Former President Donald Trump has revealed his dream for a new America ahead of the 2024 presidential race, promising to bring back the country’s boldness “in a very big way” and heralding a “quantum leap” in living standards.
“Past generations of Americans pursued big dreams and daring projects that once seemed absolutely impossible. They pushed across an unsettled continent and built new cities in the wild frontier. They transformed American life with the interstate highway system, magnificent it was, and they launched a vast network of satellites into orbit all around the earth. But today, our country has lost its boldness. Under my leadership, we will get it back in a very big way,” Trump said in a video address released Friday.
“If you look at just three years ago, what we were doing was unthinkable. How good it was, how great it was for our country. Our objective will be a quantum leap in the American standard of living. That’s what will happen.”
Pointing out that a third of the American landmass is owned by the federal government, Trump noted that just a “very small portion of that land” amounting to “one-half of one percent” can be used to hold a contest to “charter up to 10 new cities and award them to the best proposals for development.”
“In other words, we’ll actually build new cities in our country again. These Freedom Cities will reopen the frontier, reignite American imagination, and give hundreds of thousands of young people and other people, all hard-working families, a new shot at home ownership and in fact the American dream.”
Transportation, Manufacturing
A “big opportunity” that Trump cites in the video is in the transportation sector. In the United States and China, numerous companies are “racing” to develop vertical takeoff and landing vehicles.
In the last century, it was the United States that led the automotive revolution. “I want to ensure that America, not China, leads the revolution in air mobility. These breakthroughs can transform commerce, bring a giant infusion of wealth into rural America, and connect families in our country in new ways,” Trump said.
An American company engaged in vertical takeoff vehicle development is California-based Wisk. Last January, Wisk announced that it had secured $450 million in funding from Boeing.
In August, San Jose-based Archer Aviation received a $10 million deposit from United Airlines for an order of 100 electric takeoff and landing air taxis.
Trump also proposed a “strategic national manufacturing initiative” that will turn “forgotten communities into hives of industry.” This will ensure that these communities produce goods that the United States will no longer have to import from China. The initiative is going to be “very, very successful.”
The American manufacturing sector is currently struggling through various challenges like inflation, talent scarcity, supply chain problems, and economic uncertainty.
“Manufacturers continue to grapple with talent challenges that may limit the industry’s growth momentum. Moreover, supply-chain issues, including sourcing bottlenecks, global logistics backlogs, cost pressures, and cyberattacks, will likely remain critical challenges in 2023,” Deloitte said in its 2023 manufacturing outlook report.
Lowering Costs, Other Initiatives
Trump also promised to introduce a “major initiative” to lower the cost of living, especially focusing on reducing the cost of a new car and the cost of building single-family homes.
Annual inflation has remained above 6 percent every single month since October 2021. New vehicle inflation has remained above 5 percent every month since June 2021.
The median sales price of homes in the country hit $467,000 in the fourth quarter, up 10. 4 percent from the same period a year back. The United States is estimated to be facing a shortage of 3.8 million to 5 million homes.
Trump also intends to ask Congress to support “baby bonuses” for young parents, a move he hopes will trigger a “baby boom.”
He promised to carry out a “great modernization and beautification campaign” in 50 states that will get rid of ugly buildings, refurbish public spaces and parks, ensure a pristine environment, make cities and towns more livable, and build “towering monuments to our true American heroes.”
“Very importantly, I will also make sure all of these new places are safe. We love and cherish our police. They will do the job the way they have to,” Trump said.
“It is time to start talking about greatness for our country again. I will dramatically increase living standards and build a future that brings our country together through excitement, opportunity, and success.”
via zerohedge
