President Trump Against The World - Essay Example

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This essay describes American politics which has very controversial feedback from economists and politicians from other countries. Such a resonant issue has been caused by the new president Donald Trump. This paper will evaluate most popular questions that have been discussed…
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Download file to see previous pages President Trump claims that his decision to pull-out of the Paris Treaty will benefit Americans, but as is his usual tactic, the president only mentions one area where the benefit will take place, jobs-an important benefit of course. Economists are divided whether this will benefit American job, and if it does will, the jobs be short or long-term. The American industry sector that is mentioned most often in conjunction with the Paris Treaty is coal. While on the campaign trail, Mr. Trump consistently insisted that he would withdraw from the Paris Treaty so that coal mines would reopen and coal miners could go back to work. If one agrees that it was the Paris Treaty that caused the decline of the coal industry in the United States, then they would count the withdrawal from it as a win. However, the coal industry has been declining for years; the Paris Treaty has only been in place for one year. The winners on the jobs front will be those places where investments in research and development in renewable energy is occurring. President Trump’s withdrawal from the treaty may seem like a victory for coal but it is not. The United States’ jobs market loses in the withdrawal, although many individual states have economies that are highly invested in renewable energy, and they will continue to work toward solutions and adaptation to global climate change. Those states’ economies will be winners while President Trump and his economic allies will cling to the fossil fuels, until those resources have been depleted. ...Download file to see next pagesRead More
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