Economy

The Trump Effect and Its Global Implications

 

This report is about the “Trump Effect” what its done so far and what it will do in the future. It will examine the effects of Trumps candidacy on students, teachers, minority groups as well as its socioeconomic consequences on a national and international scale.

National Effects
Whether you know it or not the “Trump Effect” has unfortunately taken its toll on America and the presidential race. Its more than obvious that his toxic hate rhetoric has reverberated, even through different candidates desperate for support. Since he is the Republican front runner coupled with his influence, other politicians have adopted this outrageous hate rhetoric to garner more supporters. This inhumane rhetoric is mainly aimed at the Latino and Muslim American communities and unfortunately 31 states have implemented strategies to terrorize and alienate these groups.

In Texas, Gov. Greg Abbott has sued the federal government and a nonprofit relief agency to keep refugees out. Indiana’s refusal forced one family to seek refuge in Connecticut. Georgia is seeking to deny displaced Syrians federal benefits, like food stamps, and keep their children out of school.2 These are just a couple of the examples we’ve seen thus far so imagine how many more inhuman policies are being set in place by various politicians and their sponsors.

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According to an article published by the LA Times4, Donald Trump in office would be detrimental to the nations’ as well as the global economy. The reason being is because his policies are “vague, grandiose or politically unfeasible”. A major sector that would plummet is healthcare because he wants to repeal the Affordable Care Act otherwise known as Obamacare.

Over the past four years under ACA the S&P Healthcare index has risen 86%. This means that any disruption of growth in that sector would most likely have a negative impact on healthcare stocks.

Mr. Trump also plans on enforcing tariffs on exports from China and other nations. A tariff is “a tax or duty to be paid on a particular class of imports or exports”. With that being said China and others, may impose their own tariffs in response, which would most likely result in a tax war. Right now rice is $2.44 a pound, now imagine if it jumped up to $7.80 post-Trump. Puts it in perspective doesn’t it?

Trumps tax proposal is extremely far fetched because he’s proposing tax cuts across all income levels. It sounds good on paper, but what wasn’t said is that it’ll create a $9.6 trillion federal deficit over the next decade which would directly affect federal spending.5
On April 13th, 2016 the Southern Poverty Law Center1 released a study that examined the effects of Trumps’ presidential campaign on students as well as teachers. The survey was conducted by Teacher Tolerance and ranged from K-12 both teachers and students alike. Here are the highlights:

• More than two-thirds of the teachers reported that students—mainly immigrants, children of immigrants and Muslims—have expressed concerns or
fears about what might happen to them or their families after the election.

• More than half have seen an increase in uncivil political discourse.

• More than one-third have observed an increase in anti-Muslim or anti-immigrant sentiment.

• More than 40 percent are hesitant to teach about the election.

Unfortunately his campaign is effecting how our children will think in this country for decades.

This effect can be seen beyond twelfth grade as seen in Southern Illinois University at
Carbondale where racial tensions have increased with Trump’s hate rhetoric. He makes it cool to be discriminatory and prejudiced which is detrimental to stability of our society. One instance describes how Leilani Bartlett, a freshman at SIUC, attended a political forum in her dorm and racial slurs began to be thrown around. A short time after Leilani posted a video on Facebook that’s garnered attention. Another instance at the university describes how two black fraternity members attempted to enter a white fraternity’s party and were denied entry. Who really knows what those reasons were.

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International Implications

On an international scale if Trump becomes president he would damage the global economy and the small ties we have in the Middle East will indefinitely be severed. In an article published by The Guardian an organization called the Economist Intelligence Unit updated their list of global threats, and in twelfth place was the possibility of Donald Trump being sworn into America’s presidential office. The Economist Intelligence Unit an independent business within The Economist Group providing forecasting and advisory services through research and analysis, such as monthly country reports, five-year country economic forecasts, country risk service reports, and industry reports. Trumps anti-Muslim hate speech and his talk of putting troops on the ground in Syria to fight the Islamic State, coupled with his ban on all Muslim travel to the US would result in an increase of jihadist groups. “The spread of IS [Isis] and its influence poses a dilemma for global policymakers, who are under pressure to intervene militarily to suppress the group in its strongholds in the Middle East [especially now that hundreds of thousands of Syrian refugees are seeking sanctuary in Europe], but which in turn would risk reprisals in their home countries by radicalized IS sympathizers.”7 The instability of Greece and the spread of IS may result in more countries leaving the European Union. The spread of Isis would create ripples all over the world and it seems like Trump has some stock in weaponry. Trumps trade policies also have the potential to escalate into a trade war with China.

“A hard landing for the Chinese economy remains the biggest threat to the world economy, according to the EIU. It said China’s manufacturing and service sectors were continuing to deteriorate, hampering the government’s efforts to tackle bad debts that had built up since the financial crisis. Recent plunges on the Shanghai stock market – down 17% so far this year – have undermined confidence in Beijing’s ability to manage the crisis.”

What we need to do!
With the information presented its obvious that something drastic need to be done in
order to keep Trump out of office, but its definitely bigger than Trump. Trump is just a part of a system that allows him and others like him to do what they want to do. The capitalist system is not for the people, it’s for the dollar. Knowing this, we all need to unite as one to combat the system and its various tentacles. The system is for the dollar but we’re for the people, hence the #HUMANECAMPAIGN. The #HUMANECAMPAIGN is for anyone that wants to promote life and have a safer future for our offspring. Whatever your motivation is there a place for you to express that, from police brutality to the school to prison pipeline. These examples are just a few of the issues that affect us nationally as well as globally, change and accountability is needed in order to secure our future.

Written By: Liberty Or Death

WORKS CITED
Trumps effect –Nationally
The Trump Effect: The Impact of the Presidential Campaign on Our Nation’s Schools https://www.splcenter.org/20160413/trump-effect-impact-presidential-campaign-our-nations-schools April 13, 2016 by The Southern Poverty Law Center 1

The Trump Effect and How It Spreads http://www.nytimes.com/2015/12/10/opinion/the-trump-effect-and-how-it-spreads.html?_r=0 December 10, 20152

The “Trump Effect” Alienating Conservative Latinos http://www.npr.org/sections/itsallpolitics/2015/08/31/435584004/the-trump-effect-alienating-conservative-latinos August 31, 2015 by Asma Khalid 3

How Would a Donald Trump Presidency Effect the Stock Market http://www.latimes.com/business/la-fi-agenda-trump-markets-20160307-story.html March 7, 2016 4

Which presidential candidate would benefit your wallet most? http://www.cbsnews.com/news/2016-race-donald-trump-ted-cruz-hillary-clinton-bernie-sanders-tax-plans-impact/ March 18, 2016 by CBS News5

If Donald Trump was President, Heres What Would Happen to the Economy http://www.thestreet.com/story/13335121/2/if-donald-trump-was-president-here-s-what-would-happen-to-the-u-s-economy.html March 11, 2016 by Emily Stewart6

Trumps Effect- Internationally
‘President Trump’ as big a threat as jihadi terror to global economy – EIU
http://www.theguardian.com/business/2016/mar/17/president-trump-sixth-list-major-threats-global-economy-republican-trade-eiu March 17th, 2016 by The Guardian7

The Impacts of Donald Trumps Marketing Campaign
http://www.forbes.com/sites/ajagrawal/2015/12/25/the-impacts-of-donald-trumps-marketing-campaign/#c3bbea46cd68 December 25, 2015 by FORBES8

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