Reporter: "Who will you vote for in
the 2020 Presidential election? "
Man/woman on the street: "Well, it depends on the economy. If it continues to improve, I'll vote for
Trump! But otherwise, I'll vote for the Democrat."
Arrrggghhh! Every time I hear this exchange - and believe
me, it happens a lot - I just want to scream and pull my hair out!
For
all you morons out there - and you know who you are - there is just one simple
question you must answer: What in the
friggin world has Donald Trump done (or plans to do) to improve the economy? I addressed this topic back in my article "Trump the job-creator".
Bottom line: not a darn thing! Here are some of the highlights:
He signed a $4.3 TRILLION-dollar federal budget,
of which taxes only cover about three-fourths, leaving a $TRILLION-dollar deficit
this year, and as far into the future as can be seen. Is the way to stimulate the economy?
Much
hoopla was made about his tax cuts. Allow
me to beat this dead horse to death one more time: A tax cut without a corresponding spending
cut accomplishes nothing! Every dime the
government spends must come from SOMEPLACE. The government does not magically create wealth
out of thin air. Even if they cut the tax rate down to zero, you,
faithful servant, STILL pay for it all:
the legions of 6-digit-salaried bureaucrats; the wars and military
intervention all over the planet; the government programs that pay people to
sit on their butts; the paving over of our once-beautiful country in a vain
attempt to end highway congestion; the tax-collecting goons who can commandeer
your bank account; and the list goes on.
SOMEBODY must pay for all this government largesse that Trump has NOT
reduced, and that somebody is you.
Back to my highlights of economy-killers: Trump instigated a major trade war with China,
and a minor trade war with Mexico. Oh
and then he promoted subsidies (spend more money!) to bail out farmers and
others who were harmed by the trade wars.
Is this the way to stimulate the economy?
Understand that the President does NOT have
a green button on his desk to grow the economy and a red button to slow it
down. The world is much more complex than
that. A million diverse factors
influence the economy, and the president does not have THAT much power.
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