WE BORROWED $5 TRILLION
Discussion
I MEAN, YOU CAN LOSE YOUR JOB ON NOVEMBER AND SPEND A FULL YEAR’S PAYCHECK IN DECEMBER ON YOUR CREDIT CARD
THAT'S WHAT WE DID.
we shut down the economy and we spent 20% more
4M fewer people working and 20% more on spending
that’s just impossible to me. but it happened.
and the thing i hate them most… i tell all the time
i hate being a Keynesian economist
‘cause that what we are doing these days
how many hundred billions is the GOVT spending?
how many a hundred billion did the FED print?
add ‘em up then it gives us 2,5% GDP
OMG . I HATE THIS
‘cause that’s not what grows ECONOMIES
ENTREPRENEURSHIP grows economics
INVENTIONS grows economies
NOT THE GOVT
but we’re in this place where GOVTs are causing all these things to happen
it’s time we asked ourselves if we still know the freedoms intended for us by the Founding Fathers.
James Madison said, “We base all our experiments on the capacity of mankind for self-government.”
AMERICA NEW DESIGN
the top-down elitist politics that has dominated the US since the end of the COLD WAR
under Republican and Democratic administrations have failed
yes. we’re materially richer than in 1991 and our big-corps are more profitable
but we’re not united
we’re militarily and strategically weaker
we’re fiscally endangered and spiritually weakened
while material wealth has increased public trust in institutions has declined
we need to restore the constitution
i want to set the direction of this conversation
