope, I pray --- but all of the people are not on board! So much is working against us, including a large swath of American voters!
      
      The anticipation of "Boom Town" used to excite and ignite all American citizens! Nowadays, half the country has ugly names for it.

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2. 73

   Ken Burgessposted 3 days ago

   A good explanation of it (timestamped):
   https://youtu.be/1aXMXss4cA4?list=TLPQM … &t=448

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