1. EachPod

Will Trump Change the Game Or The Players? – Ep. 222

Author
Peter Schiff
Published
Sat 21 Jan 2017
Episode Link
https://schiffradio.com/will-trump-change-game-players-ep-222/?utm_source=rss&utm_medium=rss&utm_campaign=will-trump-change-game-players-ep-222



* Short and not-so-sweet.  Maybe that's how you would describe President Trump's inaugural speech

* Which, I think was the briefest since Jimmy Carter

* But now, Donald J. Trump is the 45th President of these United States

* I did in general like his speech; I agree with much of what Donald Trump had to say

* Talking about how bad things are in the U.S. economy

* Yes, there were some people who benefited

* People in Washington certainly benefited, certainly Washington has been booming, right?

* Because they've been sucking all the wealth out of the rest of the country

* So the bureaucrats and certain segments of the population have benefited

* From central planning and central banking and the cheap money and the bubbles

* But Donald Trump hit the nail on the head

* When he talked about all the factories like tombstones littering the landscape

* How our wealth has been sucked out

* The Middle Class has been hollowed out and the country is hurting

* All this is true, and I like the fact that he says we're going to take back the government for the people

* Take it away from the elites, take it away from the bureaucrats and bring the power back to the people

* All that is great.

* The question is, What exactly does Donald Trump mean by that?

* Does he mean, get the government off the people's backs?

* Does he mean unshackle us from government

* Get rid of all the regulations, get rid of all the taxes and government spending

* Get rid of all the bubble blowing

* Let's have sound money and higher interest rates

* Let's have a real economy so that individual Americans can pull themselves up out of the ditch on their own?

* That we can roll up our sleeves and work our way out of this gigantic hole that the government placed us in

* And if it's going to be free enterprise, limited government and freedom?

* Of that's what he means by "Taking back the government for the people"

* Then, that's great

* But what if he doesn't mean that?

* What if he means a Trumpian "New Deal"?

* What if he's talking about government proactively doing things to "help" the middle class

* Like big spending on infrastructure, where the government employs the people directly

* And creates jobs, like they did during the Great Depression?


Our Sponsors:
* Check out Avocado Green Mattress: https://avocadogreenmattress.com
* Check out Boll & Branch: https://boilandbranch.com/SCHIFF
* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com


Privacy & Opt-Out: https://redcircle.com/privacy

Share to: