Donald Trump is already helping the working class

It’s not uncommon for a Republican to be pro-business. But President-elect Donald Trump showed Tuesday night he’s pro-worker, too, by saving 1,000 jobs at the Carrier plant in Indiana.

His standing up for the blue-collar workers who helped get him elected is no small feat, even for the very accomplished billionaire, who has a long record of delivering under budget and on time.

Sure, it’s unusual for a president-elect to interject himself in the economic mechanizations of a specific company — let alone the economy writ large — but everything about Trump being the next president is unusual.

Granting tax breaks to keep jobs here in America may not be the purview of the president, but who can dispute the optics: While announcing his economic team of Steve Mnuchin for Treasury and Wilbur Ross Jr. for Commerce, Trump was keeping his promises to working Americans — and proving their trust in him wasn’t misplaced.

The brutally battered blue-collar voters, long played for suckers as supporters of the Democratic Party’s false promises and phony hope, are no longer looking to their union bosses to tell them how to vote.

They put their faith in a man who by and large made 95 percent of his fortune all on his own by getting along with contractors and plumbers and electricians. He’s a builder, first and foremost.

The Republicans may not have known what they had in Trump; the mainstream media and Beltway bureaucrats certainly didn’t. But the blue-collar voting base liked what it saw and now likes what it has. Real, tangible victories, and he hasn’t even held office for a single day yet.

The American worker has won more here than just victories against Carrier and Ford (which last week agreed to keep production of an SUV line, the Lincoln MKC, in Louisville rather than moving it to Mexico).

Meaningful tax cuts for both business and blue-collar and white-collar taxpayers will make the calculus of leaving America to do business elsewhere less advantageous. As will the rollback and replacement of stupid growth-constricting regulations. America has won with a billionaire businessman who gets down to business before even being sworn in.

Trump isn’t waiting until January to work to turn the economy around, and that’s a major problem for the Democrats.

Working hard is in, hardly working is out. In Indiana and the rest of America, happiness just trumped hope.

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(Source:nypost.com)
Photo:AP

Donald Trump Stepping Away From Business

President-elect Donald J. Trump announced on Wednesday that he would hold a news conference with his children on Dec. 15 to announce that he would be “leaving” his “great business in total,” but details were scant. More immediately, he will travel to Indiana to announce the saving of 1,000 jobs with the Carrier air-conditioning company.

Mr. Trump said on Wednesday that he would leave his “great business in total” before moving into the Oval Office, promising further details next month about his efforts to avoid conflicts of interest as he becomes the nation’s 45th president.

It is unclear whether the steps Mr. Trump is prepared to take would be enough to satisfy ethics experts who say that putting his children in charge of the business would not be enough to ensure that his official decisions are independent of his personal financial ones. His daughter Ivanka has attended several meetings with heads of state since the election, and she would be one of the main officers of the Trump Organization.

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(Source:nytimes.com)

Confirmed: Donald Trump Picks Steven Mnuchin and Wilbur Ross for His Cabinet

Mnuchin will be Treasury Secretary, Ross will lead the Commerce Department.

President-elect Donald Trump has filled more top posts on his economic team — picking former Goldman Sachs executive Steven Mnuchin as treasury secretary and financier Wilbur Ross to lead the Commerce Department.

Mnuchin is confirming that he and Ross are joining Trump’s Cabinet, pending confirmation by the Senate.

He tells CNBC’s “Squawk Box” in an interview Wednesday that “we’re thrilled to work for the president-elect and honored to have these positions.”

Mnuchin says “sustained economic growth” is the chief priority of the incoming administration and he says “we can absolutely get to sustained 3 to 4 percent” in the gross domestic product.

He’s also outlining what he calls “the largest tax change” since President Ronald Reagan — cutting the corporate tax rate to 15 percent, a “big” middle-class income tax cut and simplifying taxes.

Mnuchin led Trump’s finance operations during the presidential campaign and became close to the president-elect and his family.

Ross is a billionaire investor who’s considered the “king of bankruptcy” for buying beaten-down companies with the potential to deliver profits.

Mr. Trump praised Mnuchin as a “world-class financier, banker and businessman” in a statement.

“Steve Mnuchin is a world-class financier, banker and businessman, and has played a key role in developing our plan to build a dynamic, booming economy that will create millions of jobs,” he said.“His expertise and pro-growth ideas make him the ideal candidate to serve as Secretary of the Treasury.”

In his own statement, Mnuchin said he was “honored” To have a role in the incoming administration.

“I understand what needs to be done to fix the economy,” he said. “I look forward to helping President-elect Trump implement a bold economic agenda that creates good-paying jobs and defends the American worker.”

Mnuchin spoke with reporters Wednesday at Trump Tower about his appointment and his priorities for the incoming administration.

“Our first priority is going to be the tax plan and the tax plan has both the corporate aspects to it — lowering corporate taxes so we make U.S. companies the most competitive in the world, making sure we repatriate trillions of dollars back to the United States, and the personal income taxes where we’re going to have the most significant middle income tax cut since Reagan,” he said. He added that the administration intends to implement the president-elect’s child care program, which Mnuchin predicted would be a “tremendous boon to the economy.”

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(Source:fortune.com;cbsnews.com)
Composite:Getty Images/ AP

It is official, Donald Trump won Michigan

Donald Trump has officially won Michigan, the final state to be awarded and the capstone of Trump’s unlikely run of narrow victories in the Midwestern states that will deliver the first-time political candidate to the White House.

Michigan’s Board of Canvassers certified the results on Monday afternoon in Lansing. Trump won 2,279,543 votes (47.6 percent), according to the certified results,  10,704 more than Hillary Clinton’s 2,268,839 (47.4 percent).

Trump becomes the first Republican presidential candidate to carry Michigan since George H.W. Bush won it in 1988, breaking a six-cycle Democratic winning streak.

That adds Michigan’s 16 electoral votes to Trump’s already impressive tally of triumphs in the Midwest. Trump carried Pennsylvania and Wisconsin — states that had last voted Republican in 1988 and 1984, respectively, by margins only slightly larger than his advantage in Michigan.

Trump also easily flipped Iowa and Ohio, perennial battleground states that President Barack Obama had carried twice.

But like Pennsylvania and Wisconsin, there are indications that Green Party nominee Jill Stein is planning to contest the results in Michigan. Stein, who won 51,463 votes (1.1 percent) in Michigan, according to the official canvass, has hired former state Democratic Party chairman Mark Brewer and has until Wednesday to request a formal recount, which is estimated to cost nearly $800,000.

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(Source:politico.com)
Photo:AP