Thursday, May 5, 2016

Is Donald Trump the Second Coming of FDR?

There is absolutely no evidence that Donald Trump has any understanding of how a free market works.

He is in favor of a Federal Reserve that manipulates interest rates---and pushes them lower.

And he holds the asinine belief that government creates jobs that somehow couldn't be created in the private sector:
We do need money to rebuild the infrastructure of the country. The beautiful thing about infrastructure is it puts people to work, immediately puts people to work.But it's got to be done properly, on time and on budget.
DJT is FDR on steroids.

  -RW

5 comments:

  1. ─ The beautiful thing about infrastructure is it puts people to work, immediately puts people to work. ─

    "Strength Through Joy" and all that.

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    1. Without ever seeing the pain he is inflicting on the taxpayers forced to support his "infrastructure" or the consumers denied life saving products because the funding was stolen by his "infrastructure." This guy is more like Hoover than FDR.

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  2. I thought your goal was to separate economics and politics? Lol

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  3. I was interested in the remark: "But it's got to be done properly, on time and on budget." Having watched this over the years (FDR being President when I was born
    ") it seems that "slopped through" seems to be the key to continued employment.

    Remember that FDR had Francis Perkins and Hugh Jackson who borrowed heavily from Max Weber and Benito Mussolini.

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  4. There's absolutely no evidence that you have any understanding of how a free market works.

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