Where Donald Trump has been a true innovator is in his willingness to rhetorically combine positions from the isolationist right, the far right, the center right and the center left. If I were running for president, I’d approach politics in the same way: I’d run as an extremist.
The agenda that could actually make America great again would combine the best ideas of the extreme left and the extreme right.
▪ A single-payer universal health care system.
▪ Expansion of the earned-income tax credit to top-up wages for low-income workers and introduction of a negative income tax to ensure a government-guaranteed income floor for every American.
▪ Common Core education standards as the law of the land, so high school graduates meet the higher skill levels that good jobs will increasingly demand. But those higher standards should be phased in with funding to enable every teacher to have time to learn the new curriculum those standards require and buy the materials needed to teach it.
▪ Controlling low-skilled immigration while removing all limits on H-1B visas for foreign high-skilled knowledge workers and doubling the research funding for our national labs and institutes of health to drive basic research.
▪ New accelerated tax incentives and elimination of all regulatory barriers to rapidly scale up deployment of superfast bandwidth for both wire line and wireless networks to ensure that next-generation Internet services are developed in America. And borrowing $100 billion at today’s super-low government interest rates to upgrade our ports, airports and grids and to create jobs.
▪ Bans on the manufacture and sale of all semiautomatic and other military-style guns and government offers to buy back any rifle or pistol in circulation.
▪ To pay for all this, a phased-in innovation and tax agenda that incentivizes startups and hiring. That means: Slash all corporate taxes, income taxes, personal deductions and corporate subsidies and replace them with a carbon tax, a value-added consumption tax (except on groceries and other necessities), a tax on bullets and a tax on all sugary drinks – with offsets for the lowest-income earners.
If we slash corporate taxes, many more companies will want to locate here, and the ones domiciled here will have the incentive to bring home foreign profits and plow them into research and new business lines.
▪ An independent commission appointed to review Dodd-Frank and Sarbanes-Oxley to determine which, if any, of their provisions are needlessly making it harder for entrepreneurs to raise capital or start businesses.
▪ Copy Britain: Strictly limit national political campaign spending and the length of the campaign to a period of a few months.
▪ Increased military spending and ensuring that our intelligence services have all the legally monitored latitude they need to confront today’s cyberenabled terrorists – because if there’s one more 9/11, many voters will be ready to throw out all civil liberties.
In sum, our slow growth, inequality and national security challenges require radical solutions: strengthening safety nets, curbing the bad environmental and health behaviors that are bankrupting us and paying for it all by sharply incentivizing risk-taking, innovation, investment and hiring.
That calls for a nonpartisan extremist for president who’s ready to go far left and far right. That’s my 2020 vision, and in four years the country just might be ready for it.
Thomas L. Friedman writes for the New York Times.