If you’re going to vote for Trump, you ought to have a pretty good idea for whom you’re voting. If elected, he won’t be a savior. From David Stockman at lewrockwell.com:
If Donald Trump’s clean sweep of the GOP primaries is any indicator, then the cause of liberty, peace, free market capitalism, fiscal rectitude, sound money and small government is at an all-time nadir.
The Donald stands for none of these core values. Yet Republican voters have greeted him like he was the second coming— if not of Jesus Christ, then at least Grover Cleveland.
That’s right. These badly deluded people apparently believe that another Trump run at the White House in 2024 will enable the Donald to replicate President Grover Cleveland’s lone case of winning in 1884, losing in 1888 and winning again in 1892.
But here’s the thing. Grover Cleveland stood for something worth winning the White House to advance. That is, staunch adherence to the gold standard, free trade, budget surpluses, non-intervention abroad and a small Federal government in Washington.
Indeed, without welfare domestically and foreign wars abroad, Cleveland was able to leave the $1.62 billion public debt he inherited 25% lower at $1.22 billion when he left office. Classic 19th century liberalism was then in its heyday and Grover Cleveland was the closest thing to its living, breathing embodiment to ever occupy the Oval Office. And that was notwithstanding the fact he was a Democrat to boot, albeit of the old-fashioned Jefferson/Jackson kind.
Not even a return of Randy “Macho Man” Savage?
I want some body slams and chair action in this late stage fading banana republic.
A thunderclap just now!
I have ‘The Great Deformation’ by Stockman and would recommend it as a historical atlas of financial schemery, although Stockman himself is an open borders fanatic.
The fact remains that the Trump economy was a ZIRP economy. This is not an insult or windbag bluster – it is indisputable.
There are no major manufacturing fields that Trump officials repatriated, and although Lighthizer was a great pick and a decent man, renaming trade pacts and merely charging tariffs against the same foreign imports which are subsequently repriced to the end consumer, all while passing out work permits to foreign entrants who are thus ‘legal’ workers, was the actual policy.
If there was one stark admission on the part of the Trump ZIRP officials, it was the eager goal to circumvent China – not by repatriating manufacturing to every american town – but re-offshoring to India, Vietnam and 3rd world states that would act as geopolitical assets in an elites contest against the Chinese for dominance in their own foreign sphere, which does zip/zero/nada for avg americans.
While I am extremely suspicious of Stockman despite my respect for his intelligence in some respects, I do agree that the RFK plan of essentially making it cost – as opposed to incentivizing – those who have brought the american people to this state of betrayal is the only plan on the table at this point.
If Trump selects Tulsi or Paul as the ordained successor in waiting it would be worth it, but more Jared ZIRP schemes – no thanks.