It ain’t buyers remorse,,,

But there are a couple off points about things Trumped is up to that have me feeling a bit queasy,,,

The biggest one is his “Tarrifs” plan.    History shows time and again, Tarrifs do not work.   Much like Communism does not work.   Fact: Tarrifs were a big part of why the first CW happened.   Look to the tarrifs levied against the Cotton markets (and who really produced the most cotton,,,,) and you will see one aspect of Tarrifs in action.  

The other side of tarrifs is much like taxes: the seller doesn’t actually pay the bill.   The buyer does.   So more tarrifs means higher prices and that means those that are already hurting from Biden-nomics are going to feel a further pinch.   

Free markets are the way to go.  You wanna get more revenue AND eliminate the Income Tax (which I am all for!!!) then make a flat rate sales tax, or if you can’t get rid of the income tax thing, make it a flat percentage across the board, and eliminate the regulatory morass off bullshit they call ‘The Tax Code’.   No filing needed at the end of the year, no loopholes, no special status filing, no credit system or ‘refunds’; just a simple deduction and nuff said.   The savings by eliminating an entire agency that has a lower respect rating than a used car salesman would more than make up for any loss of revenue.

ON that note, look at what the BRICS are doing,,,, That may not be true free market, but it sure as hell beats the pants off what we have in mind.    LET THE MARKETS DECIDE, while protecting our interests here at home.  You want to bring manufacturing back, DUMP THE REGULATORY BULLSHIT AND THE ONEROUS TAXES and the manufacturuing will return.   Being a businessman, I would expect Trumped to understand this.   I am certain Elon does,  

Remember the rule of thumb.  You want more of something, you subsidize it, if you want less, TAX IT.    Subsidies can be removing restrictions, just as much as pouring money into things.

Something else that I caught.   Capping Interest rates on Credit cards.    Oh fuck, did that tweak a nerve for me.     That echoes right alongside Que-malas “Price Controls” Marxist pile of dog-doo.    Yeah, people are hurting.  Yeah, many credit companies are charging ursurous rates.   

THATS NOT THE PROBLEM. (well, the ursury is, but no one held a gun to your head to accept that rate; it was a choice if you wanted that credit option.   I know, because I have two cards that have a nearly 30%rate on them, and I have excellent credit.   I took them because I was building that credit rating: it was a ‘bite the bullet to accelerate the process’ choice.   I try like hell to not carry a balance on them.     But I digresss,,,,) Nope, The real problem is deeper than that.   Mostly lack of education in finances: Too many have no real understanding what “money” is, and ISN’T.    Second off, many take those cards with ungodly interest rates because they live beyond their means.   This is the big killer IMO.   Live beyond your means and unlike the FedGov that can borrow at whim, EVENTUALLY you are gonna have to pay it back, and those interest rates stack up FAST.    Francis has some good points on Government Borrowing (and follow the link for an real educational moment.

There is also a human nature aspect to all the spending.   Many people (and I am guilty on occasion) spend beyond their means ‘to feel better about themselves’: we are a materialistic society, we even have a term for it “keeping up with the Joneses”.  Signs of this are all around: you need only look at the plethora of Rental storage places.   Learning to let go of all the bells and whistles and keeping only the essentials does wonders for keeping you within your means.   When I built my house, I intentionally made it small.   A small house gets cluttered very quickly if you start buying every gizmo and thing-a-ma-jig: it focuses me with “do I REALLY need this?” and often, far more often, the answer is ‘Nope!’  (side note, my weakness is, you guessed it: KAYAKS,,,, (and books)   and my biggest clutter in my house is kayak-y gear and camping gear.   Tools aren’t clutter, they reside in the truck or the shed (except the ones I am using around the house at such and such time. But Kayaks and Camp gear,,,,   yeah, I’m a sucker,,,,)

It’s still early in this four year run, and the Man is doing things in a big way faster than anyone ever expected.   And he hasn’t even sworn in yet.    I only hope his Security is Hopped up and in overdrive. 

BUT,,,,I would like for President Trump to invite a few members from the Mises Institute in for a brief run down on why his policy proposals are gonna backfire and bite him (and US) in the ass.   I think his stance would 180 quite quickly.  

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