View Single Post
Old 01-20-2025, 08:42 PM   #19018
BoLevi
First Line Centre
 
Join Date: Mar 2019
Exp:
Default

Quote:
Originally Posted by curves2000 View Post
I think we are in for a very interesting 4 years and in a period of time that is changing globally. Trump and the Republican's have an opportunity ahead of them that is very unique that has almost never happened in American history. A former President is returning to the office without any re-election concerns (in theory) and has Senate, House and Supreme Court mostly on their side. I am not saying that this level of power is good but it is unique.

I think that if Trump and company are laser focused on the little guy and actually uplifting and rebuilding America and parts of America that are currently economically depressed, it will be interesting for sure.

There are a lot of policies that could be game changing and others that are mostly for show. I don't know how good or bad this will be and we will know more over the coming months and years.

Bringing it back to Canadian politics, it's apparent that amateur hour should be over for all of Canada. Canadian business, business owners, policies, interprovincial trade barriers, new markets and a smarter way of doing things. Ideologies need to go out the door and we need to expand our economic standing for ourselves and improve our future. I have said it before and I will say it again, We Canadian's are beyond moronic and I really hope this wake up call from America allows us to see it and actually move forward united, smart, with business, security and economic issues at the front.
The US has an enormous amount of economic potential that is not unlocked. It is being hindered by bad fiscal policy, growing public spending, too much regulation.

The concept that unlocking the potential of an economy is "trickle down economics" is absurd. The very term implies someone has a too simplistic view of the economy and how humans create wealth. In a free market, people get rich as a consequence of economic wealth production. The notion that free markets are attempting to hand capital to the rich which then they will hand out in a miserly fashion is nonsense. It shows a fundamentally unsound view of the complexity of an economy. They aren't built in hierarchies, despite the inequal distribution of wealth. They are more like flat networks, with some parts of that network accumulating more capital. This is incompatible with the notion of "trickle down". There is no trickle because there is no down. It's nonsense.
BoLevi is offline   Reply With Quote
The Following User Says Thank You to BoLevi For This Useful Post: