GOV 312L Study Guide - Midterm Guide: Currency Intervention, Global Governance, Stock Market
Document Summary
Weekly update #5 (tuesday, 10/2/18): trump speech to the united nations: at the beginning of his speech to the united nations, president trump outlines some of the successes he believes his administration has achieved. Booming economy (increase of 10 trillion in wealth) Stock market @ an all time high. Lowest unemployment (50 years), minority unemployment (all time low) Construction of border wall, strengthening of border security. Singapore summit, highlighted possibility of a denuclearized north korea. He has taken a more self-interested and nationalist approach, america first mentality: trump offers a new approach to the middle east in his un speech. Wants us to retreat from its hegemonic role in the region. Believes middle east should come together and focus on their own problems, doesn"t need the us help. He believes free trade policies with other countries have led to trillion dollar trade deficits. Trump says the us isn"t going to control the rest of the world.