VECKA 13
Torsdag
28
Mars
BT-annons
2019-03-26
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Donald Trump, a Swamp Critter
Bill Bonner kommenterar Donald Trump.

VECKANS BILL BONNER
A Washington Post headline caught our eye on the weekend:

“Trump to slash spending”

At last! Our eyes lit up. Our pulse raced. Finally, the Great Disruptor was disrupting something that really matters.

Slash spending! Cut the budget! Fire federal employees! Eliminate agencies. Kill departments. Bring home the troops. Curb the Deep State. MAGA!

What a disappointment. No real cut at all. Just more political showbiz. More “us vs. them.” Conservatives against liberals.

The only way the White House could make a real cut in spending would be to propose an across-the-board cut… and bypass Congress, selling the idea directly to the American people.

The president would have to use his histrionic genius by going on TV and explaining what is really going on – that we’ve been spending more than we can afford for many years (the last real balanced budget was in the Carter Administration)… and that the real beneficiaries are the Swamp Critters, not the American people)… 

that we could defend the country with less than half the Pentagon’s budget (most of the money is used to bumble around the world, not protect the homeland)… and that if we don’t do something about it, we’ll go broke (inflation… depression… the usual calamities).

He might then be able to reach the residual common sense of the public (if there’s any left)… and overcome the resistance of the special interests, the lobbyists, the hacks, the cronies, and the Deep State elite… and actually reverse the insidious trends of the last five decades.

But wait… we’re dreaming, aren’t we?

And it will never happen anyway.

First, because Donald Trump is a Swamp Critter himself; he’s the “king of debt” who will want to keep the jig going as long as possible.

Second, because the Deep State wouldn’t allow it. Imagine how the media… the Congress… the insiders… the PhDs… the know-it-alls… would howl! (Yes, it gives us great pleasure to think about it.) 

No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up. 

So, what do you think, Dear Reader? What is the biggest threat that the U.S. faces? Terrorists? Russia? China? Or, its own lack of financial self-control?

AOC’s “Solutions” Will Just Make Things Worse

And Ms. AOC? Has she got a better idea than all the social reformers and revolutionaries who came before her? Unlike them, is she untainted by sin, by ignorance, or by self-interest?

Should she say who earns what?

Should the heavy hand of the socialist state – instead of the invisible hand of capricious capitalism – determine what products and services are on offer… at what price… and what profit margin? 

Human societies have been down that road often enough to know that they usually don’t like where they end up. 

Göran Högbergs Finanskrönika varje vecka – klicka här för mer information! 

 
Göran Högberg

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