Enemies of the People

Donald Trump correctly profiled fake news operations as enemies of the people. The biggest enemies of the people are presidents themselves, followed by elected representatives, governors all the way down to state and local officials.  If the founding fathers were alive today, they would agree.  Government is for taking not for giving. The incentive to serve is completely imaginary. Self interest is the only active incentive in government.

In November 2016, Americans chose a highly ambitious billionaire over an unindicted criminal and chronic liar. Citizens made a bad choice but it was the better of the two.

The elite have only one concern and that is keeping the stock market elevated and moving higher. In the history of the world there has never been a bigger cash cow for the elite than using the Federal Reserve to endlessly goose stock prices. Federal Reserve monetary expansion is at a bottle neck. Profits have not kept pace with stock prices and quick and easy profits off of stock prices have reduced the innovative incentives that free markets guarantee. The Fed has done all for asset prices that it has the capacity to do.

Hope is that Trump’s infrastructure tax and spend initiative will take up the slack by using fiscal policy to goose asset prices now that the Federal Reserve is becoming impotent. Dropping the corporate tax rate sounds like a reasonable thing to providing no one thinks about it in any depth. The final result of that will be to tighten  the shackles that are already around the ankles of the poor and middle class.

School choice will create a corporate feeding frenzy to get a hold of newly available government education money. In the end, it will shut down the private school industry.

There are only two good ways to deal with health care. There is the free market and there is having government pay doctors directly without involving insurance companies. Neither of these systems are under consideration.

With respect to trade, the best approach for any given country is to unilaterally do away with all tariffs and trade restrictions. That idea is not under consideration.

Donald Trump now has the confidence of the American people. He will use it to his advantage.

Now that Donald Trump is president, he is an enemy of the people as is every president. A president’s role is to serve himself at the expense of citizens while making them believe he is working on their behalf.

Trump’s stimulus plan will hurt every human being on the planet if American citizens allow him to push it through. Infra structure is a nice term but that is not why the stimulus plan is on the table. Trump’s stimulus plan is wealth and income transfer just as has been every other stimulus plan in the history of the world.  That is what stimulus is for.

Stimulus is the live blood of cronyism.

 

 

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.

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