THERE IS NO LONGER A " BIG TENT" REPUBLICAN PARTY.

THE REPUBLICAN PARTY IS NOW A TELEPHONE BOOTH AND DONALD TRUMP FILLS THE BOOTH.

 

MY ECONOMIST'S REACTION TO THIS POST FROM CAPRICIOUS JUSTICE: MODERATE CONSENSUS DERIVED POLITICAL POLICIES WOULD BE BENEFICIAL TO THE ECONOMY.

 

CONSENSUS SHOULD GOVERN

WHAT NONSENSE IS THIS CONSTANT FIGHTING TO GOVERN IN TOTAL DENIAL OF THE REQUIREMENTS AND AIMS OF THE MINORITY, NEARLY HALF OF THE REPRESENTATIVES IN LEGISLATURES.

POLICIES SHOULD BE ADOPTED WHICH EIGHTY OR NINETY PERCENT OF ELECTED REPRESENTATIVES WOULD BE IN FAVOR OF. 

THE MINORITY HALF OF OUR CANADIAN AND AMERICAN HOUSES OF REPRESENTATIVES WHO ARE NOT IN THE MAJORITY HAVE NEARLY HALF OF VOTERS IN FAVOR OF THEIR POLICIES.   

ROB EMMANUEL WAS ON CNN TODAY. THERE ARE 600,000 PEOPLE WHO HAVE LOST MONEY ON CRYPTO AND A VERY FEW, PARTICULARLY, IN THE CASE OF TRUMP BACKED CRYPTO COIN, WHO MADE A LOT OF MONEY.

THIS POST IS FROM JANUARY 3 2023

WHERE DOES THE MONEY COME FROM THAT IS WON FROM CRYPTO TRADING?

 

I HAVE TO POST THIS AGAIN AS IT GOT SUCKED IN WITH A BLOG ABOUT PROFITS.

WHERE DOES THE MONEY COME FROM?

IF YOU FIND GOLD WHEN YOU PROSPECT YOU CAN GET MONEY FROM PEOPLE WHO WANT GOLD, WHO USE IT AND BENEFIT.

IF YOU MINE FOR CRYPTO CURRENCY, HOW DOES THE PRODUCT BENEFIT ANYONE EXCEPT BY THE VALUE OF THE CRYPTO CURRENCY RISING.

NO ONE IS BUYING A PRODUCT THEY USE, SO DOES NOT ALL THE MONEY WHICH IS MADE HAVE TO BE COMPOSED OF THE LOSSES OF OTHER PERSONS WHO INVESTED AND SOLD OUT AT A LOSS OR WHOM DID NOT GET THEIR MONEY BACK FOR OTHER REASONS, LIKE THEFT?

THE DESIRE TO CREATE IMPRESSIVE OVERWHELMING WAVES CONFOUNDS SUBTLE TRANSFORMATION.

CONTEMPORANEOUSLY THERE IS A PROMINENT MANIFESTATION OF THIS SYNDROME AS WE EXPERIENCE THE MISGUIDED MANAGEMENT OF THE MOST SUCCESSFUL GOVERNMENT AND ECONOMY IN THE WORLD, THE UNITED STATES OF AMERICA.

AS PRESIDENT TRUMP BLUDGEONS HIS WAY TO REESTABLISH AN ECONOMY AND A CULTURE FROM THE GOOD OLD DAYS BY INSTITUTING IMPORT TAXES WHICH WILL MAKE SOME ESSENTIAL CONSUMER GOODS UNAFFORDABLE. 

THAT IS NOT THE AMERICAN WAY. THE INDUSTRIES IN THE US, IF THEY WERE TRUE TO THEIR FAITH, WOULD HAVE TO CREATE A SUPERIOR PRODUCT AT A COMPETITIVE PRICE WHICH WAS MORE DESIRABLE TO THE US CONSUMER.

WHEN A BETTER OR CHEAPER UNITED STATES MADE PRODUCT MIGHT BE AVAILABLE IT IS MOST LIKELY THAT ROBOTICS AND AUTOMATION WOULD ACCOMPLISH THE TASK.

SIMILARLY ELON MR BIG SPLASH COULD HAVE SUBTLY CUT THE US GOVERNMENT WORK FORCE BY FIGURING OUT HOW TO REPLACE THEM DOING OFFICE WORK BY USING ARTIFICIAL INTELLIGENCE.

WITH A CABINET OF ALLEGEDLY VERY COMPETENT BUSINESSMEN AT HIS DISPOSAL PRESIDENT TRUMPET COULD ADJUST EXPENDITURES AND SEEK OUT AND ELIMINATE DUPLICATION AND WASTE PRECISELY AND WITHOUT A LOSS OF THE EFFECTIVENESS AND THE BENEFITS CONFERRED ON THE CITIZENS OF THE UNITED STATES BY GOVERNMENT PROGRAMS.

TRUMP PLANS A NEW TAX BREAK WHICH WILL ALTER THE US DEBT TO ASSETS RATIO.

IT LOOKS LIKE TRUMP'S TAX POLICIES WILL ADD FOUR TRILLION DOLLARS EACH YEAR TO THE AMERICAN NATIONAL DEBT.

THE MONEY COLLECTED FROM TARIFFS WILL NOT BE A BENEFIT TO AMERICAN TAXPAYERS. THE MONEY DRAINED OUT OF AMERICAN CONSUMERS WILL HAVE TO BE USED TO DEFRAY THE COSTS OF SUPPORTING SOME UNEMPLOYED OR OTHERWISE INSOLVENT AMERICANS.

DO NOT FORGET THAT TARIFF REVENUES ARE COLLECTED FROM EVERYONE, WITH A DISPROPORTIONATE RATE OF TAX AS A PERCENTAGE OF INCOME COLLECTED FROM THE LOWER INCOME CITIZENS. 

THIS WILL ALSO ADD TO THE TOTAL US GOVERNMENT AND CITIZEN DEBT.

THE COMMENTATOR SAID "AMERICANS HAVE LIVED WITH A HIGHER STANDARD OF LIVING THAN THEIR PRODUCTIVITY WOULD JUSTIFY. AMERICANS HAVE SUSTAINED THAT STANDARD OF LIVING THROUGH MASSIVE BORROWING".

THE TRUTH IS THAT AMERICANS HAVE NOT LIVED TO A STANDARD BEYOND THAT WHICH THE WEALTH AND PRODUCTIVITY OF AMERICA COULD PROVIDE.

WHEN ALL AMERICAN GOVERNMENT AND INDIVIDUAL DEBT IS TOTALED IT IS JUST $54 TRILLION. THE VALUE OF ALL ASSETS  IN THE UNITED STATES IS $164 TRILLION.

ECONOMIC STATESMANSHIP:

Forbes

BYD  Chinese ...

CANADA HAS TAXED THE IMPORT OF THE VERY CHEAP AND SOME VERY GOOD CHINESE VEHICLES.

THE CHINESE HAVE PLACED TARIFFS ON CANADIAN CANOLA AND PORK.

HOW CAN CANADA AND CHINA CANCEL BOTH TARIFFS? THEN CANADIANS CAN ENJOY LOW PRICED ELECTRIC VEHICLES AND THE CHINESE CAN ENJOY LOW PRICED CANOLA AND PORK AGAIN.