Friday, November 3, 2017

Trump's Economic Miracle

There’s been a lot of buzz from Trump and the Republicans about tax reform, and how they’re going to let working people keep more of their earnings.

This plan is being touted as the best thing to happen for working people since ever.

But underneath the PR, propaganda and hype lies a truth that is not so good for the middle-class.

The first thing that must be dispelled is that any and all ‘tax reforms’ are meant to benefit the middle-class and those who work. Most people will see a little more money in their pockets come pay day, however the question must be asked: what will it cost, who, and where?

Looking deeper into Trump’s tax plan, we can see that for that extra $1K or so less in taxes, and that extra increase in the standard deduction at income tax time, middle-class America, the elderly, and the poor will actually lose more than any of these supposed cuts are worth.

Because the fact is, the money for those ‘tax cuts’ will have to come from somewhere. And the money isn’t going to come from the wealthy. They will, as always, be the prime beneficiaries of any tax cuts.

So where will the money come from?

It will come from cutting social security, Medicare and Medicaid. It will come from school lunch, and other social programs, which are much more valuable and beneficial to many people than $1K or so less in taxes over a year, or a higher standard deduction.

But what can we expect from Trump the billionaire, who sees the world from the point of view of what’s good for his class?

Americans are being conned with cuddly tax-cut talk once again, as in the past. But the outcome shall be, as it always was and will be whenever taxes are cut: the rich will get richer, and the poor will get poorer.

History is chiefly an economic struggle between the haves and the have-nots. The haves will always try to seize all the wealth for themselves; the poor will fight them and get it back; then the cycle repeats all over again. This is not some socialist/communist-inspired talk. This is history in a nutshell.

As for the record stock market highs, it is an illusion; a reflection of how well the wealthy manipulators at the top are doing.

We’ve seen this almost a decade ago when the big crash was preceded by a record-breaking stock market rally, day after day. It’s been 10 years, so we should all be wary of 2018.

How to get out of this predicament?

First and foremost, the power of the petro-dollar MUST be eliminated. Countries must start selling and buying energy resources using their own, or alternate currencies. Alternate banking institutions must be created over which the US has no control.

To the liberal crowd out there, you cannot demand justice, an equal society, or whatever other feel-good ideas you may have, and continue to bask in the unnatural and artificial advantages made possible by the US offloading its debt onto the rest of the world.

Once the dollar is no longer used for oil purchases, its value will plummet, and the US regime won’t be able to keep its artificially-high position in the world. The cheap credit, wars, and extraterritorial sanctions games will have to end. The US will then be busted down to the level of an average Western European country, or Canada. This is the level at which the US should be.

The US-style capitalist system is based on an ever-increasing amount of fraud, thievery and exploitation of other nations. The US can only survive economically if it can off-load and recycle its debt onto the rest of the world. The petro-dollar makes this possible.

That’s why control of oil-producing countries is so vital to the US. For each barrel of oil bought and sold, dollars have to be purchased to do so. This action creates an artificial demand for the dollar, thereby allowing the US to print endless amounts because other nations need it. This makes cheap credit and cheap consumer goods possible in the US. This in turn allows employers to pay people less than they should.

Does this make sense to you? Buying a resource, but only for US dollars because the US has rigged the system in its favor? To do so, it would be necessary for you to buy dollars. Wall St. and all the middle-man vermin will then have to get their cut. In the end, you will pay more money for your resource because you had to buy overpriced dollars to purchase the resource.

The US is running a racket, and why the rest of the world is allowing it is pure idiocy. Russia has for some years been challenging this petro-dollar system, hence the idiotic accusations of interfering with the elections of 2016 and other hype-filled, evidence-free nonsense.

The rest of the world, including US adversaries, are basically subsidizing the artificially high US standard of living, as well as its wars.

That’s why the US has such ire for Venezuela and Iran, among others. These two important oil-producing countries have nationalized their oil for their own benefit, and have been switching to non-dollar currencies in their oil sales. This is something the US greatly fears, hence why both Iran and Venezuela are being subjected to threats and economic sabotage via sanctions and other greasy methods by the Trump regime.

If US would lose the unfair advantages made possible by the petro-dollar, cheap credit and consumer goods would disappear, and people would have to be paid more, which would erode corporate profits; or people wouldn’t have money to buy anything. No more 4K square-foot houses, or a new car every 5 years-let alone two. Life would have to get more humble and realistic for every American, even the wealthy ones.


And why is it always on the government to provide economic stimulus and tax cuts? Shouldn’t the private sector also contribute to the well-being of workers by giving them better wages and benefits? Why is the government subsidizing private greed?

For all the talk about laissez-faire, and demands that the government not interfere and ‘burden’ the private sector with regulations and taxes, the private sector is very liberal, and dare I say, socialistic in its demands for government largesse for themselves. They never seem to get enough of it; tax-cuts, bail-outs, low or no capital gains taxes, no estate tax, lax labor laws; they seem to always get it all, and leave the lower classes to pay for it. 


It's all very contradictory when examined up close.

Trump's 'tax-cuts' are simply a case of giving you one dollar, but taking five away from  you later.

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