As you read every word of this report you will become stunned at what I reveal. It’s time for us to perform an analysis of the Economic Policy of Donald Trump.
Trump, Government and Business
Trump possesses a vision of building a magnificent new infrastructure…a one trillion dollar dream. Now that’s the way we expect an entrepreneur to think. Unfortunately, for him there are cause and effect relationships to consider. He’s not running a corporation or private business. The investors in his grandiose scheme happen to exist as taxpayers. These hapless men and women will pay the bill by way of a massive inflationary environment. That’s not exactly the kind of economic policy people will embrace.
You can expect Wall Street and the political establishment to love it…at least at first. Stocks could soar and politicians will profit from their boondoggles. Eventually the piper demands payment. The artificial boom descends into a bust.
It’s an illusion to believe he can run the government on business principles. Trump doesn’t realize free enterprise business depends on profit and loss statements to determine success and failure…while bureaucracy has only bureaucratic rules and regulations to guide it. Let’s allow Ludwig von Mises to explain it.
“Bureaucratic management is management bound to comply with detailed rules and regulations fixed by the authority of a superior body. The task of the bureaucrat is to perform what these rules and regulations order him to do.
Bureaucratic management is the method applied in the conduct of administrative affairs the result of which has no cash value on the market. Remember: we do not say that a successful handling of public affairs has no value, but that it has no price on the market, that its value cannot be realized in a market transaction and consequently cannot be expressed in terms of money.”
It doesn’t appear Trump will succeed with his business mode…because sound economic policy and bureaucracy don’t go together.
Still, if he can cut the government down to the size of a midget it will be a job well done. Unfortunately, the Elite and its Soldiers will oppose anyone who tries to stop their reign of plunder and confiscation.
Donald Trump appears ready to tackle the illegal immigration problem. He gained popularity taking a firm stance on the issue. We admit that illegal immigrants receiving government benefits sticks in one’s craw. However, weren’t our ancestors the equivalent of illegals? There’s a gigantic difference between immigrants who add value to our economic system and those who subtract from it. Does the cost of cracking down on illegal immigration exceed the benefits? We need a yes or no answer to that question.
In a “60 Minutes” interview, President-elect Donald Trump said he planned to immediately deport 2 million to 3 million undocumented immigrants who “have criminal records” after his inauguration next January.
“What we are going to do is get the people that are criminal and have criminal records, gang members, drug dealers, where a lot of these people, probably 2 million, it could be even 3 million, we are getting them out of our country or we are going to incarcerate,” Trump told “60 Minutes” correspondent Lesley Stahl, according to a preview of the interview released by CBS. “But we’re getting them out of our country. They’re here illegally.”
Obviously, no one wants to have vicious criminals terrorizing innocent people and committing property crimes. We must ask “How much will it cost to secure the border? Is it feasible? The taxpayers must realize…they will foot the bill, which could cost up to $500 Billion. Ouch! Economic policy must weigh the cost versus the benefits. As mentioned…that’s almost impossible to do.
The North American Free Trade Agreement (NAFTA) is an agreement among the United States, Canada and Mexico designed to remove tariff barriers between the three countries.
You might wonder if NAFTA is good or bad economic policy.
According to Economic Collapse News “Trade agreements like NAFTA and TPP do nothing to advance free trade. They’re just government-managed free trade agreements that benefit certain groups and states through backroom globalist deals. As Laurence Vance says “Free trade is only threatened by government intervention.”
We should have figured that members of the Elite and their Soldiers would come up with bogus trade schemes. Think about it. Do you sign a trade agreement when you go shopping or out to eat?
Trump wants to place American Workers first. Apparently he forgot the marketplace is international. Tariffs and trade wars lead to fewer sales, decreased profits, unemployment and economic decline.
The old saying attributed to 19th century French economist Frederic Bastiat “When goods don’t cross borders, soldiers will” explains the reality of trade restrictions.
Military Spending, Tax Cuts and Estate Planning
You would think by now…people would like to eliminate war-mongering. Unfortunately too many men and women live with mind-sets of prejudice and intolerance. Their negative emotions cause them to strike out at others. It doesn’t seem like war will ever end. The politically correct crap guarantees violence will increase.
Trump wants to increase military spending. That ‘ll cost the good citizens another $1 or $2 trillion.
What can you do? Enya sang the song “Once You Had Gold.”
I hope you get the point. You’re going to have to take care of your own economic policy.
Trump wants to reduce the tax brackets from seven to three. How this will work nobody knows. Who will benefit the most? Congress could cut tax rates as early as next year.
Here’s an idea for you. Let’s eliminate all taxes…so the government can go out of business. Well, we can dream, can’t we.
Seize your power from the Elite and its Soldiers. They stole it from you. Take it back. In Chapter 2 of the book “8 Dynamic Weapons for Conquering Life’s Illusions” it is stated “When there’s extended economic hardship and market downturn you must be very careful to scrutinize and discriminate between truth and falsehood. You gain an expanded awareness when you see through the social and monetary illusions presented by the Federal Government, the Federal Reserve System, zombie corporations and people who support corrupt institutions. You must deal with your illusions sooner rather than later; otherwise they turn into epic delusions that collapse and crush you, demolishing your world view in the process.”
RA Meyer – The Objectivist Warrior Masters the Social Maze