CommentsMY TURN-I woke up in the middle of the night and thought I was having a bad dream. It took me a few seconds to realize that Donald Trump had been elected the next President of the United States.
So, I pulled the covers over my head and decided to stay in bed for the next four years.
That lasted till about 8:00 a.m. when I gingerly checked my cell phone, not knowing what other news I was going to receive. My youngest granddaughter, who just turned eleven, had sent me a text (that is how we communicate with this generation) which said, "How are you doing? I am in shock because he has not only been so mean to so many girls that he has already hurt this country. Let's talk more after school?”
Before I got the chance to call she sent another text later saying, “He is not only rude to women but took away a chance from someone else who actually cares about this country. Best of luck America!"
I will explain to her that he didn't take away the chance from Hillary Clinton ... the American people voted to have him as our next President. Later on, I received a text from my eldest granddaughter who is a freshman at University in Arizona. It said, "Hi Gram! A bit scared for our country honestly!!! How are you feeling?”
As the resident politico in the family I am the source of all political information. (At least I have managed to make them believe it.) I was delighted they asked me how I was feeling! This situation occurred all over the country. Many parents and grandparents were in the difficult position of trying to calm fears.
Wednesday morning I went to my class on Current Events. I find it helpful to see how other people think about issues of the day. If there were any Trump supporters in the room, they were very quiet. The hundred or more sitting there reminded me of attending a wake without the refreshments.
I learned that the President and Vice President can't be sued while in office. That means Trump's two trials scheduled for November and December can't be continued. If they are, they will have to wait four years...or maybe eight.
I also learned that if the Republicans and Trump keep their promise about seeking a criminal investigation of Hillary Clinton, President Obama can issue a certain kind of pardon before he leaves office. It doesn't mean she has to admit guilt. It will stop those congressional witch hunters from continuing their thirty-year battle with the former Secretary.
After watching the analysis practically all day, I'm not going to talk about the mechanics of the election. You all must be saturated by it as well. I would like to discuss some of the ramifications of the "First 100 days of the Donald Trump Presidency," especially the international trade part.
We cannot manufacture products for all of our needs. That is the reason we have a global economy. As an example, making a men’s white shirt in the United States would probably cost $40. This means the people making the shirts couldn't afford to buy them. By the time the apparel manufacturer buys American textiles and trim, equipment, and pays a decent wage and benefits, it becomes too expensive.
That is why thousands of men’s shirts are available for $12.99. We are able to buy something in our budget and we have enabled people in another country to be able to buy necessities.
How many of you buy clothes because of where they are made? Other than certain items which can be almost completely automated or hand made for the couture fashion labels, we need to manufacture our clothing in another country.
On the other hand, the United States is a huge exporter of all kinds of products. We are the largest or almost largest agricultural exporters in the world. Our exports provide millions of jobs for Americans. Here’s just a few statistics on our Import/export trade in 2015:
Overall imports to the U.S. in 2015: 2.307 Trillion Dollars
Overall exports from the U.S. 2015: 1.504 Trillion Dollars
U.S. exports to Mexico in 2015: 236.4 Billion dollars or 15.7% of all our exports
Mexican Exports to U.S 2015: 297.5 Billion dollars or 12.9% of all our imports
U.S. Exports to China 2015: 116.2 Billion or 7.7% of total exports
Chinese Exports to U.S 2015: 02.7 Billion dollars or 21.8 of U.S total imports
This is apart from the billions of dollars invested in American Real Estate and Manufactured Products from both countries.
There is no way that Trump can bring the manufacturing industries back to the rust belt. We have to make the things we do best at a price both American consumers and those in other countries can afford.
We benefitted from the products made in the Industrial Revolution, but progressed to other industries. We developed some of the finest technology in the world. Manufacturing jobs now and in the future will be so automated that they will need one or two people as opposed to fifty. Why do we no longer manufacture "buggy whips"? Maybe because horse and buggies are not our main mode of transportation. Then again, they may be quicker on the 405 in the morning.
Last night, as the election returns were coming in, my daughter was at an international meeting of CEO's and top executives taking place in Shanghai. There were around fifty different countries represented, all in the trade exposition industry. They were, as she said, "freaking out.” Since the U.S. election was not a big priority on Chinese TV, I was texting the results as they came in. These fifty countries were afraid of trade wars.
The only comments from Chinese TV were that Trump was an unknown but they didn't expect any affect on their money, the yuan.
It is rather ironic that so many other countries are so much more knowledgeable and interested in the United States than we are in the outside world.
Maybe he can accomplish some good things with a Republican Congress. Infrastructure has been on the table but inactive for the last four years.
We are waiting nervously, along with the rest of the world, to see what he does.
As always, comments welcome.
(Denyse Selesnick is a CityWatch columnist. She is a former publisher/journalist/international event organizer. Denyse can be reached at: [email protected]) Edited for CityWatch by Linda Abrams.