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RweSure ago

The Trump administration has the Power to "Fix the Economy."

Do you really believe that?

SoSpricyHotDog ago

If the debt pyramid can even be slightly inverted - the amount of money injected back into the 99% would be earth changing in terms of the economic impact. Any President can start pushing in this direction with the right laws/regulations/prosecutions put in place.

It doesn't have to be Trump, but, he's probably the best shot we've got considering he is the first POTUS that wasn't selected/groomed/pre-ordained by the very same financial pyramid.

Did Trump personally benefit from this very same economic scheme to reward the rich and devastate the poor? Yep.

Does that mean he won't do anything about it? Hopefully not.

RweSure ago

What do you mean by the debt pyramid and what would it mean to invert it. You do know that US debt is already part of the economy right? People invest in T Bills and they then are paid back with interest. Every debt is also a credit to somone. There's two sides to the ledger.

Did Trump personally benefit from this very same economic scheme to reward the rich and devastate the poor? Yep.

Does that mean he won't do anything about it? Hopefully not.

I'm guessing you haven't looked at his tax plan.

SoSpricyHotDog ago

I'm referring to the global financial system that literally grows each year via compounding interest, which can never and will never be paid off - creating an infinite pool of debt, globally. The Federal Reserve is only part of it.

I have looked at his tax plan. In the current global market, his current plan would not help at all. Agreed. It would nearly double our deficit and as a result it will never be passed. But to say his tax plan won't work is like saying his healthcare bill won't work. No shit. Neither plan looks at the root of either issue.

No healthcare plan explores the vast waste/expenditure/capital investments that are piggy-backed on the consumer's shoulders. Through subsidies and kickback programs, insurance payers foot the bill for exploratory pharmacological development and exorbitant medical expenses/salaries/lawsuits/aid programs.

On the flipside, no tax plan bothers to tackle the underlying issue of the infinite debt vortex we're perpetually drilling deeper and deeper into.

If we continue to play by the same rules - we've already lost. Is Trump the man to craft a plan to reverse this? Probably not.