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President Trump has been hard at work trying to set the economy up for long-term success. And while there have already been some bumps in the road, there have also been some early signs that Trump's plan is actually working.
Democrats have been blasting Trump for those bumps while ignoring the long-term plan. They've focused on the recent market correction while paying little attention to Trump's efforts to address the root issues at the heart of the American economy, like our overreliance on cheap debt and excessive government spending.
Columnist Andrew Shirley pointed out how short-sighted this outlook by the left really is. He said, "They're missing the forest for the trees. What Donald Trump is going to spend the next four years doing is dismantling the economic time bomb that has been forty years in the making."
Shirley acknowledged that fixing these long-term problems would require major changes and undoubtedly rock America's economic boat, but he said in the long term we will be far better off because of it.
He also pointed out that we have already started to see some long-term progress thanks to President Trump. He pointed to the hundreds of billions of dollars from other countries invested into the U.S. manufacturing industry and said the long-term economic benefit of those major investments will be worth the short-term difficulties the stock market might face.
Shirley said, "These gains may not be felt for some time. But the fact that he [Trump] is making these investments now, the fact that he's willing to take the hit in the short term, it's a great sign for the long-term health of the economy."