Welfare For The Rich To Continue

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Abe Lincoln may have been right in saying “You can’t fool all the people all of the time.” The truth is those who can’t be fooled are statistically insignificant. I and some others who read this blog are part of the statistically insignificant group which cannot be fooled all of the time.

If you have no political power, you are going to get soaked by any law that gets passed by congress. That is as close to an iron clad law as can be found with respect to politics and the nature of government. The Republican tax plan and the New Federal Reserve Chairman are payment to the Deep State. Trump does this and the Deep State backs off in attempting to remove him from office.

Most Americans who are educated believe strongly that government causes economic growth. Most people in general don’t think about these things at all. That notion is completely instinctive. Never in the history of the world has a government intervention in an economy improved life for its citizens. The result is and always has been to transfer wealth and income from the bottom to the top.

If you are a Trump supporter, he will not need you until 2020. By then you will be more impoverished than you are today but will in no way make a connection between Trump’s economic initiative and your worsened circumstances. Politicians know these things.

Government is always for taking. No one without political power gets anything.

 

About Fantasy Free Economics

James Quillian is an independent scholar and economist.
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