President Trump is confronted with economic difficulties marked by high inflation, a massive national debt, and a weak labor market. To realize a new "Golden Age," Trump must engage his administration in a whole-of-government effort involving strategic energy production, tax cuts, reduced regulations, and smart international trade negotiations. By boosting energy exports and exploiting the U.S.'s competitive advantages, he can tackle the cost-of-living crisis and improve America's economic standing while promoting growth and reducing the trade deficit.
America needs to increase energy production, cut taxes and regulatory red tape, renegotiate international trade, and drastically cut spending out of Washington, D.C.
Reducing taxes and burdensome regulations will create a more business-friendly environment for American energy producers. That will reduce costs and increase production.
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