Victor Davis Hanson

He's going to cut a billion. And then he's going to have this program, the gold card. And he thinks he's going to get a trillion dollars maybe once or twice in spurts. Or maybe every year there's going to be, I don't know, there might be 10,000 a year. And then he's also going to go maximum development of natural resources, but especially oil and gas. We are almost self-sufficient.

He's going to cut a billion. And then he's going to have this program, the gold card. And he thinks he's going to get a trillion dollars maybe once or twice in spurts. Or maybe every year there's going to be, I don't know, there might be 10,000 a year. And then he's also going to go maximum development of natural resources, but especially oil and gas. We are almost self-sufficient.

He's going to cut a billion. And then he's going to have this program, the gold card. And he thinks he's going to get a trillion dollars maybe once or twice in spurts. Or maybe every year there's going to be, I don't know, there might be 10,000 a year. And then he's also going to go maximum development of natural resources, but especially oil and gas. We are almost self-sufficient.

By that, I mean not that we don't import, but we export about the amount in dollars that we import for oil and natural gas. Somebody's going to say, well, why do we import any natural gas or oil when we have it? It's because of the quality and the refinery and the transportation costs. Sometimes it's cheaper to sell natural gas and then import it or to sell oil, etc.

By that, I mean not that we don't import, but we export about the amount in dollars that we import for oil and natural gas. Somebody's going to say, well, why do we import any natural gas or oil when we have it? It's because of the quality and the refinery and the transportation costs. Sometimes it's cheaper to sell natural gas and then import it or to sell oil, etc.

By that, I mean not that we don't import, but we export about the amount in dollars that we import for oil and natural gas. Somebody's going to say, well, why do we import any natural gas or oil when we have it? It's because of the quality and the refinery and the transportation costs. Sometimes it's cheaper to sell natural gas and then import it or to sell oil, etc.

But we're getting to the point of self-sufficiency. So the point then is that Donald Trump wants to build pipelines. He wants to open ANWR and he wants to get an additional, I don't know what that would be, 23, 24 million barrels, three or four million barrels of And I don't know if that would crash the world price to put that on the market.

But we're getting to the point of self-sufficiency. So the point then is that Donald Trump wants to build pipelines. He wants to open ANWR and he wants to get an additional, I don't know what that would be, 23, 24 million barrels, three or four million barrels of And I don't know if that would crash the world price to put that on the market.

But we're getting to the point of self-sufficiency. So the point then is that Donald Trump wants to build pipelines. He wants to open ANWR and he wants to get an additional, I don't know what that would be, 23, 24 million barrels, three or four million barrels of And I don't know if that would crash the world price to put that on the market.

And I don't know whether people in the oil companies or the independent oil producers would want to do that because basically they'd have to invest more money produce more product at a cheaper price. And it's a finite commodity. So you're an oil company, you have a big oil field in Anwar, they open it up, you think, yeah, wait a minute, price of oil is 60, 70 bucks a barrel, $50.

And I don't know whether people in the oil companies or the independent oil producers would want to do that because basically they'd have to invest more money produce more product at a cheaper price. And it's a finite commodity. So you're an oil company, you have a big oil field in Anwar, they open it up, you think, yeah, wait a minute, price of oil is 60, 70 bucks a barrel, $50.

And I don't know whether people in the oil companies or the independent oil producers would want to do that because basically they'd have to invest more money produce more product at a cheaper price. And it's a finite commodity. So you're an oil company, you have a big oil field in Anwar, they open it up, you think, yeah, wait a minute, price of oil is 60, 70 bucks a barrel, $50.

The more I produce, the less I'm going to have in the long run and the lower the price I'm going to get. So it's going to be tricky to I think one thing, people don't think this about Trump, but the more oil you can take off the world market, so you put maximum pressure on the two or three million barrels from Iran, and Russia has been restricted to China and India and Turkey, basically.

The more I produce, the less I'm going to have in the long run and the lower the price I'm going to get. So it's going to be tricky to I think one thing, people don't think this about Trump, but the more oil you can take off the world market, so you put maximum pressure on the two or three million barrels from Iran, and Russia has been restricted to China and India and Turkey, basically.

The more I produce, the less I'm going to have in the long run and the lower the price I'm going to get. So it's going to be tricky to I think one thing, people don't think this about Trump, but the more oil you can take off the world market, so you put maximum pressure on the two or three million barrels from Iran, and Russia has been restricted to China and India and Turkey, basically.

So then you keep the price high, then we make money. That's my point. So cut a trillion dollars, maybe get half a trillion in tariffs, maybe... quarter, a trillion, 250 billion in oil or natural gas cell, and then maybe 200 million in the gold card, and you've got the ingredients for a balanced budget.

So then you keep the price high, then we make money. That's my point. So cut a trillion dollars, maybe get half a trillion in tariffs, maybe... quarter, a trillion, 250 billion in oil or natural gas cell, and then maybe 200 million in the gold card, and you've got the ingredients for a balanced budget.

So then you keep the price high, then we make money. That's my point. So cut a trillion dollars, maybe get half a trillion in tariffs, maybe... quarter, a trillion, 250 billion in oil or natural gas cell, and then maybe 200 million in the gold card, and you've got the ingredients for a balanced budget.

That would be a Herculean... I'll make a statement that I'd never make predictions, but I will make a prediction. If Donald Trump, in the next two years, balances the U.S. budget, which we have not seen since the Newt Gingrich and Bill Clinton compromise of 98, 99, 2000. And remember, they did that by raising taxes. Gingrich allowed some taxes to be raised. Clinton allowed cuts to be made.

That would be a Herculean... I'll make a statement that I'd never make predictions, but I will make a prediction. If Donald Trump, in the next two years, balances the U.S. budget, which we have not seen since the Newt Gingrich and Bill Clinton compromise of 98, 99, 2000. And remember, they did that by raising taxes. Gingrich allowed some taxes to be raised. Clinton allowed cuts to be made.