Obama’s Economy Making Trump’s Case for Him

“Hillary Clinton can try to hide her emails from the public, but she can never hide her record of economic failure and betrayal,” said Stephen Miller, Trump’s senior policy adviser.

To make matters even worse, the U.S. trade deficit rose 10.1 percent from April to a seasonally adjusted $41.14 billion, according to a report released by the Commerce Department on Wednesday. This gap proved to be the largest suffered since last August. The exports of goods and services also fell 0.2 percent as imports rose to 1.6 percent.

With the abysmal state of the economy darkly looming overhead, presumptive Republican presidential nominee Donald Trump has to do little work on his own in order to make a case for effective economic and trade reforms because the disaster under the current administration is all too readily apparent.

“The Obama-Clinton globalist trade policies continue to crush America’s middle class while enriching their donors. Millions of American workers are jobless today because of trade policies Obama and Clinton support. Hillary Clinton can try to hide her emails from the public, but she can never hide her record of economic failure and betrayal,” Stephen Miller, Trump’s Senior Policy Advisor, said in a statement this week.

Indeed, the policies supported by both Obama and Clinton – in addition to dismal reports released this week – have led some economists to express grave concerns over the future of the U.S. economy and its trade if the policies continue along their set paths.

“Bad trade agreements permit other nations to boost exports into U.S. markets without accepting comparable amounts of American made goods and services,” wrote Peter Morici, a former Chief Economist at the U.S. International Trade Commission, in an op-ed published on Fox News. “The Obama administration promised thousands of new jobs from the 2012 Korean-U.S. Free Trade Agreement, but it actually boosted the trade deficit by $16 billion and helped push unemployment up by 130,000.”

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Morici also noted that Obama’s Affordable Care Act, with its “mandatory overtime and higher minimum wages,” has “helped to raise the cost of employing Americans. This, in turn, has compelled businesses to purchase labor saving devices more quickly or close.”

Obama’s increasing pushes to implement the Trans-Pacific Partnership – a proposal that Clinton once supported, but has since stepped back from under pressure – also causes some economist major concern.

Calling the TPP a “sweeping 12-nation regulatory pact that empowers an international commission of unelected foreign bureaucrats to rule on everything from U.S. border controls to our food, drugs, energy and Internet,” Curtis Ellis, the Executive Director of the American Jobs Alliance, wrote in a Friday op-ed in WND that the TPP has become a central issue of the 2016 presidential campaign.

“Donald Trump stridently opposes the globalist pact and promises to withdraw from TPP on his first day in office,” Ellis wrote. “In contrast, Hillary Clinton touted the pact as the ‘gold standard’ when she was secretary of state. She has since modified her stand under pressure from Bernie Sanders. Like Trump, Sanders opposes TPP. Hillary now says she doesn’t support TPP ‘in its current form.’”

Ultimately, Ellis believes that out of all current options, a Trump presidency is the only real hope Americans have for a better and stronger economy.

“TPP would lock in major parts of Obama’s globalist open-borders agenda, and he fears the next president and Congress could be far less likely to approve it,” Ellis wrote. “A Trump victory in November is the only rock-solid 100 percent guarantee the misbegotten Trans-Pacific Partnership does not become the law of the land.”