Trump is a total idiot that is for sure, but the libertarian obsession with austerity and pain is only one step above his stupidity.
The truth: Deficits don’t matter because they are revenue and thus a part of GDP. Only problem is they are revenue for only the banks and the wealthy who can afford to buy the treasuries. Democratize the revenue to buy them.
Inflation? Not with a policy of a 50% Discount/Rebate at retail sale which enables $4.50/gallon gas to be purchased for $2.25 and a $500k house for $250k and yet the home builder gets their full price with the rebate aspect of the policy.
Increased Taxes? Nope. Just mandate that the FED pay for 90% of the government deficit thus reducing total taxes by 90%
When you intellectually break through and start analyzing conceptually/paradigmatically you begin to realize that concept/paradigm changes resolve formerly thought of unresolvable opposites and invalidate old orthodoxies
Wisdom is the intellectual process of integrating and resolving opposites, and the beneficial aspects of every historical paradigm change have always been an aspect or aspects of the natural philosophical concept of grace, in this case grace as in the free gift of price/purchasing power.
Wisdomics-Gracenomics the new monetary and economic paradigm policy program.
AT: Your whole argument rests on the GDP being the ultimate variable that describes an economy. I’d argue that is bunk.
Me: Not correct. Its based on purchasing power at the very point of purchase itself. Model the freshman algebra of -50% discount at retail sale to the individual agent + rebate of the total of 50% discounts back to the merchant until you see that this single policy is the greatest progression of profit making economic systems since sea shells were money.
Its become sport for me to come here and prove that the biggest problem humans have is not realizing that changing one’s mind is simultaneously the easiest and most difficult thing to do. Easy if you actually look at the effects of a new applied idea/paradigm concept, and impossible if you’re stuck in your head with an old orthodoxy that the new paradigm invalidates.
Will is the answer to your malady, and the aspects of the natural philosophical concept of grace are the beneficial effects behind every historical paradigm change. Thats the new science of paradigmology. Just call me Copernicus and maybe also Plato or Socrates.