Red, White & Bold: The New American Century
Reprinted from ETF XRAY
By Carl Delfeld, F81
September 2, 2009
In his new book, Delfeld outlines how America can remain a dynamic global leader by following a pro-growth economic agenda based on America’s ten winning traits, rebalancing eight key relationships such as complexity & simplicity, dependence & self reliance and unity & diversity. He also advocates growing with emerging markets, pursuing a realistic China policy, and executing a forward-leaning trade policy as well as a conservative foreign policy.
Specifically, the author calls for a simple one-rate tax structure that will unify the country, spur growth, reduce barriers to capital flows and innovation as well as eliminate our national debt in thirty years. He also wants to unleash America’s entrepreneurial spirit with a five-year federal tax holiday for new startups with less than 25 employees, and a doubling of exports during the next decade by growing with emerging markets.
Delfeld also makes the case that to move forward, we need to look back to George Washington, Alexander Hamilton and Abraham Lincoln for they left us a blueprint to remain the strongest, the most prosperous and the most independent, respected, and influential nation on earth. We just need to follow it to build both a new American century and a resurgent Republican Party. To build on the ideas in his book, Delfeld has launched a new economic think tank, AmericaUnbound.org.