Showing posts with label Reaganomics. Show all posts
Showing posts with label Reaganomics. Show all posts

05 June 2025

Trump's Big Beautiful Bill is Reaganomics v 5.0

 The BB Bill seems like pork served with Reaganomics that was Lafferian and just produced deficits. Reaganomics helped win the Cold War yet it should have been a one-off never repeated, budget plan.  Keynes’ invented deficit spending to pump prime an economy out of recession- it wasn’t intended to be a permanent economic policy of just having deficits and tax cuts to concentrate wealth and bankrupt a government. 

Musk has a more realistic, David Stockman sort of approach without the B.S. about how running deficits produces economic growth, increased revenue and a fair and balanced budget. Cutting taxes for the rich simply concentrates wealth, and the U.S. distribution of wealth has already equaled that of Mexico... The 1% are globalists and invest wherever they can make more profit internationally.

President Trump Can't Legally Surrender Strait of Hormuz Freedom of International Law of the Sea

President Trump is said to be negotiating with Iran about the Persian Gulf and International Law of the Sea. Iran and Oman are colluding to ...