No Big Deal
Trump’s most important ‘deal’ — to bring federal spending and deficits under control — was never even proposed. The budget could be balanced. But the president has no interest in making that deal.
Commentary
Everybody Loves a Parade
Aristotle believed that people turned to tyrants when the elites became contemptuous of them and the government became largely dysfunctional.
Power Politics
A society only produces so much wealth. It can then consume it. Or, it can save and invest…so as to produce more in the future. The real ‘political’ question is: who decides?
Another Brick in the Wall
Reducing trade deficits also means reducing the number of US dollars that end up in foreign hands. Those dollars are typically recycled into US bonds. That’s the way the fake money model works.
Mobtown
Some things are worse than losing money. Martial law may be one of them.
The Path To $60 Trillion
Our country is ‘doing great.’ So, let’s add trillions in debt — then we’ll have a problem
