Trump: “Detroit is the Living, Breathing Example” of Clinton’s “Failed Economic Agenda”

In a major policy speech to the Detroit Economic Club, Republican presidential candidate Donald Trump expanded on his America First platform. Delivering his address from a teleprompter, Mr. Trump called for a temporary suspension of new financial regulations, the boldest tax reform plan since Ronald Reagan in the 1980s, a negotiation of prior trade deals and withdrawing from the Trans-Pacific Partnership.

Today we begin a great national conversation about economic renewal for America – it’s a conversation about how to Make America Great Again for everyone, and especially those who have the very least,” Mr. Trump said. “The other party has reached backwards into the past to choose a nominee from yesterday – who offers only the rhetoric of yesterday, and the policies of yesterday.We are going to look boldly into the future, and with new leadership – and new solutions we will get new results.”

The candidate gave the address after what was probably the worst week of his campaign. He attempted to highlight the economic history of the city run by his opponent’s party to turn it around.

“She is the candidate of the past, our’s is the campaign of the future. This is a city controlled by Democratic politicians on every level, and unless we change positions we will not change the results.”

TAX REFORM

“The city of Detroit is the living, breathing example of my opponent’s failed economic agenda,” he told a largely supportive crowd, where multiple protesters interrupted his remarks. “Detroit tops the list of most dangerous cities in terms of violent crime. These are the silenced victims whose stories are never told by Hillary Clinton, but victims whose suffering is no less real or permanent.”

Mr. Trump laid out a plan to reduce the current seven tax brackets to three and said he would work with House Republicans while using the tax brackets they are proposing as a baseline.

“Jobs, growth and opportunity,” he said about the major themes of his plan. “We will make American grow, again. It will provide a stark contrast to the tax raising, job killing, poverty inducing Obama-Clinton agenda.”

The Republican nominee also criticized Hillary Clinton’s record of job creation during her tenure as senator of New York, citing a recent report from The Washington Post. She pledged to create some 200,000 in upstate New York, which the report called a broken promise. The Post reported she not only failed to deliver on the pledge, but manufacturing upstate plummeted by 25% during her tenure.

“Under my plan, no American business will pay more than 15% of their income in taxes,” he said.

He also called for an end to the death tax, which his opponent supports and polls show is widely viewed by voters as a double-tax.

“No family will have to pay the death tax,” he said. “It’s just plain wrong. We will repeal it.”

REGULATORY REFORM

The Republican from New York said he would issue an executive order imposing a regulatory moratorium on new agency regulations and require each federal agency to prepare a list of all of the regulations they impose on American business. His plan also calls for the repeal and replacement of ObamaCare with a market-based plan that arrests the rise in premiums and out-of-pocket costs associated with the president’s signature health care law.

“I want jobs and I want wealth to stay in America. The U.S. economy is 25% smaller than it would’ve been without the excessive regulations since 1980.”

He also vowed to replace bureaucrats with experts who know how to create jobs. Leading up to his economic policy address, the Trump campaign released an initial list of economic policy advisors, who were plucked from the private sector.

“We are in competition with the world and I want America to win.”

ENERGY REFORM

Energy reform has always been a top economic policy piece of any Republican candidate, but the New York businessman took it to an America First level. In addition to allowing Trans Canada to renew its permit application for the Keystone Pipeline, which President Obama denied after his party’s 2014 midterm election defeat, he he would end restrictions on American energy. Studies indicate it would increase GDP annually by $100 billion, create 500,000 new jobs and increase wages by over $30 billion over the next 7 years.

“We need to stop believing in politicians and start believing in the people of our great country,” he said in closing his speech. “Before everything great has happened, the doubter always said it could not be done. America is ready to prove the doubters wrong. They want you to think small. I’m asking you to dream big.”

Democratic presidential candidate Hillary Clinton will address the Detroit Economic Club later in the week.