During one of the 2016 Republican debates, the Wall Street Journal’s Kimberly Stassel challenged Donald Trump on the projected revenue from his proposed tax plan. In essence Stassel claimed some economists doubted the growth factor Mr. Trump projects in his tax proposal.
What was highlighted within the question was one of the larger hurdles Trump faced as he needs to re-educate an entire generation on a fundamentally new vision of the U.S. economy. A return to a goods-based manufacturing and industry driven economic model.
President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time.
Interestingly, many people have forgotten a 1991 (35 years old) video of Donald Trump testifying before congress – as evidence of him being tuned in to the economic consequences of political activity.
The entire video is well worth watching, because it gives us insight into a very specific moment in time as they discuss the ‘Reagan era’ 1986 tax reform act.
However, for the sake of this discussion post, I would like to draw your attention to a very specific exchange between Donald Trump and Representative Helen Delich Bently (R-MD).
Representative Bently takes the discussion a little off subject from real-estate and engages Mr. Trump on U.S. manufacturing. Remember, this is 1991. (The video is prompted to @39:24) Watch – it’s only about two minutes:
[Related Note – During Donald Trump’s testimony before congress in this video, Marco Rubio and Ted Cruz were approximately 20 years old. This understanding sets the backdrop for a generation who were disconnected from the previous economic model being discussed within the congressional committee itself.]
In this 1991 hearing, Representative Helen Bently is pointing out an ongoing erosion of U.S. manufacturing. Notice how she references current trade deals and “fair trade” versus “free trade”, sound familiar? It should.
What you will find in all of Donald Trump’s positions, is a paradigm shift he necessarily understands must take place in order to accomplish the long-term goals for the U.S. citizen/worker as it relates to “entitlements” or “structural benefits”.
All other politicians, and even Presidents, begin their policy proposals with a fundamentally divergent perception of the U.S. economy. They are working with, and retaining the outlook of, a U.S. economy based on “services”; a service-based economic model. Consequently, their forecasted economic growth projections are based on ever-increasing foreign manufacturing dependency, and a self-fulfilling prophecy of service-based economics.
While this economic path has been created by decades old U.S. policy and is ultimately the only historical economic path now taught in school, Trump intends to change the course entirely.
Because so many shifts -policy nudges- have taken place in the past several decades, few academics and even fewer MSM observers, are able to understand how to get off this path and chart a better course.
President Trump continually proposed less dependence on foreign companies for cheap goods (the cornerstone of a service economy) and a return to a more balanced U.S. larger economic model, where the manufacturing and production base can be re-established and competitive based on American entrepreneurship and innovation.
No other economy in the world innovates like the U.S.A. President Trump sees this as a key advantage across all industry – including manufacturing.
The benefit of cheap overseas labor, which is considered a global market disadvantage for the U.S, is offset by utilizing innovation and energy independence.
The third highest variable cost of goods beyond raw materials first, labor second, is energy. If the U.S. energy sector is unleashed -and fully developed- the manufacturing price of any given product will allow for global trade competition even with higher U.S. wage prices.
In addition, the U.S. has a key strategic advantage with raw manufacturing materials such as: iron ore, coal, steel, precious metals and vast mineral assets which are needed in most new modern era manufacturing. Trump proposes we stop selling these valuable national assets to countries we compete against – they belong to the American people; they should be used for the benefit of American citizens. Period.
EXAMPLE: China was buying and recycling our heavy (steel) and light (aluminum) metal products (for pennies on the original manufacturing dollar) and then using those metals to reproduce manufactured goods for sale back to the U.S. – Donald Trump proposed we do the manufacturing ourselves with the utilization of our own resources; and we use the leverage from any sales of these raw materials in our international trade agreements.
When you combine FULL resource development (in a modern era) with the removal of over-burdensome regulatory and compliance systems, necessarily filled with enormous bureaucratic costs, President Donald Trump feels we can lower the cost of production and be globally competitive.
In essence, Trump changes the economic paradigm, and we no longer become a dependent nation relying on a service driven economy.
In addition, an unquantifiable benefit comes from investment, where the smart money play -to get increased return on investment- becomes putting capital INTO the U.S. economy, instead of purchasing foreign stocks.
With all of the above opportunities in mind, this is how we get on the pathway to rebuilding our national infrastructure. The demand for labor increases, and as a consequence so too does the U.S. wage rate which has been stagnant (or non-existent) for the past three decades.
As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve. More money into the U.S Treasury and less dependence on welfare programs have a combined exponential impact. You gain a dollar and have no need to spend a dollar. That is how the SSI and safety net programs are saved under President Trump.
When you elevate your economic thinking, you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.
As the GDP of the U.S. expands, so too does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie and begin thinking about how many more economic pies we can create.
Simply put, we begin to….
…..Make America Great Again !
If you understand the basic elements behind the new dimension in American economics, you already understand how three decades of DC legislative and regulatory policy was structured to benefit Wall Street and not Main Street. The intentional shift in fiscal policy is what created the distance between two entirely divergent economic engines.
REMEMBER […] there had to be a point where the value of the second economy (Wall Street) surpassed the value of the first economy (Main Street).
Investments, and the bets therein, needed to expand outside of the USA. hence, globalist investing.
However, a second more consequential aspect happened simultaneously. The politicians became more valuable to the Wall Street team than the Main Street team; and Wall Street had deeper pockets because their economy was now larger.
As a consequence Wall Street started funding political candidates and asking for legislation that benefited their interests.
When Main Street was purchasing the legislative influence the outcomes were -generally speaking- beneficial to Main Street, and by direct attachment those outcomes also benefited the average American inside the real economy.
When Wall Street began purchasing the legislative influence, the outcomes therein became beneficial to Wall Street. Those benefits are detached from improving the livelihoods of main street Americans because the benefits are “global”. Global financial interests, multinational investment interests -and corporations therein- became the primary filter through which the DC legislative outcomes were considered.
There is a natural disconnect. (more)
As an outcome of national financial policy blending commercial banking with institutional investment banking something happened on Wall Street that few understand.
♦ When U.S. banks were allowed to merge their investment divisions with their commercial banking operations (the removal of Glass Stegal) something changed on Wall Street.
Companies who are evaluated based on their financial results, profits and losses, remained in their traditional role as traded stocks on the U.S. Stock Market and were evaluated accordingly. However, over time investment instruments -which are secondary to actual company results- created a sub-set within Wall Street that detached from actual bottom line company results.
The resulting secondary financial market system was essentially ‘investment markets’. Both ordinary company stocks and the investment market stocks operate on the same stock exchanges. But the underlying valuation is tied to entirely different metrics.
Financial products were developed (as investment instruments) that are essentially wagers or bets on the outcomes of actual companies traded on Wall Street. Those bets/wagers form the hedge markets and are [essentially] people trading on expectations of performance. The “derivatives market” is the ‘betting system’.
♦Ford Motor Company (only chosen as a commonly known entity) has a stock valuation based on their actual company performance in the market of manufacturing and consumer purchasing of their product. However, there can be thousands of financial instruments wagering on the actual outcome of their performance.
There are two initial bets on these outcomes that form the basis for Hedge-fund activity. Bet ‘A’ that Ford hits a profit number, or bet ‘B’ that they don’t. There are financial instruments created to place each wager. [The wagers form the derivatives.] But it doesn’t stop there.
Additionally, more financial products are created that bet on the outcomes of the A/B bets. A secondary financial product might find two sides betting on both A outcome and B outcome.
Party C bets the “A” bet is accurate, and party D bets against the A bet. Party E bets the “B” bet is accurate, and party F bets against the B. If it stopped there, we would only have six total participants. But it doesn’t stop there, it goes on and on and on…
The outcome of the bets forms the basis for the tenuous investment markets. The important part to understand is that the investment funds are not necessarily attached to the original company stock, they are now attached to the outcome of bet(s). Hence an inherent disconnect is created.
Subsequently, if the actual stock doesn’t meet it’s expected P-n-L outcome (if the company actually doesn’t do well), and if the financial investment was betting against the outcome, the value of the investment actually goes up. The company performance and the investment bets on the outcome of that performance are two entirely different aspects of the stock market. [Hence two metrics.]
♦Understanding the disconnect between an actual company on the stock market, and the bets for and against that company stock, helps to understand what can happen when fiscal policy is geared toward the underlying company (Main Street MAGAnomics), and not toward the bets therein (Investment Class).
The U.S. stock markets’ overall value can increase with Main Street policy, and yet the investment class can simultaneously decrease in value even though the company(ies) in the stock market is/are doing better.
This detachment is critical to understand because the ‘real economy’ is based on the company, the ‘paper economy’ is based on the financial investment instruments betting on the company.
Trillions can be lost in investment instruments, and yet the overall profit valuation – as measured by company operations/profits – can increase.
Conversely, there are now classes of companies on the U.S. stock exchange that never make a dime in profit, yet the value of the company increases. This dynamic is possible because the financial investment bets are not connected to the bottom-line profit. (Prior examples included tech stocks, social media companies, Amazon and a host of internet stocks.) It is this investment group of companies that stands to lose the most if/when the underlying system of betting on them stops or slows.
Specifically due to most recent U.S. monetary policy, modern multinational banks, including all of the investment products therein, are more closely attached to this investment system on Wall Street. It stands to reason they are at greater risk of financial losses overall with a shift in economic and monetary policy.
That financial and economic risk was the basic reason behind President Trump and then Treasury Secretary Mnuchin putting a protective, secondary and parallel, banking system in place for Main Street. They deregulated smaller banks and credit unions with under $10 billion in assets.
Big multinational banks can suffer big losses from their investment instruments, yet the Main Street economy can continue growing and have access to capital, uninterrupted.
Bottom Line: U.S. companies who have actual connection to a growing U.S. economy can succeed; based on the advantages of the new economic environment and MAGA policy, specifically in the areas of manufacturing and domestic production (and the ancillary supply benefactors).
Meanwhile U.S. investment assets (multinational investment portfolios) that are disconnected from the actual results of those benefiting U.S. companies, and as a consequence also disconnected from the U.S. economic expansion, can simultaneously drop in value even though the U.S. economy is thriving.
Trump’s Policy and Economic Solutions in Three Easy To Understand Parts:
Trump Solutions #1 – Domestic Policy
Trump Solutions #2 – Entitlement Reform / Economics
Trump Solutions #3 – The Chinese Example
“… Wall Street Journal’s Kimberly Stassel …”
I find it remarkable that any of these creatures think they have a shred of credibility remaining.
She lives in Alaska and I believe is often reasonable.
Probably voted for Murkowski
Most likely DID NOT 🙂
don’t think anyone votes for her but democrats.
Strassel moved to Alaska when she got married; her husband is from Alaska. Strassel was born and raised in a rural area of Oregon NW of Portland.
Is she the gal with the other shoe about to drop?
She certainly is.
As I recall, President Trump has advocated she be awarded a Pulitzer.
Keep in mind the WSJ is owned and operated by the gross Australian Murdochs who despise PDJT!! 💁🏻♀️
Don’t forget Fox News.
Murdoch became American citizen in 1985 having moved to US in 70’s. Both sons are British born US citizens.
Murdoch gave up his Australian citizenship totally to be able to get into the US news market.
None of the Murdochs are Australian.
They are still gross!
So, if Rupe gave us his Australian citizenship totally to be able to get into the US news market, how are his sons able to do that if they are British . . . maybe no one has asked or it doesn’t really matter to the FCC?
Really, Kimberly??
Chew on this 😎
Because you know it’s true…
I don’t feel a thing.
Have liked Kimberley over the years…but unfortunately she is starting to suffer from WSJ derangement syndrome…
The WSJ has become a run of the mill rag far from it’s glory days prior to the early 2000’s…
Not really.
Ms Strassel is one of the few remaining WSJ Opinion columnists who is CONSISTENTLY conservative.
The “news” side of WSJ is virtually indistinguishable from the NY Times, and most of their “reporting” is leftist opinion writing wrapped in a very thin “news” veneer.
Bird cage liner. Nothing more.
I would use it to wrap me fish n chips
But I won’t be droppin by the pub for a pint (or 2).
If Kimberly really thinks tariffs are going to hurt the middle class and we ought not employ them, then I would say she is not truly conservative; she is what I would call one of those “think tank conservatives” sloshing around in the echo chamber of a . . . think tank. Their discussions are probably like when you are having a meeting and someone calling in to the meeting gets put on the speaker phone and they sound like they are trapped inside a mail box.
The WSJ’s positions align with Neocon globalists much too often. Since its immediate owner Dow Jones & Co. was bought by Rupert Murdoch (News Corp.) in 2007, IMO it has steadily lost its once-mostly-neutral stances and unabashedly defended anti-MAGA / pro globalist policies. They don’t push the rabid leftwing policies like the NYSlimes, but too often the WSJ oppose Pres. Trump’s America First positions and actions. Similar bias as seen on many Fox News tv programs.
Strassel is one of the better ACTUAL conservative commentators out there 🙂
In all fairness, I see people here re-posting from Cat Turd.
Exactly!
During Donald Trump’s testimony before congress in this video, Marco Rubio and Ted Cruz were approximately 20 years old. This understanding sets the backdrop for a generation who were disconnected from the previous economic model being discussed within the congressional committee itself.
Strassel would have been 19 or 20. Same conditions apply.
When I was in my late teens at the end of the 1970’s , I never understood the concept of “foreign aid”.
Why do we send $ to countries that despise us?
It is only recently I became aware of that process being key to the politician’s laundromat towards their personal enrichment while they are in office.
Then they get so addicted to the money and power that they remain in office until they are ready to expire.
Like they can take it with them.
Luke 12:16-21 KJV
And he spake a parable unto them, saying, The ground of a certain rich man brought forth plentifully: [17] And he thought within himself, saying, What shall I do, because I have no room where to bestow my fruits?
[18] And he said, This will I do: I will pull down my barns, and build greater; and there will I bestow all my fruits and my goods.
[19] And I will say to my soul, Soul, thou hast much goods laid up for many years; take thine ease, eat, drink, and be merry.
[20] But God said unto him, Thou fool, this night thy soul shall be required of thee: then whose shall those things be, which thou hast provided?
[21] So is he that layeth up treasure for himself, and is not rich toward God.
“people have forgotten a 1991 (25 years old) video of Donald Trump”
35 year..
“Senior moment”
Tempus fugit
Maybe, but could also be “we had to destroy the village to save the village”.
Undoing the status quo was always going to be bumpy. Remember he is undoing decades of capital movements and investments. I think he is right to do it “all at once.” But factories aren’t built over night, it will take time for the investment to materialize into jobs. Thats where the tax reforms and DOGE come into play.
Buckle up. This, at least, is what I voted for.
I was under the assumption that tax reform and spending cuts via legislation would be done first, before this.
Good luck on legislation for spending cuts, unfortunately. Congress is loaded with big spenders on both sides.
Wait for it. PDJT is not allowing DOGE now to cut, cut, cut just to let congress pass massive spending bills. (Crazy to hear oneself talk about spending bills being passed 😂)… If you don’t get the quip I can’t help you.
As for PDJT he has a general to really good idea on where to start with overall government spending. This next budget should show us the reset that is needed to reign in the abuses. If congress isn’t there yet he will persuade them.
Have faith in our big guy! Fight, Fight, Fight!
I have tremendous faith in PT, I don’t have any faith in Congress to do the right thing. They’ve proven that time and time again.
Methinks the political control mechanisms are gonna get DOGEd.
Greedy Old Possums are gonna pretend for all their worth.
Play MAGA for me.
It’s not their money, so of course they are.
Why wait? 🙂
If he waited on legislation, nothing would be happening, even less than zero!
That’s why he is a leader!
Indeed.
He is already moving the needle in a direction that will undercut every objection congress could fabricate to oppose reductions in their serf oppression systems.
Reagan famously went to the people to make his arguments; PDJT is showing the people his arguments and exploding talking heads are ensuring everyone sees and believes exactly opposite their dark hearts’ desires.
And that is a hard needle to move. Look at the age differentials in the house and senate. House has a lot of young people who have no economics education or savvy. They know nothing about a manufacturing economy because they’ve never seen one. The older house members are likely participants of the paid-for group who benefit nicely in the current system, just look at their stock portfolio growth. The senate on the other hand has many older folks who did see the manufacturing economy and many are the ones who killed it in search of bigger riches and believed (naively) that China would always play nice and be a good little manufacturing hub for the world. Problem is China got tired of manufacturing cheap trinkets just like Japan outgrew their little transistor radios. This is what happens when you are governed mostly by people whose only real life work experience is as a lawyer, with a bartender and a few radicals who have never done anything constructive thrown in.
Builder Boss….
When has that ever worked?
Same here. I deeply resent the communist MSM and Wall Street telling us they know better.
I believe some of the first moves were USMCA.
I wish we would combine robotics, automation, and bring drug manufacturing home. Talk about a key industry.
The West Coast has no paper or steel mills, and using bunker fuel to power large ships is incredibly polluting.
Most of our recycled goods – paper, cardboard (OCC), metal is sent to Asia.
FWIW, an American Toyota division just bought Radius (aka Schnitzer Steel / Pick n Pull) on the West Coast.
How incompetent do you have to be to think that international manufacturing for medications (especially critical ones) is a good idea? It’s almost like they need to impress us with how complex their supply chain is. I’ve frequently seen reports of unsanitary conditions for generics manufactured in India. Using a third world country to save a few dollars sounds like a great idea.
It’s not incompetence.
It’s Communist suppression of the American economy and oppression of their spirit.
Long planned, evil to the core.
This is trying to break our globalism / service addiction by going cold turkey.
The tariffs are a hard intervention, a call to reality that we can’t fall back to old habits. Close that door, trade must balance before tariffs are reduced.
Waiting for the Congress or Industry to move first is like the junkie asking his dealer to stop selling him product. The dealer goes “Sure, I’ll just be right over here if you need me” and just waits it out. You have to eliminate the demand.
Someone of influence needs to relay this information to Rand Paul and Ted Cruz.
“service economy” = slave economy.
good place to start any explanation to the uninformed.
I agree. It’s better to work through the politically painful aspects as quickly as possible. To do otherwise would be like setting a dislocated a little bit each day. No one could tolerate that.
Yup, I was just going to say similar.
It’s taken over 100 years to get to this place and we find ourselves with no choice but to rip off the bandaid.. which some have said is more accurately the second Revolutionary War to gain our freedom back- again.
This is no time to go wobbly.
I feel a lot like although it’s ugly, history will look very kindly upon all of us Anti-Vaxxing, Conspiracy Theorist, Deplorable Dirtbag Trump Supporters.
He said it would hurt for a while.
ONLY THE WEAK WILL FAIL!
https://truthsocial.com/@realDonaldTrump/114281370220943461
Great article. Thank you, Sundance.
Concur. The derivatives part is one of the best discussions in common-speak language I’ve ever seen.
I concur BMasuda it is a brilliant article
Almost positive there are more then one Sundance. Economic Sundance has a very different style then the Dailey Political Sundance or Deep Research Sundance.
Not a critique just an observation and of course I could be full of crap but compare this article with the Benghazi Brief or the news of the day articles and draw your own conclusions.
SD and the rest of us have had 10 years to see all of the reality and nuances of what the globalist had in mind. Ref: CTH archives.
Little did we know the DOGE of it so to speak. The corruption, the vile, satanic nature and depth our govt has sunken to.
If it seems like SD has grown with his acumen for writing and meticulously laying out the facts for us, then so be it. MAGA on SD us Treepers are picking up what your putting down. 💪🏼😎
Listening to the 1991 testimony before that committee sure brings back memories of when our representatives held meetings with real questions, looking for real answers and ideas compared to these days where both sides of the political aisle simply hold hearings so they can do kabuki.
Am wondering – is there some provision in the Marshal Plan, which might have been enacted into a law, that underscored the U.S. government financial decisions that requires a vote of Congress to formally end that plan?
Wondering because this is what is unfolding behind the scenes with the tariffs, requiring all other nations to begin to stand on their own, financially and regarding their own security interests because if it can simply be declared over, that seems to be a good selling point where the world can be told that the Marshal Plan served its function, was a success and now it is no longer needed and that the nations should be grateful for the generational sacrifices American taxpayers committed themselves to in order that the other nations destroyed in both world wars could properly rebuild.
And then get those nations to accept the piggy bank is closed, and stop with their pressure and fake doom stories about tariffs and simply say Thank You to Americans for willingly going above and beyond so they could rebuild.
Great points Ms Bessie. 👏❤️
Good luck with getting the French, Germans, and the English saying thank you to the Americans for anything, they soon will realize that NATO and the EU can’t function without the USA military when PDJT removes our participation in NATO and the EU is shown to be the weak kneed blowhards they all have become.
PDJT is changing the global incentive structure to America’s advantage. The Developing World, which includes Europe these days, needs to understand that the training wheels are coming off and staying off.
People see to have conveniently poor memories. He has done this before to great effect. Color me not worried at all.
It is the biggest buying opportunity on wall street …………who is buying the most …………
Blackrock 10 trillion +, Vanguard 10 trillion + and the rest of the oversized investment firms that must be reorganized like Fidelity Magellan had to be…………..
The size of these firms needs to be capped so they cannot takeover companies.
My thoughts exactly. Was telling my son last night that this is a buy time.
Reading this post brings a thought: in the early 1990s I began a rather abbreviated corporate career. I joined a Fortune 500 right at the time the corporate fad of emphasizing “shareholders, employees, and customers” over operational efficiency.
Eventually it became clear that the primary objective of any corporate agenda was “shareholder value”.
I am guessing that this emphasis coincided with increased influence of institutional investors. I am also guessing that Wall Street was prioritized over Main Street at this same inflection point.
Am I close? Isn’t this also about the time China was admitted to WTO?
Either intended or not, some outcomes of these corporate objectives: further erosion of the nuclear family (50-60 hr work weeks); the introduction and promulgation of “diversity” (our customers are diverse, our workforce must reflect that diversity); the vitality of community organizations such as churches and civic clubs was eroded, as was civic participation by those who worked too many hours to pay attention to those candidates for their local school boards – which was bench-building future candidates for higher office, and the seeding of future leftist activists. More I am sure…and here we are.
I hope operational efficiency becomes the new corporate fad. Profits ensue.
Oh King of the Universe, thank you for Donald Trump. And Sundance.
Edited to correct a phrase “Wall Street over Main Street.”
Amén Amén 🙏🏽
as robotics and artificial intelligence advance wage disparities will become less and less a force affecting c.o.g.s. allowing u.s. manufacturers to be extremely competitive on the world stage
throw cheap and abundant domestic energy into the formula and america can become a manufacturing powerhouse
downside?
a.i./robotics will replace a SIGNIFICANT portion of today’s labor force
hotel cleaning jobs, gone, replaced by robots
accountants, gone, attorneys and medical professionals too
truck drivers, chefs, buss boys, truckers, teachers – virtually all 100% gone
and all well before 2030
this monumental shift is coming much more quickly than many realize
Question, does that robot know the thickness and molecular makeup of the two pieces of steel you’ve asked it to weld together?
People need to try and remember what the “A” in AI actually stands for.
in that instance, mr/mrs robot might need to defer to his/her metallurgist robot buddy
He’s Jean-Baptiste Zorg.
hmmm…a robot that could go thru a hotel room, scan every item correctly like the telephone and w/ one arm lift the receiver & w/ the other take out a disinfectant cloth and vigorously rub clean the ear + mouth piece …then replace and rub down the entire unit. Well, that’ll be a site indeed! Question I’d have is: how much maintenance and constant technical care will such a unit require?
if the lil feller is made in chyna, quite a bit of maintenance
if usa made, not so much
the repair/maintenance robots will be wrenching on their fallen comrades
no sick days or health insurance requirements and operational costs as low as 2 bucks/hr
“truck drivers”
The lawyers are going to be ecstatic when a big rig malfunctions and causes a fatal accident.
One of my brothers is a truck driver. There are enough issues with just the automatic safety braking systems now.
Slamming on the brakes for a close overpass in the city, or on a wide sweeping curve just because of a bicyclist safely pedaling along the far right shoulder. The list goes on.
what about the guy driving the pacific coast highway and a deer runs out and the cars swerves over the cliff and into the ocean
that self-driving technology is no where near prime time
A.I. with all the sensors seem to do “OK” in familiar mapped city situations.
UNLESS an unusual situation arises that it is not encountered.
Yeah
Life.
Out on the open road, issues just like you described.
https://www.ericpetersautos.com/2015/12/22/the-not-so-safe-self-driving-car/
“….Evasive/emergency maneuvers are almost always technically illegal. But they are often the only way to avoid an accident.
Humans can process this – and are capable of choosing the lesser of two evils. A driverless car cannot. It only knows what the sign (and law) says and is programmed to obey as doggedly as Arnold’s T800 in the Terminator movies.
Nuance is not yet a machine thing.
And that’s a real problem, not a hypothetical one. Prototype driverless cars that are in circulation have twice the crash rate of cars with human drivers, according to a just-released study by the University of Michigan’s Transportation Research Institute (see here)….”
Self-Driving Tesla Runs Over Kid – Keeps Driving
By eric -November 1, 2024
“…The owner of a self-driving Tesla posted a video on the speech suppression social media site now called X that shows his self-driving Tesla driving into a deer that was standing in the road. The self-driving Tesla not only hit the deer – it didn’t stop driving.
It could have been a kid standing in the road. And that’s the point. One missed by the owner of the self-driving car, who describes the deer strike as an “edge case.” Not for the deer, of course. And – potentially – not for a kid (or adult, for that matter) who gets in the way of a self-driving car. Which is a car driven by its programming and machine intelligence. Which lacks empathy or remorse programming…”
https://www.ericpetersautos.com/2024/11/01/self-driving-tesla-runs-over-kid-keeps-driving/
You’ve been hitting the Koolaid too hard.
Did you follow that recent dockworkers strike over automation?
How’d that all turn out?
Don’t the teachers unions usually win?
If you think that Americans are all gonna just roll over and lose all our jobs to robots, then you don’t know Americans very well, that ain’t gonna happen.
No we are not going to be replaced by robots.
All we have to do is say “No, we ain’t having this” –just like Donald Trump says everyday.
We’re here today because we’re done losing.. we’re done.
There is a whole lot that is now over and ending.
it’ll happen slowly and innocently enough, then, bam, they’re everywhere
adoption will begin with opinion leaders and the well to do owning the likes of what’s in the following article
https://www.nytimes.com/2025/04/04/technology/humanoid-robots-1x.html
it may or may not suck, but there’s no stopping the inevitable advancements in technology coming our way
ports can delay adoption, but they will be automated over time
jmho, no need shoootin the messenger
it’ll begin with opinion leaders and the wealthy first, with units like described below
https://www.nytimes.com/2025/04/04/technology/humanoid-robots-1x.html
then, bam, they’ll be everywhere
whether it sucks or not, the advancements in automation are inevitable, and those ports will eventually be machine operated
dont go shoooting the messenger
Like PDJT said, there’s nothing he could do to make the leftists happy. He could find a cure for cancer and they would scowl and complain!! 💁🏻♀️
An excellent explanation! Well done!!!
Everyone should be required to read this article, especially the people in an apoplectic fit over what Trump is doing.
How about we forward it to ALL of our local, state & federal representatives?
There are a number of wildly divergent points of view by good and intelligent people, but the truth is, no one really knows what is going to happen until we’ve tried it.
It’s because of all the work by Sundance, and also the fact that the Ticker Guy, who knows a lot about financial matters, doesn’t appear to think there is anything wrong with what Trump is doing, that gives me more confidence that this will shake out okay.
Clarion: I voted for what PDJT is doing. The US must rebuild its manufacturing base. US taxpayers, consumers and future generations should not be subsidize the rest of the world. Every once in a while, the stock market needs a major re-calibration.
“Made in America” needs to mean something, once again….reliable, durable and quality product made from quality resources by a focused and quality driven workforce.
Treasury Secretary Scott Bessent on Tucker echoes what Sundance is saying: https://tuckercarlson.com/tucker-show-scott-bessent
Thanks for this link! Good interview, and I like Scott Bessent. However, I beg to disagree that academia is “just now finding out” that the American Worker never recovered from the “China Shock.” If that were true, we would never have seen all those endless, hateful tweet streams led by profs & journos that relentlessly mocked the dignity of the laborer by telling them Learn to Code!
As a member of a family that’s been supported by class a truckers, I completely support PDJT’s tariff policies. It’s what I voted for!
Absolutely electrifying.
President Trump’s thinking from eight years ago. Few believed it could ever happen.
Step One: Reinstate “Glass-Steagal!” These two individuals had just lived through “The Great Depression,” and they damned well knew how it happened.
And now, because “Messrs. ‘Dodd’ and ‘Frank'” didn’t know history, it has very-promptly now happened again.
^^^ THIS ^^^
I am not a financial whiz, but I believed Ross Perot.
What I have researched is that repeal of Glass-Steagal was instrumental to what happened in 2007-8.
All I know is that after Dodd-Frank most of the small community savings banks disappeared.
America was a fundamentally better country back then. No screaming, no owning, and look how both parties treated him well.
Until we get out of all these wars, including the now desperate attempt to replace Ukraine with Iran, the transition is going to be very difficult. Money better redirected into the productive economy are being siphoned off to the Permanent War Economy.
Trump needs to definitively state “We are not going to war with Iran. All you people who want that, get that idea out of your heads.”
And “rebuilding our military” is a lot easier if he gets rid of all the government bureaucrats in DoD.
We’re spending trillions on mercenary wars. Trillions that could be used to build factories and put kids through trade schools to build and maintain those factories. And train the next generation of engineers to design, build, and operate the next generation nuclear, gas, and coal plants.
Instead, we’re dumping money into wars in pursuit of the Neocons’ dreams of global conquest.
Re: Iran, I disagree. We _cannot_ let the Mad Mullahs have access to nukes of any size or yield. They _will_ use them against us.
Absolutely not. Same thing was said about Iraq. If 19 years of war in Iraq didn’t teach you that war with Iran (which is a LOT bigger) is doomed, I can’t help you.
Send your own kids.
Don’t drag us down the drain because you are scared.
I don’t believe for one second that a country like Iran would dare do such a thing, it would be suicidal.
Great analysis. And more here: https://truthovernews.org/p/tariffs-are-the-weapon-china-is-the
One of the best descriptions about financial markets and all their mixed products and workings. Well done!
Today I had a patient come in complaining that her Botox is about to be tariffed. 🤣 Not sure if that’s even true but it’s sooooo LA.
LoL!!
Yikes!
Botox always looked like a scary proposition in the first place . . .
that and liposuction!
And more worry lines, from worry about the cost of Botox, requiring more Botox? Capitalism…I love it!
I think Trump is misunderstood. In 5 years, much of manufacturing will be done through AI and robotics. In that case, there is money made on the product, and on the Intellectual Property (IP). I think what Trump is really trying to do is capture the Intellectual Property market, by bringing the most brilliant students and entrepreneurs to the US, and by having the manufacturing facilities that will use these newly developed technologies.
Universities have to be quickly turned around to focus on their primary objective – producing graduates capable of being the next Steve Jobs or Elon Musk. This is where Trump is headed, but he has to sell it as bringing manufacturing jobs back to the US. That is incidental. He is positioning the US to be the leader in new technologies.
You’re thinking large manufacturing facilities yes? Small business will be out there creating and innovating and likely not dependent on AI or robotics.
Sort of like mining….first come the prospectors and initial developers then comes the big developer to extract.
I personally enjoyed the “rapport” and good-naturedness of the discussion from R’s and D’s. Civility on parade. Sorely missing in this time.
To put things in perspective; born in 63′ and grew up in Appalachian Mountians in PA.
When I was coming of age in the late 70’s and early 80’s, we had:
Less regulations in business and personal, i.e. township and county rules for housing
MANUFACTURING! steel mills, textiles, clothing manufacturing, shoes, glass, leather, electronics, appliances, furniture, etc.
Far more simpler cars, a father could change his own oil. Tucker just recalled buying a Harley last year and could not change the oil, the dealer had to do it.
Appliances that lasted 25 years.
NO TRANSGENDERED.
A real military.
Main street small businesses.
One income households that could build wealth.
I relate this all the time. I mowed lawns to pay for college since I was 10 years old. I could get on my bike and ride into town and buy 22lr shells at the hardware. Ride home, go into my bedroom and take the Anschultz 22 off my gun rack, go the gun safe and take out the Ruger Mark I 22lr pistol, and walk our through the village houses to the shale quarry and shoot, and nobody thought anything of it. Today, if I carried anything without it being in a case from my front door to the Expedition, the neighbors would call the cops.
Where are we now?
If we do not get off of this path, there will be no country.
POTUS is correct. And do it all at once.
My mother has an upright freezer in the basement, running since 1965 or 66. Never serviced, the door seal is still good.
I bet you did not wear a bicycle helmet, either.
That is awesome! What brand?
Whirlpool
The little orange pilot light on the lower right corner of the door no longer works.
It has the exposed coils in the back.
I also rode in the back of a pickup truck bed on the highway. And it was legal!
👍
Appliances that lasted 25 years?
Hold my beer…..
I just bid a sad and tearful farewell, today, to my Sears Roebuck Kenmore fridge….manufactured in July of 96. 27 1/2…
Just as a qualifier, I’m 55 (older Gen X). I don’t mean this as any offense to ‘Boomer’ posters. But, it would be great for younger generations and for the financial and economic ethics of our society if we could get weaned off the 401k mess. The middle class should be able to amass their own retirement funds without being reliant on the risings and fallings of Wall Street and all the hedge fund games it plays as described above. Being able to survive in one’s golden years shoudn’t be dependent on Black Rock.
In agreement.
Change the tax code to not penalize withdrawing or transferring those funds to other places and likely people will move their money.
It would certainly be helpful to encourage to get Congress on board with changing the tax code to that end.
That and canceling the income tax for good.
What are you talking about?
My wife and I have been comfortably maxing out our 401ks for 20+ years and have a nice-sized retirement fund… and we still have 20 years till retirement.
Over the years, there have been rise and falls, but you stay the course.
If you spend your life worrying about boogeymen like BR, you will never amass wealth.
“Being able to survive in one’s golden years”
I agree with everything except referring to retirement as the “golden years”.
My maternal grandmother was fond of saying there are no golden years when you are aged.
Was a nice cutesy saying, but most of us are physically falling apart and will not be able to do what our minds would like.
I am in those aforementioned golden years and still work…out of necessity….insert crying emoji.
Which one?
😥 😢 😭
I would like to go back to work, but at this point it would create just as many complications as it would solve.
A lot of gamers were already PO’d at Nintendo for pricing the console and Mario Kart World at $499 and $80 respectively.
In our piece in American Thinker, my son and I agreed with Sundance. He wrote that Trump is advocating “a return to a more balanced U.S. larger economic model”. We pointed out that Trump’s reciprocal tariffs are designed to promote “Balanced Trade,” which can grow forever, whereas imbalanced trade eventually bankrupts the trade-deficit country, currently the U.S. We also agreed with Sundance that Main Street has *not* been benefitting from the current imbalanced trade system. We wrote:
“During his first term, Trump’s tariffs, primarily upon trade-surplus China, helped ignite a U.S. boom in which real median income in the U.S. climbed sharply. Under Biden, however, median household income fell. In fact, except for the first Trump administration, median U.S. incomes have been flat throughout the 21st century, the period during which U.S. trade deficits have been high.”
As a lifelong resident of Maryland (excluding a 5 year stint in Ohio in the early 1950s), I have very positive memories of Rep. Bentley representing Republicans in the best ways possible, and standing solidly on her positions that would be called “MAGA” or American First by anyone today.
Helen Delich Bentley was one of the most ardent defenders and proponents of the Port of Baltimore, as well as a career-long proponent of tariffs and other protectionist trade policies that served to keep American manufacturing viable. She was a fierce vocal opponent of NAFTA and joined forces with Ross Perot, despite both of them being unfairly maligned by all Establishment news organs, including the local leftist rag, the Baltimore Sun, who preferred to quote then-Governor Wm. Donald Schaefer, an enthusiastic supporter (and woefully misinformed) of NAFTA.
Bentley was one of, if not THE LAST strong and diligent Republicans the state of Maryland has ever elected to Congress. Were she still in Congress, I have no doubt that President Trump would have asked her to serve in his administration. Ms. Bentley passed away at age 92 on August 6, 2016 just before President Trump won the presidency. She would have been delighted at the outcome.
Spent over 30 years living in the “Peoples Republic of MD” myself [76-2007]. In the mid 70s there was a functioning GOP, albeit for the most part pure Establishment types. By the time I left, a statewide GOP office holder was an endangered species.
Maryland went from “purple” to deep blue in those 3 decades. So glad I’m outta there now and living in TN 🙂
It has always fascinated me that those on both sides of the political spectrum who oppose tariffs who are emanating the stench of outrage and panic never seem to have a problem with this country being ripped off by countries which impose their own exorbitant tariffs against the United States. Or is it a case of what has been so good for the goose isn’t for the gander…
Where is the screaming over those?
The ones President Trump has assessed aren’t permanent but are designed to achieve parity…that is all.
I’d like to hear someone attempt to square that circle.
Betsy — what fascinates me is that all of these tariff haters never….and I mean NEVER….seemed to object to the wide array of pre-Trump tariffs, quotas, and set asides that has warped trading arrangements for decades.
While some of the tariff critics “may” be truly against tariffs…..I suspect most of them are just NeverTrumpers.
Clearly, grasshopper.
It’s not the policy. It’s the man.
Wonder how all those Congressional insider traders are coping after today…
I hear you.
Tariffs may aim for parity, but they often end up hurting U.S. consumers and small businesses more than they pressure foreign governments. Retaliatory tariffs, supply chain disruptions, and higher costs at home are real consequences, even if the goal is fair trade. Wanting smarter trade policy doesn’t mean blindly accepting being “ripped off,” it means finding tools that don’t feel like economic self-sabotage in the short term. Tariffs may sound tough, but they’re a blunt instrument in a very nuanced game.
And from a historical perspective – this is the first time in history that the DJIA has dropped more than 1500 points in back to back days.
If Trump doesn’t calm the masses down quickly, I don’t think he’ll make it to Midterms. IMO
He has always said the results he is sure will come would take time, M. After all, we haven’t arrived at this juncture overnight. Yes, two horrid stock market days will frighten many with 401ks, but we’ve been here before in 2008 when there were weeks of day after day triple digit losses.
Ed Dowd, a voice I listen to, has said there will be a recession. That will be unavoidable I fear. But such things are always cyclical. What goes down has always recovered. End times are not here yet.
I am of the opinion that the pain coming will work to our advantage in the long run, short term not withstanding. President Trump is dismantling the evil unipolar globalists. Someone has to do it, or our future and that of our progeny will be bleak in ways which are horrible to imagine.
We may be going through hell, but this project requires that we keep on going to the other side.
President Trump has my full confidence. He will finish his term.
I mostly disagree with your post, but in particular, I really don’t think it’s the “masses” that need to be calmed down. All the noise is coming from the media, institutional investors, and what I would collectively call “Wall Street.” Half the population couldn’t care less about movements in the stock market, especially those who pay no attention to their 401(k)/IRA or don’t have one at all. Yes, you have certain people who are more aware of what’s happening, particularly in older demographics, but that’s really out of necessity.
What bothers me most with your post is it sounds like typical news propaganda. Queue the talking points: “We can’t do anything about trade imbalances. Those jobs aren’t coming back. We can’t use tariffs, we can’t risk price increases, we can’t make China upset.” What you’re essentially saying is that we can’t do anything which is a LOUSY strategy. To your point about “finding tools that don’t feel like economic self-sabotage in the short term,” that’s code for doing absolutely nothing. There are no such tools. If we continue down the path of inaction, we’re not going to like the results. People have to learn to tolerate some short-term pain.
I think Congress is full of dim bulbs that can’t even understand or explain tariffs and trade to their voters. Therefore, they decide to avoid the subject entirely and not risk making economic predictions or decisions that will blow back on them.
This subject matter involving tariffs, trade, embargo’s and Wall St vs. Main St. is best handled by experts, and thank God we have them in our government now. Thank you President Trump for your experience and for bringing all the economic geniuses together to bring prosperity back to our nation. I don’t care if we get AI, robots, workers or elves, as long as US productivity rises and our supply chains are realigned, because in the long run, this restructuring will ultimately benefit our people.
They know enough to carry on with their insider trading, something which the rest of us if we engaged in it would find ourselves ruined and in prison, sis. They know enough to see when their “wealth” is threatened.
Their whole world of grift (lobbyist $$$!!) is in peril anyway with the demise of USAID and much more besides.
I doubt very much they care about anyone outside of their small world beyond their power, status within their social circles, and the filthy lucre they accumulate from their $174,000-$250,000 yearly salary we pay for and for which we receive their sneers and their dismissal of us as the untermensch.
We “untermensch” are the ones President Trump has sacrificed his life for. God bless him for his efforts to raise us up from the depths they have shoved all of us into. If it takes enduring whatever pain comes while we as a nation find our feet again, I’ll endure it. And yes, thank President Trump for his tireless dedication in getting us there.
Oh Betsy yes, they are definitely greedy and have no compunction about working with the vermin banksters and Wall Street sharks to make a buck.
I just don’t think they are smart enough to enact Policies that benefit the country, since the economic complexities are way above their collective pay grades. They are also beholden to the deep state corrupters, who have something over their heads, so they dare not enact any meaningful change that could shift the economic paradigm away from the grift and graft.
Oh my we are witnessing some extraordinary seismic shifts here and globally. If we check the Richter scale, I would say it’s approaching a 9.9 with countless aftershocks coming. Buckle up ladies and please pass the popcorn…thanks 🙂
Amazing article.
A great point is that millions of people have lived in an economy where they don’t remember friends and family members who actually worked in manufacturing like some here do.
I understand concern with changes but a lot of the apoplexy is manufactured. Where was it when Biden (handlers) and Old Yeller were creating intentional “transitory” inflation, in part through their uncontrolled spending, that effected, and still is, everyone’s finances.
I pointed this out to a friend slightly younger than me today. I remember the signing of NAFTA, and my family members losing jobs as plants went to Mexico and other places. My Dad worked at a succession of jobs in the state. He/we went layoff to layoff not quite knowing if we’d have a car that ran, pretty much required where we lived, or much else. It made for a tense, and sometimes hard living. I’m not asking for pity, many others had it a lot worse. But I distinctly remember the before and after. As a country we squandered away all we had built up from WWII. My grandma lost what she had in the ’94 bond market crash. After that the Dot Com bubble. Then the GFC. It’s like a frequency wave and the amplitude keeps getting worse.
The most stunning thing to witness in the video was after Trump’s discussion with Helen Delich Bently (R-MD) about taxes, a Democrat, Jimmy Hayes D-LA, then made some comments and asked questions that showed both intelligence and common sense. Two attributes that are completely void in the Democrat party today.
Recently there is video bring played on FNC of Nancy Pelosi (D-CA) from 29 years ago and Charles Schumer (D-NY) from 20 + years ago advocating for positions on immigration & government waste & fraud that are diametrically opposed to what they advocate now.
Are you saying these scoundrels aren’t principled?
All I am saying is that they have failed to elucidate any reason for a shift in their position.
We are entitled to change our minds on things in life. However, we should also be able to describe the evidence that we were exposed to that precipitated the change in our opinion.
Hayes later switched parties. He is more knowledgeable about the intricacies of real estate transactions and tax law than any current member of Congress I would wager.
Thank you, Sundance!
Wow there is so much information and analysis here to understand.
Finally Americans have a leader in Trump with brilliant ideas, and the courage to face down the elite and powerful “money changers” who have controlled the money supply at our expense since 1913.
Globalist trade policy was a disaster for hard working Americans who lost good middle class jobs.
We as a country and as workers lost the skills many of these workers had, such as in ship building. You can look around New York City at old apartment buildings which have intricately carved and beautiful stone work. You never see that kind of workmanship anymore. Where did the skills go? The jobs requiring craftsmanlike skills went away and the skills were lost.
But now we have a leader ready to bring back industry, bring back jobs, and the little mom and pop stores will make a comeback instead of being looked at as a dying breed, without the ability to compete with online mammoth stores.
The big problem with big international stores is there is no connection to the shopper. There is no incentive to supply good customer service. The customer has to just adjust to whatever the big box store offers in the way of customer care. The owners just care about maximizing profits, the shoppers be damned. The values and incentives of the multinational corporations are perverse.
Here is Batya Ungar Sargon speaking on Piers Morgan about the tariffs. She spent a year going around the country and interviewing working people from all parts of the county. Even though she had always been a “progressive,” by the end of her research she totally became MAGA!
https://x.com/search?q=batya%20ungar%20sargon&src=typeahead_click
Thank you Sundance for your incredible research and analysis!
Yes, we are blessed to receive all this amazing knowledge on various subjects from Sundance. Better than any present day college curriculum and no wokeness!
Plus not just the info presented, but additional points of view make this site a smorgasbord for the mind. Yum!
Unwinding the globalist world order was always going to be painful in the short term. President Trump is dismantling it brick by brick with tariffs. The days of robbing America’s middle class and giving away the money to foreign countries are over.
It’s unfortunate the Senate backstabbed Trump on the Canadian tariffs, that is a critical part of the plan.
We are here because the greedy and increasingly corrupt UniParty sold out America time and time again for decades, culminating in the most disastrous economic presidency since the 19th Century in Biden.
Break China’s back now before it’s too late.
Fascinating + educational…. WOW
The jobs report came in much stronger than expected. Now watch it continue to be “better than expected” all while the media propagandists tell us the sky is falling…again.
In March, the U.S. added 228,000 jobs — nearly 100,000 more jobs than economists predicted and the fourth-highest month for private payroll growth in the past two years. In fact, last month’s jobs increase is roughly twice the pace of the previous two months.
The report highlights a resilient labor market as companies aggressively onshore jobs amid President Trump’s bold trade and economic agenda.
Private employment grew by 209,000 jobs — well above the pre-election 12-month average of 124,000 jobs:
+ 23,700 jobs in retail trade.
+ 22,900 jobs in transportation and warehousing.
+ 13,000 jobs in construction.
The number of full-time workers increased by a remarkable 459,000 over last month, while labor force participation grew by 232,000 as more Americans seek jobs.
Americans’ wages are up, with nominal hourly wages rising by nearly 4% over the past year.
Under Biden, government and government-adjacent employment accounted for nearly three-fourths of new employment. Under President Trump, that number dropped to just 42% in March.
https://townhall.com/tipsheet/mattvespa/2025/04/04/look-how-the-associated-press-reacted-to-the-march-jobs-report-n2655020
This article should be required reading for all high school & college economics class students.
Also forward a link (with an encouraging note) to any and all family & friends who’ve previously revealed their lack of understanding about this topic.
A hat tip to our esteemed host & author.
Hey stock prices were a lot lower than they are now when Joe Biden was running out of ink to pay for giant scrubbers to make the air safe for all the college graduates to get their loans paid.
Blackrock is short.
Just not used to seeing “(R-MD)” after the name of a pol.
Dem hypocrisy at its finest! Takes about a minute to get past the intro but a ‘fun’ watch.
“That was the Democrats before the Working Class ditched them!” Great line…been a LiberalHivemind fan for six or so years.
Great explanation SD.
Back in the day when derivatives were being “invented,” my younger brother was a Wall Street money-chaser who worked for one of the big NY investment banks and took part in the entire derivative development plan, and I remember two things in particular about his involvement:
First, he traveled a lot overseas, mostly to London, where he apparently spent quality time coordinating with the international banking community on just how to perfect this new, multi-level betting scam so that the investment banks could make trillions, and
Second, that when I pressed him on the details of what they were doing (I was a business lawyer), asking questions on how these things worked, what was involved, the assets, the security agreements, the buyers and sellers, the middle men, etc., he could never give me anything close to a straight answer about anything.
It made absolutely no sense to me then, and it makes no sense to me now. Why anyone would create a multi-trillion dollar, international FIAT financial scheme that involves roughly half of the investors betting on companies TO FAIL just doesn’t seem like anything that will come close to advancing the betterment of humanity.
All it does is create a gambler mentality. Betting. Chasing money. Getting something for nothing. And with the investment bankers raking in trillions while acting as the “House.”
There are thousands and thousands of individuals involved in this money-chasing scam against humanity. In the coming weeks and months I think we’ll begin to see most of them outing themselves through their desperation.
Take note of who they are.
Godspeed.
“There are thousands and thousands of individuals involved in this money-chasing scam against humanity. In the coming weeks and months I think we’ll begin to see most of them outing themselves through their desperation.”
There is a phrase “Thinning the herd” that somehow came to mind when I read that paragraph.
It was all doom and gloom from Ben Shapiro today.
His network is fighting for its financial life…so there’s that…
Did you notice Democrats back in 1991 did not act like total morons grandstanding in this hearing as they do today at a hearing.
It was amazing to see them act civil. I actully enjoyed listening….
JMO.
The following statement is a perfect example of President Trump “MAKING HIS OWN RULES” to beat the “catch -22 trap” that the globalist / communists in the Legislative and Judicial Branches have set for the Executive Branch over the past century:
“In essence, Trump changes the economic paradigm, and we no longer become a dependent nation relying on a service driven economy.”
__________________________________
The globalist / communists ….. be they democrats or GOPes ….. are a “one-trick-pony.”
They have only one trap to set for the rest of us.
It is the same trap, over and over again …… it just has different baits and different rules to obey.
It is the “catch-22 trap”……they make the rules that block your every move so you bounce back and forth and go around in circles until you are either out of time or resources.
There is a universal way to not fall for their catch-22 traps
….. you ignore their rules and
………. make your own rules and
…………… clear your own pathway
……………….. to where you want to end up.
……………………… then go.
President Trump, over the decades, has perfected this method of defeating their “catch-22 trap.”
Learn it well, Grasshopper.
PDJT was such a stable genius back then. How did he get so dumb? LOL Funny how putting an R after your name can do that
Many in office today are too young to remember when everything bought was made in the US from cars, , cameras, radios, tv, appliances etc.
One benefit of being up in years is having a reference point of how things used to be or what a senior citizen would label normal
“Bottom Line: U.S. companies who have actual connection to a growing U.S. economy can succeed; based on the advantages of the new economic environment and MAGA policy, specifically in the areas of manufacturing and domestic production (and the ancillary supply benefactors).’
So, in your opinion, what does this mean for the overall market which is dominated primarily by large tech companies (Berkshire Hathaway and a few others being the exception)? Is it your belief that these companies will struggle and so, therefore, the overall stock market will struggle even though the U.S. economy will be OK? I mean it’s hard to believe there won’t be some impact on aggregate demand from people feeling less wealthy and therefore that will impact those companies that are trying to manufacture goods.
Thanking Sundance again for those three articles from 2016 – they all hold up, beautifully!
Printing out now for my Mom to read and I know she will enjoy them; she subscribes to the “Wall Street Journal” and reads that every morning, Monday through Saturday as a sort of baseline to see what is being reported out there and because she prefers to read rather than listening to and watching the “news” which is not good for the blood pressure. She reads at her leisure and coolly filters . . . she could be THAT gal on the beach looking out at the ocean, except her hair is gray with some black, still.
“she prefers to read rather than listening to and watching the “news” which is not good for the blood pressure.”
Good for her. I change the channel on my mother. Keeps her away from the lies and my BP down and serenity level up
Like now I have to go flip off CBS news to Diners Drive Ins and Dives until Wheel of Fortune comes on.
The dems play the long game, and if congress doesn’t codify his EOs, the dems will undo it all
Disagree…Trump is playing the long game…Dems are pretending to be confident but deep down they are clueless as to what to do…and I’m including the DS who is giving the Dems their marching orders…the DS is clueless…
The Dems are covering embezzlement, perversion, Frankenscience and treason. ANYBODY faint of heart needs to put themselves in a zombie state and hide in a cellar until the massive explosion that is the MAGA mandate subsides
Don’t worry, President Trump is implementing shock treatment, that’s exactly what a good economist would do. Just keep fighting inflation, don’t let corporate america raise prices.
Make corporate america keep prices down and work for it, or loose their ass! – they won’t be getting subsidized this time!
We are trade warriors !
Faint of heart or dumb as dirt etc, into the closet because they would not know what the word cellar means nor would they have one.😳
“…Dems are pretending to be confident but deep down they are clueless as to what to do…”
Respectfully disagree. The dems know damn well what to do, which is to be thankful that they finally have a president that is both willing and able to set the nation back on a healthy and sustainable economic course. Their protests come from being good little democrats that always do as they’re told, which, when it comes to all matters Trump, is to stand and shout in fierce opposition to anything and everything he says or does.
There is much noise about stock prices these days. Rest assured that in between their public outbursts these democrats are privately working feverishly with their Wall Street insiders to make their plans on which stocks they can short sell for the most profit;
Rule Number One: Follow the Money!
Rule Number Two: Never Let a Crisis Go To Waste.
Democrats don’t have the discipline to own any stocks. Some of their stupid financiers have been receiving fake money but that’s not exactly a display of intelligence.
But as soon as it starts touching their stuff they’ll stop. We’ve moved from political warfare to economic warfare. We’ve got them right where we want them, this is our game!
But yet they just won that election in Wisconsin.
Upcoming Fair elections (as just seen this week) will make the Democrats wishing they never saw PDJT. or MAGA… the reason for his many assassination attempts
You forgot to mention the RINO’s. The issues are not party centric. They are Uniparty corruption centric.
Listen to the little piggies squeal due to their masters zapping them; Rand Paul, Ted Cruze, & Charles Grassly are showing their porky little snouts.
Agree…that is their only attribute I admire…
D’s are in it for the long haul…focusing on their leftist /communist agenda…they focused on courts long ago and now it is paying benefits…
Might take a few generations but they will stay the course on “their” principles…
They have no souls and therefore no choice. Meat puppets do as they are told.
End
LMFAO They don’t have a few generations. The Dems with any brains rolled out of the muddy fields of Woodstock, and now crawl the halls of power on their walking sticks! The younger Dems are aborting their babies, genitally mutilating themselves, and believe they are so fk*** special that they don’t need a REAL world education.
They are a dying breed. They have hunted themselves into extinction, and its great to watch!
Wish I could agree with you, but it’s not what I see. All around me, they are breeding at astonishing rates.
All Dem voters, their children and grandchildren Dem voters – and all because the Dem plantation pays them to do so. Some have been here for generations, others are new migrants.
They are and will continue to be Dem voters because of the hand-outs. Sad and sick.
They aren’t Dem voters, they are people who vote for welfare checks. They will soon vanish.
How so? You can’t deport the ghetto Blacks that were born here, nor the ghetto Whites who’ve now joined the welfare ranks.
I don’t wish to argue, but am seeing something different, unfortunately. So many mentally-challenged families who cannot support themselves. And although they can’t do much else, they can vote.
Sadly they won’t soon vanish.
At some point lawlessness will encompass the world.
What state/city is that which you describe ?
Illinois, major emphasis on “ill.” Even rural areas have turned ghetto.
Thank you for answering. Arizona here.
Yeah, all these years under Prickster’s thumb have ruined this state. But hey, he still had that Ukranian flag flying high at the IRS building the other day.
You just may be right. The average dimwit slob won’t have that USAID money to collect, is on self destruct and the remaining are all mentally ill. Then there’s the effects of the jab that they all lined up for – that should cull even more, sadly.
I hope the Demoncrats keep talking..by this time two months from now, their approval will be at 10%.
Most of their congress critters, and a lot of Rinos for that matter, are waiting every day for the clock to strike 7:30 so they can have their nightcap and tuck themselves in bed; the kind of people that believe they can take their wealth with them when they die.
Thanks for your concern. We here are playing to win because the stakes are high.
My money is on the Patriots.
Period.
They…are going to wait at least 20 years. President Trumps term…JD…8 years…DonJunior 8 years…oh…Barron 8 years….28 years is a long time!
MAGA
GRACIAS DIOS
One problem. JD can’t win the presidency. MAGA is a Trump coalition only.
That’s way too pessimistic. MAGA is not a “Trump-only” coalition. MAGA was the Tea Party before Trump began asserting himself, and it will be something else after he is gone. Do you really believe that after the last 10 years MAGA World is just going to go and stick its head in the sand after Trump’s term is over? That’s not going to happen.
If you haven’t noticed, we are gaining strength as the years go on. I don’t know if JD can win or should win in 2028, but I know that whatever happens, MAGA will have a lot to say about it. I believe MAGA, the real ones, will be in the majority in the not-too-distant future. Especially when you consider the way Gen Z is trending.
Maybe Marco Rubio in there too.
I might like Eric Trump better than Don Jr. unless Don jr can get his personal life more stabilized. don Jr might not be able to stand the level of heat.
Definitely Barron.
Bubble burst time: None of PDJT’s and Ivana’s offspring are NBC. Ivana did become a naturalized U.S. citizen in 1988, the youngest (Eric) was born in 1984. Barron Trump was born in March of 2006 and I am not sure if Melania naturalized before or after his birth. BTW, I am also against political dynasties.
Republicans too!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The vile Rand Paul is making waves already. Just like the prick did in 2017!
They have a plan, its obvious by now to those paying attention.
Its mueller 2.0., another Lawfare attack just like that was.
Eventually Roberts Court will affirm these Distruct Judges, and when PDJT does what he is Constitutionally authorised to do (which is to ignore the Court), even tho he is within his legal, Cobnstitutional article 2 rights and authorities, they will Impeach him for it.
And, just like with Mueller, it will come down to the Senate Republicans, and again when he refuses to resign, they will balk at actually voting to convict, making it a nothing burger.
But, it will take up a lot of time, newsprint and discussion, and the few left who don’t pay much attention will repeat the false narratives, the “he’s Putins Puppet” crowd, and the rest will move on.
And be in the history books, Dutch.
Exactly how it will play out with one possible difference.
I wonder how many Republican Senators will buckle on the charge of ignoring the judiciary/creating Constitutional crisis. They might find that irresistible in their zeal to be rid of Trump and return to the good ol’ days.
No, as Arminius points out, they do not want to stand in the spotlight of history, as having voted to convict.
And, as I tried to convey, the Senate is not actually the Jury, the American People are; if the majority of us don’t like the POTUS or don’t care, they can convict, if not, they can’t.
But, look at Watergate; they didn’t vote to convict, they just told him they had the R votes needed to convict, and urged him for party and country, to resign.
I think this lawfare stunt will not be successful, but they will continue to try to divide and conquer his support, in hopes of getting it low, just like they did Nixon…