For any finished product to reach the final consumer, a set of operations has to be coordinated. These logistics sees the transformation of goods and services from the manufacturer or producer to the wholesaler, the retailer and finally to the consumer completing a chain that involves sourcing, transportation, and storage among the main activities to ensure that the inventory reaches the intended consumer. Despite concerted by the dealers to make this trade effective, some external forces influenced in one way or another this activity. Politics, internal or global directly affects commerce. Every major security or political move registers significant results in the international stock markets.
While initiating her presidential bid in 2014 Mrs. Hillary Rodham Clinton favored global trading system to foster quick and considerable economic growth. She was of the opinion that trade barriers to entry in developing and emerging economies were not solely to blame for poor results but rather the unfavorable policies adopted by the developed countries, including the US. She, on the contrary, advocates for free and fair trade and more so with the developing countries which are largely in production. With better labor conditions productivity will go up and spur healthy business (2).
With her Renaissance Tax Credit, a model on New Market Tax Credit to attract new capital gains and a tax relieves on manufacturing communities as well as refurbishing sector. With her promise of a plan to boost the American manufacturing industry with a U.S. $ 10 billion investment in American partnership. This budget according to her will be financed from the proceeds from the companies that outsource jobs from outside (15).
On his part, Bernie Sanders equally favors some open market approach but laced with some caution. Though running on the same party Democratic, he does not entirely agree with Clinton on many foreign issues, and he has repeatedly hinted on some protectionism strategies to protect domestic market. This measure could hinder international business especially with the economies those involved with the US on bilateral agreements between such countries imposing some shocks on the US market, for example slowing to supply essential raw materials to them hence affecting smooth flow of such commodities in the US stalls.
A stranger to politics, the business tycoon, Donald Trump, has repeatedly and openly called for the expulsion on what he refers has illegal migrants. He has equally called for barring people of Islamic faith from the country. This has particularly antagonized the country with only the American Muslim but also countries that do not even profess the same faith. Counter-reactive comments have been registered from the strong Arabic economies, United Arab Emirate among others. Estimates from economists reveal that about $ 1.6 be lost in a couple of years to come if such policy ever come to be successful in considering that they referred unauthorized immigrants account for 5.7% of the U.S. gross domestic product (GDP) of the total economy (Erickson & Kelly, par3).
Presidential candidate, John Kasich’s approach for an open market policy one is not much different to that of Mrs. Clinton because this model will also create more jobs. Though he is not a firm critic of Mrs. Clinton, he once criticized her for not doing enough to enhance international trade deals while she was in the government. This open market policy has transformed some former European countries after joining the common European market with exceptions of few, such as Ireland. Through this mode of the open market, it will ensure sufficient cash flow resulting into the huge budget.
Unlike Kassich, the Republicans favorite Mr. Ted Cruz does not comfortably support international trade treaties; he was principally opposed to the Trans-Pacific Partnership (TPP). His economic policies may translate into budget deficits. His system can only connect with the Keynesian argument of budget deficits boosting growth by spurring upward purchasing trade into the economy. Lately, it has been proven that deficits are bad since they lead to higher interest rates. As a result, a remarkable reduction in investment activities will be noticed and affect the economic growth in the long-run. As opposed to the Keynesian Theory, the deficit hawk approach encourages total avoidance of deficits as a cardinal fiscal policy (Michell, 20).
Efficient movement of raw materials and products may gradually become inadequate due to the preferred government bottle- necks and create unnecessary strains in their availability and subsequent hoarding in prices.
Works Cited
Clinton, Hillary. Strategy to “Make it in America”. Fact Sheet. 4 Jan. 2016. 16 April. 2016. (https://www.hillaryclinton.com/briefing/factsheets/2016/04/01/hillary-clintons- strategy-to-make-it-in-America/).
Erickson, Ryan &Angela, Kelly. The Trump Effect. Fact Sheet. Sept. 2015. Web. 16 April. 2016 (https://cdn.americanprogress.org/wp- content/uploads/2015/09/22000150/GOPImmigration-factsheet-FINAL.pdf
Mitchell, Daniel. The Impact of Government Spending on Economic Growth. Federal Budget. March 2005. Web. 16 April. 2016. (http://www.heritage.org/research/reports/2005/03/the-impact-of-government-spending- on-economic-growth.