Welfare For The Rich To Continue

Abe Lincoln may have been right in saying “You can’t fool all the people all of the time.” The truth is those who can’t be fooled are statistically insignificant. I and some others who read this blog are part of the statistically insignificant group which cannot be fooled all of the time.

If you have no political power, you are going to get soaked by any law that gets passed by congress. That is as close to an iron clad law as can be found with respect to politics and the nature of government. The Republican tax plan and the New Federal Reserve Chairman are payment to the Deep State. Trump does this and the Deep State backs off in attempting to remove him from office.

Most Americans who are educated believe strongly that government causes economic growth. Most people in general don’t think about these things at all. That notion is completely instinctive. Never in the history of the world has a government intervention in an economy improved life for its citizens. The result is and always has been to transfer wealth and income from the bottom to the top.

If you are a Trump supporter, he will not need you until 2020. By then you will be more impoverished than you are today but will in no way make a connection between Trump’s economic initiative and your worsened circumstances. Politicians know these things.

Government is always for taking. No one without political power gets anything.

 

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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.