The economic problem of Trump is exactly the same problem in a different way that Herbert Hoover was for the Great Depression.
What does Trump have in common with Herbert Hoover who brought on the Great Depression by his policies?
They Both were businessmen who thought that bringing the dictatorships attitudes of business leaders to the Government would be helpful. And both have been deadly wrong.
Why?
Because Government is NOT a business (at least the way the American Government has been designed). Because China's Government IS a Giant Corrupt business that runs all businesses in China where there are no Human rights at all and people are mostly slaves and that's all from birth until death.
So, when Hoover and now Trump bring the dictator moves of a corporate leader to our government, they destroy it like Hoover did.
What did Trump do? He lowered unemployment so low he created unsustainable inflation immediately. Then he was mad at the Fed when the Fed needed to raise interest rates before it destroyed everyone on a fixed income in the U.S. like retired people and wounded veterans on disability.
Now, he is having a Government shutdown which before it ends will reduce our economic growth in this country likely to zero or below.
You cannot bring business into government (at least in the U.S.) because it isn't designed for it. IF you do like Trump and Hoover do and did then you destroy that government and country economically completely.
Business is business but basically our government is a bureaucracy. And people like Trump and Hoover destroy all the checks and balances within a government that keep people alive and not dying and starving all over the place like they did in tents by rivers without food during the Great Depression.
My parents grew up in the great depression. Most people today have no idea just how bad the Great Depression was. People who lived through the Great Depression and world war II had serious forms of PTSD for life. I know I grew up around the survivors in the 1950s and 1960s. What a mess that was.
Trump is creating a 2nd Great Depression in which millions around the world will die right now!
Not realizing this is to be very very naive and incapable of Critical thinking in emergencies!
Because we are already in an emergency unless you haven't noticed.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Here Are the New Members of Donald Trump’s Administration So Far
- Trump and Musk unleash a new kind of chaos on Washington
- Crowdsourcing - Wikipedia
- reprint of: Friday, March 18, 2016 More regarding "As Drones Evolve"
- The state of the Arctic: High temperatures, melting ice, fires and unprecedented emissions
- The AI Translated this about Drone Sightings in Europe from German to English for me
- More regarding "As Drones Evolve"
- "There is nothing so good that no bad may come of it and nothing so bad that no good may come of it": Descartes
- The Future of Climate Action Is Trade Policy
- I tried to get a copy from France from French Wikipedia but it just took me back to English Wikipedia:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment