Wall Street Journal writer Andy Kessler has created a Trump do’s and don’t list. Which ones do you agree with?
Donald Do’s and Don’ts, Andy Kessler
- Do protect the dollar: Emulate former Treasury Secretary Robert Rubin, who repeated ad nauseam, “A strong dollar is in the best interest of the United States.” It really is. Have your Treasury Secretary Scott Bessent say it—and mean it
- Don’t impose tariffs: Tariffs are an unnecessary sales tax and can be inflationary, which is why long bond yields are rising. Tariffs kill trade and economic booms. Go easy on the Tariff Man shtick, and banish tariff touters Robert Lighthizer and Peter Navarro to the Social Security Administration.
- Don’t create migrant camps: The border mess is one reason you were elected. A recent CBS poll found that 57% of Americans approve of deportations. But do it right. Say you are returning Mr. Biden’s uninvited guests. Reversing the Joe Flow. Removing illegal “Bigrants.” That even sounds Trumpian. Remind everyone why you are doing this.
- Do scrap DEI: Do it across the entire federal government by Executive Order 13985a, word swapping Joe Biden’s “whole-of-government equity agenda” signed on his first day with a “whole-of-government equality agenda.” Simple and effective.
- Donald Do close the Education Department (and let DOGE close or clean up many others): Encourage charters. Liberate the curriculum. Encourage AI—what the Khan Academy is doing—which will become our children’s best and most efficient teachers. In the spirit of Grover Norquist, shrink government to the size where it can be drowned in a bathtub.
- Donald Do encourage electric vehicles: But don’t mandate or subsidize them. The average price of a new car in October was $48,623. Putting tariffs on Chinese EVs, especially from the world’s largest EV maker BYD, who sells cars for as cheap as $10,000 to $20,000, is stealing from Americans in exchange for a handful of jobs. Dumb.
- Donald Do protect Taiwan: A Chinese attack would trigger a world recession. Remind China that it will be hurt worse as equipment-maker ASML added remote-kill switches on their equipment for chip maker Taiwan Semiconductor Manufacturing Company Limited, rendering the equipment worthless after an invasion.
- Donald Do let Israel and Ukraine win: Don’t restrict their weapons or how they use them, and the wars will end quickly. Let these countries focus on technology and innovation rather than having to defend their citizens.
- Donald Do encourage domestic energy: Boost fracking. Boost nukes via faster permitting. Boost geothermal energy, which will enable our cleanest fuel source.
- Donald Don’t continue the CHIPS+ Act or any industrial policy. Do provide advanced orders to chip companies. The National Aeronautics and Space Administration did this in the early days of Silicon Valley. It worked out.
- Donald Do encourage digital interstate commerce: Do it for medicine, education and everything. Scrap car mileage standards. Create more national parks. Go to Mars. Don’t kill the North Atlantic Treaty Organization.
- Finally, Donald Don’t fall for crypto: You raised money from a bunch of guys who buy and trade worthless puka shells and claim that they have all sorts of magical financial powers (beyond money laundering). They are still securities. Your latest harebrained idea is no capital-gains taxes on U.S.-based crypto.
That’s a very good list by Kessler in Donald Dos and Donald Don’ts
I agree with all but number 8 and possibly number 3 depending on what he means by doing deportation the right way.
In lieu of number 8, I would add: Do stop meddling. It was US meddling in Ukraine by John McCain and US reneging on promises to not expand Ukraine further East that led to this mess.
I strongly disagree with US policy in Israel, supporting everything Israel does. We should be ending wars, not prolonging them. There is no excuse for some of Israel’s actions.
Regarding number 12: Trump’s crypto idea is total nonsense. It’s another handout of favoritism that no one should cheer, even the industry.
There is no case for selectively eliminating capital gains on anything. We should not be adding favors to the tax code for anything. We should simplify the tax code by ending all deductions and opt for a flat tax coupled with a VAT or national income tax.
Regarding number 3, I want want Trump to close the border, mandate stay in Mexico, and start with deportations of criminals. Then we need a pause.
I support the Dignity Act sponsored by Republican rep. Maria Salazar from Florida. I expect her to be a rising star in the Republican party.
For discussion, please see The New Home for Hispanics is the Republican Party
Please play this PBS video interview of Florida rep. Maria Salazar on Hispanics, Trump, and deportations.
More Do’s and Don’ts
I outlined my policies in I Wrote In “Mish” for President of the United States
I discussed, Immigration, Personal taxes, Corporate taxes, Collective Bargaining of Public Unions, Student Loans, Military Spending, Social Security and Medicaid, Stock Options, Abortion, Food Stamps, Tariffs and Subsides, Energy Policy, Banking, and DEI.
…. This is a general framework that encourages more savings, more investment, and work instead of welfare.
The goal is to have tax cuts that primarily benefit the middle class while balancing the budget over a 10-year time frame.
If the tax code is simple enough, organizations won’t need an army of lawyers, and we will barely need an IRS at all.
A corporate tax rate of zero inside the US will spur massive US investment. Elimination of tariffs will lower prices.
Getting rid of the public unions and their onerous and undeserved pensions will dramatically lower the price of education, the cost of building roads, etc.
My do’s list was more comprehensive than Kessler’s. Please have a list.


#8 is one of the most insane things I’ve ever read. Let Ukraine win with unrestricted warfare? Against Russia? I’m just absolutely stunned how recklessly stupid that is.
Do revamp the legal immigration system.
As for #3, it was reported yesterday that NYC all by themselves have more than 58K illegals who are convicted criminals or have been charged with crimes.
There are lots of targets of opportunities for ICE to deport and these liberal mayors to be charged for breaking US immigration law.
Regarding Ukraine, USA will not let it fall in the hands of the Russia. Simple reason, it is about the control of Ukraines rare earth minerals and other resources. It never was about Russia. The war was result of the US meddling and braking all the promises it gave before.
WTF is the US – a country that hasn’t won a war in 79 years – going to do about it?
Regarding point #8: do I understand correctly? An American is giving us advice on how to end a war quickly?
Rather surprised you are for continuation of the Chips Act, that is the only one you and I disagreed on.
10: Donald Don’t continue the CHIPS+ Act or any industrial policy.
Just checking. So all the EV credits should go away as well?
I’m okay with that among other industrial credits.
Ha! Ok either I read that wrong or it said Do before. Hey we are in harmony’s across the board.
Is it not true Joe continued the 10%tariffs on Chinese goods that Trump imposed?
The issue is fair competition. When competition is negatively driven by government actions ( e.g. subsidies, regulations) tariffs are one means to address the adversary behavior of another government Seeking relief in the world court is another as occurred with Airbus/Boeing case. Tariffs also created investment by foreign entities in US production. Tariffs also enable US companies to produce and continue to exist. Yes, this can translate to a higher retail price but many people will pay more to support usa made goods. This provides growth and revenues. Pricing would be better managed by reducing the costs of production, operations due to regulatory and social policies
Yes tariffs can be deleterious but are not bad in and of themselves.
The US needs to let Taiwan go. For 50 years we’ve officially said there is One China. The only question is whether its government is based in Beijing or Taipei. The US doesn’t have the ability to prevent reintegration in perpetuity.
“In lieu of number 8, I would add: Do stop meddling.”
Mish this is hypocritical unless “stop meddling” includes #7 (Taiwan) as well.
That’s just crazy! You probably think it’s okay that we’ve got Chinese drone buzzing some of our military bases? What’s next? Let China come in and buy Apple, MS, Google?
So I guess if the people of Taiwan want some level of independence, then they’re just screwed?
Uh, yeah they’re screwed. Duh. If they want to leave now and come to the U.S., fine with me. Do you want your son trying to fight China to prevent them re-establishing control over an island of 24 million people that we’ve acknowledged for 50 years is part of China? You do know they’re on the other side of the planet, right? And that hypersonic missiles can sink aircraft carriers? And that even flying from the Philippines would take re-fueling. Every war game run by the Center for Strategic and International Studies has shown that in a war with China over Taiwan, China wins. It’s immoral to fight a war we cannot win. See Luke 14:31.
No, I don’t. But at the same time, we shouldn’t just HAND TAIWAN OVER to China. Again, that’s ludicrous and goes against letting the Taiwanese having a say over their future. Ukraine has clearly shown that a bigger, stronger country can’t just waltz in and march over a country with lots of international monetary & military arms support. China invading Taiwan would be no different.
The US has maintained a one China policy for decades while also back channeling we’ll provide military protection if China invades.
Nobody, including China, REALLY wants to invade Taiwan, at least not yet. So for now, we’re in a standoff which is fine. I don’t see any reason to throw the status quo out the door. Who in their right mind wants China to control TMSC?
America’s traditional allies have a similar choice to make in the future about Ukraine & Taiwan. Do we admit Ukraine into NATO and do we continue to act like Taiwan is really one China?
IMHO, Ukraine needs to cede Crimea to Russia as well as some portion of eastern Ukraine that Russia has retaken. In return, Ukraine joins NATO, and Russia pays for allowing any Ukrainian living in these areas to head west.
As for Taiwan, at some point we need to stop acting the charade that Taiwan in the 21st century is really part of China, because that’s what the situation REALLY is in terms of the geopolitics.
Taiwan and the Ukraine are not ours to “hand over”. The Ukraine was the birthplace of Russian civilization and Taiwan is historically part of China. We live on the other side of the world, our industrial base is disintegrating and we’re 36 trillions dollars in debt. It’s not 1991 anymore. We don’t get to run the world. We spent 20 years, thousands of lives and trillions of dollars to replace the Taliban with … the Taliban. If/when China decides to retake Taiwan, there ain’t a damn thing – short of nuclear war – we can do to stop them. And Russia ain’t paying for shit. You have delusions of adequacy. You can’t always get what you want, but if you try sometime you just might find, you get what you need.
Cunt of the Day John Harwood on June 13th. His post. “People who insist that Biden will pardon Hunter after specifically ruling it out are telling on themselves. They can’t imagine someone acting on principle and keeping their word.”
Thanks John
You’re white knighting a liar.
Very much agree on immigration. Turn off the spigot … deport all who have committed crimes (especially violent crimes) and cut off the federal entitlement spigot. Then the virtue signaling sanctuaries will have to foot the bill for their own actions. As for tariffs … I hope to end with 0 tariffs … but as chips on the table … I believe they hold value.
I hope Trump pardons every one of the January 6th crowd. Every single one.
Exactly! This is the Brandon’s final act that confirmed his entire presidency was an attempt to keep Trump from being re-elected. Fortunately, it didn’t work and now Brandon & Comrade Kamala will ride off into history as the biggest disgrace in US history.
As I’ve said since it dropped, go watch the J6 A True Timeline. The video speaks for itself. With all we’ve learned since that documentary dropped, it’s obvious that J6 was a setup to keep Trump from being re-elected. Pelosi, Milley & Acting SecDef Miller are all culpable for allowing J6 to happen. In addition, the cops did all sorts of things to encourage and allow the protest to turn into a riot.
As I’ve said a dozen times, 25 female national guard troops with nothing more than side arms spread out across the metal fencing at the Capitol steps would have kept the final act from happening.
I have been saying let Trump do what HE wants to do. Let him lead us to the Golden Age.
However, I will discuss point 9 because it is about energy.
“9. Donald Do encourage domestic energy: Boost fracking. Boost nukes via faster permitting. Boost geothermal energy, which will enable our cleanest fuel source.”
“Do encourage domestic energy.”
Yes. We need a strong domestic energy industry. It employs over 8 million Americans in total. And without more energy there can be no economic growth or improvements in living standards. So let us make this vital industry as strong as possible.
“Boost fracking.”
Unnecessary. Fracking is already at its peak. Domestic energy firms do not need to, or want to, “drill baby drill”. They are already in a sweet spot with decent prices vs their costs. Over production would simply raise their costs and lower the price they get. Which weakens the industry.
In addition, fracking produces a lot of “light oil” which cannot be used domestically by US refineries. So we have to export this oil anyway. Fracking also produces a lot of excess natural gas which we are exporting as LNG. I am not against the export of our energy reserves, but there are those who are against it. It’s the reverse of Mish’s China argument. Some would say, “why over-produce and sell our oil and gas at cheap prices to other countries?” If I am an oil company though, my business will be stronger if I can export my product at decent prices.
“Boost nukes via faster permitting.” Agree. Just realize that Trump will likely be dead before we build the next nuclear plant in the US. There are currently zero plants in the planning stages. And it took 15 years to build the most recent plant. Faster permitting might cut this by a couple of years.
And don’t expect SMRs to save us. They are already proving to be too expensive and problematic to be worthwhile, except in a few special situations.
“ Boost geothermal energy, which will enable our cleanest fuel source.”
Sure. Let us encourage all energy sources. Just don’t expect geothermal to contribute very much. It currently contributes 0.4% of our electricity generation and even less in terms of heating. In most cases it is not cost competitive with other renewables such as solar and wind. But encourage it where you can.
There is a lot more that wasn’t said in point 9. Demand for electricity is soaring in the US thanks to AI, Data Centers, Crypto, EVs etc. To meet this immediate demand we need to focus on the three fastest to build and least expensive sources of electricity: natural gas, solar with storage, and land based wind with storage.
We also need to work on expanding and hardening our grid infrastructure. In many cases, it took over a month to restore power to some folks who lost power after the hurricanes this year.
Don’t want to hear boo about Trump after what Biden just did. You can eat it
Why not? You love Trump. And I say, “let him do what he wants.” Let him lead us to the Golden Age. MAGA baby! I am going to enjoy watching the Trump show. I will even share my popcorn with you.
Oh, it’s going to be a show alright. The amount of pushback from the Uniparty is going to be staggering.
My hope is that he gets his nominees and he sees a very stable cabinet who help him get a lot done.
“There are currently zero plants in the planning stages”
The future of nuclear is SMRs & fusion, and there are several companies from NuScale, Terrapower, Okolo, Kairos (Google), & Nano who have either received permits or in the process. Granted, it’s going to take at least 5 years to get the first 2-3 built but Trump could probably get the first one built before he leaves office.
Also, Helion Energy has signed a deal to start selling MS fusion-based energy by 2028. Granted, that may slip a bit, but we’ll know how solid this is by the first half of 2025, when Helion will have its Polaris reactor fully operational.
Yes, huge light-water reactors like those built @ plant Vogle in Savannah are not the future.
Actually. Traditional nuclear is still the future. SMR’s are ok for special circumstances but they are not commercially viable. Fusion is a distant dream.
In the meantime, we need a lot more fossil fuels and renewables to get us the energy we demand. We have to be realistic.
DO cut the deficit as Americans elected you to do.
So DON’T renew your previous and expiring tax cuts after 2025. They hardly help the poor and middle income at all, and there’s no way you’ll be able to cut enough to actually get an annual budget surplus.
Especially with your expanded expenses for deportation, and the recessionary expenses that will follow on your watch
Biden just pardoned his son. The most disgraceful Presidency in history till the very end.
Didn’t expect much from the WSJ. Not disappointed.
Looks like Our Greatest Ally ™ is getting the short-shrift on your list. Ain’t gonna happen with Jared running foreign policy.
Learn to read before commenting William King.
The US already has immigration laws. Presidents must ENFORCE THEM. BIden encouraged illegal immigration to bring democrat voters. Stop the freebies. FIX THAT FIRST. Any NGO breaking US laws, or directly leading to same, must be held accountable.
The US Capitol is corrupt. Hold elected representatives accountable for the misuse of power, insider trading, etc
Trump cannot protect the dollar with constant money printing. Implement a VAT/tariff to pay down the national debt over 20 years. Balance the budget. Line item veto.etc.
Stop with the damned foreign wars.
Stop with the handouts to crypto, student loans, tax-free tips, etc.
Revamping US education must be #1 priority. Without it, there is no future. Kessler is a moron when he thinks the future of education is Khan’s AI tutor. AI is NOT education, just another form of conditioning brains to repeat approved messages. We must TEACH students how to think critically and creatively–and that is NOT AI..
Big thumbs up on closing down Dept of Ed and domestic energy.
Paraphrasing No. 8: Do take the world to nuclear Armageddon by continuing Biden’s policies of perpetual escalation, and Do continue to support genocide and the indiscriminate slaughter of children and babies in Palestine in order to further sully America’s already ugly reputation in the world outside its own echo chambers and maybe get a world war thrown in for good measure. Why stop the omnicidal insanity now?
1) Definitely do protect the dollar. All efforts to protect the dollar have supplementary benefits.
2) Strongly disagree. Even Austrian (Libertarian) economists agree that when it comes to national security, the case for free trade falls flat on its face. Trade with authoritarian or totalitarian regimes like China should be limited, and dependencies on these nations should be completely avoided.
Add fixing legal immigration to the list.
The highest skill workers from around the world want to come make the US more amazing. Let them.
Uncapped legal immigration can create housing affordability problems. Deregulation will fix most of them. Make local codes that restrict housing density illegal, just like the old racist red lines. Housing density will increase and solve affordability issues.
Great … then I actually own and control my property.
Probably some type of tax for roads/parking .. we’d have flying cars if freedom-truely-reigned.
No interest and depreciation write off on residential rental properties. Affordability prob solved.
just amazing … house the migrants long-term in one of the most expensive cities in the world.
By my calcs, $4800/month rent for one room apt, no kitchen. 3 year lease no less.
If you dig a bit you’ll see it helps the GEF/IMF and overall TPTB!
https://economictimes.indiatimes.com/news/international/global-trends/vivek-ramaswamy-blasts-nyc-for-220-million-migrant-deal-with-pakistani-owned-hotel-a-broken-system-on-display/articleshow/115861065.cms?from=mdr
Put them out in Iowa, sleeping 8 in a room working days at a meat packing plant like happens in China … when you’ve done a good job, you can move to assembling Iphones.
And people wonder why tRump got elected? 🙂
Let DOGE go HARD, like the future of the world is at stake. Because it is. No country has ever survived permanent deficit spending. Without the US, democracy is done and the future is very different.
The swamp won’t die quietly. DOGE has to be job one.
Everything else is mostly window dressing.
How do you “let Ukraine win”? We’ve given them almost everything we have, weapon-wise and Russia is inexorably grinding them down. Russia has six times their population and a vastly larger and more capable industrial base. Anyone who’s so misinformed doesn’t deserve to be paid attention to.
All true but most people do not know this. Eliminate Russia-phobia from the US State Department would be a great first step to sanity. Then, stop the propaganda. Report the facts and we might get better decisions.
You let them win by dropping the mandatory enlistment age to 18 so you can blitz past 1 million dead and essentially depopulate the country for good. Then you (again) fly in Alex Soros and Larry Fink (i.e., this generation’s version of the “Harvard boys”) to pick over the carcass.
Tiger blood!
#Winning
sarc
Millions of Ukrainian women have moved permanently to Western Europe where they’ll be having the children of Italians, Spaniards, Africans and Arabs.
There are tons in the US as well. I run into them all the time. Looking for “Big American Boyfriend”. I’m amazed at how well they have adapted to American life. Would agree that Ukraine is a US State Department mess. SMRs all the way, replace coal plants with them since the grid is already connect there. Deport all criminals, but not to their native country, send them to Nigeria, and Nigerian’s to Venezuela. That will end most of this crap now. Better yet, we did build the Panama canal, we could bypass California ports altogether if we built a canal along the border.
Never tell Mickey Mantel how to hold his bat.
#9; boost nukes via faster permitting: the first small modular reactor is not yet purchased by any company and when it is will still be 10 years from start-up. Fluffy #9 overall.
Google, Amazon and other companies have essentially agreed to buy SMRs.
Ever notice how the folks most against tariffs are those least likely to lose their jobs to overseas workers? American financial columnists like Mish don’t have to worry about a Bangladeshi taking their job.
Global competition is real, and will not go away with tariffs. The US needs to constantly reinvent itself to stay ahead. That is, an emphasis on innovation must pervade the US.
Anyone can blog about US finance from anywhere in the world. You don’t have to live in the US to do it.
Donald had four years, and the whole Congress for 2 of those years. He could have done anything he wanted do — and ended up doing very little. When 2020 came along, he was voted out, cause he wasnt very good at leading after all. A desperate “naive” United States gave him another shot. What do you think he’ll do this time, given he can re-run 2016-2018 all over again? Will he do better this time with the henchmen, brownshirts, haters of everything non-white in a majority non-white country surrounding him believing in nonsense? Hes no Reagan, Clinton or Obama. He’s a shadow who craves love above all else. With $35 trillion in debt, what exactly are we expecting from this shallow man with no friends?
With full control of all branches of government, I am expecting the promised land but if that fails, I expect republicans to be forever impotent, inept and incompetent.
I’d be happy if Republicans just went back to be actual Republicans. That wont happen till Donald has left the stage, but fortunately, he allows no number 2, so when hes done, ITS done.
People don’t want the kind of republicans that democrats like.
Church-going, less government, dictator and commie-hating, as low taxes and spending as possible, supportive of ALL families, proud of honesty, equity, patriotism, fairness and hard work … I have no use for Republicans but they are a heck of alot better than the car-salesman party they have now.
FYI, critical thinking begins with an open mind. Without it, there can be no critical thinking,just opinionated rants. BTW, both Democrats and Republicans have the same problem. Hence, we get the same tired solutions that do not work.
Because Trump is outside the DC hive mind, he offers a chance for different solutions, which is why both sides resist him. Whether he can deliver is a huge issue. Personally, I doubt he’ll survive long enough–he presents a mega risk to the status quo of DC
BTW, the US also had high hopes for Obama. He also did not deliver, and neither did BIden, which is why blacks have turned elsewhere.
Obama only had 2 of his 8 years where the Congress was NOT resisting everything he did. But Im not thrilled with his presidency either.
I have a few Do’s and Don’t.
DO reform/cut/eliminate (pick one) social security and medicare
DON’T lift caps on payroll taxes to pay socialist leeches more
DON’T try to bully the Fed
DO try to reform the Fed or better yet, enable bitcoin as a secondary currency to USD thereby bypassing the Fed entirely.
DO reform the tax code and simplify it
DON’T add more nonsense to the tax code
DO eliminate double taxation for expats living overseas
DO reform the whole “worldwide income tax” on expats
DON’T incur any more debt
DO pay it off or cut government spending as much as possible starting with SS & medicare
Trump isn’t in charge. Elon is.
#6. A “handful of jobs”, really! Talk about living in a bubble.
Link to PBS VIDEO WITH Salazar is missing.
As far as I am concerned, you and Kessler should be running our government. The two of you can work out the few details you disagree with……
I agree with everything except number 12. There should not be taxes on crypto transactions. It should be no different than changing $20 bills for $10 bills. Crypto is money. And the sooner we embrace it as money, the sooner we’ll have stronger money.
I especially agree with number eight. If you want a war to end you need a winner and a loser. Unless you want Hamas to be the winner, then you want Israel to be the winner and October 7th excuses just about anything, when you consider that it was ordinary so-called innocent civilians that streamed across that border right after Hamas attacked and went on a raping, murdering and kidnapping spree. Returned hostages tell us that nobody in Gaza is innocent. I have no reason to disbelieve them and neither have you.
Send Denis Rodman over to finally end the Korean War.
FYI, GOLD is constitutionally money, and is taxed. Crypto is infinite ‘money’, inventing one is no different than a bank printing its own money–worth nothing unless it is backed by something of substantial value–eg gold
Correct. Crypto should be taxed same as gold.
There’s something like 13,000+ crypto currencies… which one do you want to use for money,,, is it fair to select one over the others