The latest inflation and GDP numbers from the Trump administration are bogus. Trump’s cherrypicking data and using inappropriate data make the GDP and inflation numbers look good, when they’re actually indicators of a poor economy, especially when compared to other nations that are booming and doing so without inflation (e.g. China). Before we look at …
Tag Archives: economy
Government Is More Efficient and Effective Than Private Enterprise
Many people in the private enterprise system of the USA make lots of money by doing nothing productive, just by shuffling money around. It’s called financialization, and these wealthy financiers (egregious examples: Elchonon “Elie” Schwartz, Steven Hoffenberg (with Jeffrey Epstein), Scott W. Rothstein, Gilbert Chikli,Simon Leviev, Moshe Leichner, David Gentile and Jeffry Schneider, Carl Ruderman, …
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Trump’s ignorant tariffs won’t bring US manufacturing jobs back
Tariffs are a consumption tax on the middle calls and don’t bring jobs. Tariffs make the rich even richer at the expense of the middle class. As history in many countries, including the USA, Germany, and China teaches us, government funding of education and innovation bring jobs. In his address to Congress, Trump said the …
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Stem Cells, Health, Technology 