(Da BigQ - does anyone in DC know and understand we have reached CRITICAL MASS? - CL)
There is always some level of grift and fraud in every economy but at a certain point that becomes so attractive in comparison to actually producing goods and services honestly that it expands exponentially and chokes off honest business and entrepreneurship.
If you allow the grift and fraud to continue beyond that point the outcome will be fiscal, economic and social collapse, with each "intervention" to try to stop it producing less benefit for the public at-large, more skewed toward those who control how the intervention happens and each spike higher will be both more-severe and shorter-lived until an effort fails entirely.
History is full of these examples; Weimar Germany, Zimbabwe and many others -- and every one of them has ended in disaster.
Our time to choose otherwise is short -- in fact, it may be on the verge of expiration.
We must choose wisely.
There is commentary that Trump's policies and actions may have an "intended" side effect of letting some of the air out of the market bubble -- in stocks, that is. market-ticker.org |
You can't realistically deport ten million or more illegal aliens, but you can make it impossible for them to work or live in the United States because nobody will take the risk of going to prison for 10 years or more to facilitate them doing so -- and thus they'll leave on their own. You need no new laws for this; the law in question has been on the books since the 1950s and if the government starts enforcing it no American will take the now-realized and real risk of hard felony prison time. If you do this labor value for American citizens and lawful permanent residents will rise and the cost of housing will fall. The same is true if we end H-1b Visas; labor value for Americans and lawful permanent residents will rise and the cost of housing will fall! That's two economic beneficial offsets to what will otherwise be a difficult time and both will occur due to the immutable laws of supply and demand with no outside government influence required.
The entirety of the Federal Deficit problem is found in the medical system -- not "Medicare" or "Medicaid" -- the system itself and its pricing models, all of which are facially illegal under Royal Drug where it was ruled that insurance companies that negotiate prices are not immune from an argument they've monopolized or restrained trade.