I bought your book, and subscribed to your service months ago (charged to my credit card), but was never able to get on your app or connected to your website
You actually believe Sinema and Manchin were Democrats? They were Repugs disguised as Democrats. Joe has his own yacht for example and Sinema is extremely wealthy.
Trump regime will be MMT for the oligarchs and hardcore Neoliberalism for the middle & lower class. The friends and financiers of Donald Trump will get unlimited favors - tax cuts, subsidies, government contracts & bailouts (if necessary). The size of deficit isn't a problem when it comes to helping the oligarchs (recall that deficits don't matter when funding Pentagon & war spending as Cheney admitted). This can be done under the veneer of trickle down slogans to boost economic growth.
But for middle and lower class, they must contribute in reducing national debt and deficits. I am sure Trump regime will create a boogeyman version of 'BLACKHOLE' which Rachael Reeves has invented in UK. DOGE will prescribe mindless & needless budget cuts and more calls for cutting legacy programs like medicare, medicaid, ACA subsidies & other social benefits.
So printing press will run in service of oligarchs and Wall Street interests, especially those close to Donald Trump. Even the filthy Cryptocurrency of Tech Bros may be bailed out of Trump decides to create a 'strategic reserves' of it. But the bottom class will bear the burden of austerity which will come in many forms, not just the budget cuts. The shock therapy if imposed on American people (broad tariffs, mass budget cuts, mass deportations etc) will create inflation. And this inflation may act as further instrument to demand more cuts in fiscal policy.
Corruption will also be rampant. Trump will swindle as much money as he can for interest of his family & friends. Recall that Trump charged secret services many times over for accommodation in his hotel. These kind of petty scams will also be common.
It would be interesting to get your synopsis of the meeting and if there was a discussion about how difficult making progress in these areas will be during the Trump administration. Jump guarantees and community investments don't seem to be topics that will get much prioritization over the next four years, even though both are increasingly critical given the impacts of climate change and the impending impact of AI. Maybe Trump will say something about the need for community investments when he visits LA next week...
Welcome home and thanks for the update.
Thanks for the update, Stephanie. I'm looking forward to your upcoming book!
I bought your book, and subscribed to your service months ago (charged to my credit card), but was never able to get on your app or connected to your website
You actually believe Sinema and Manchin were Democrats? They were Repugs disguised as Democrats. Joe has his own yacht for example and Sinema is extremely wealthy.
Trump regime will be MMT for the oligarchs and hardcore Neoliberalism for the middle & lower class. The friends and financiers of Donald Trump will get unlimited favors - tax cuts, subsidies, government contracts & bailouts (if necessary). The size of deficit isn't a problem when it comes to helping the oligarchs (recall that deficits don't matter when funding Pentagon & war spending as Cheney admitted). This can be done under the veneer of trickle down slogans to boost economic growth.
But for middle and lower class, they must contribute in reducing national debt and deficits. I am sure Trump regime will create a boogeyman version of 'BLACKHOLE' which Rachael Reeves has invented in UK. DOGE will prescribe mindless & needless budget cuts and more calls for cutting legacy programs like medicare, medicaid, ACA subsidies & other social benefits.
So printing press will run in service of oligarchs and Wall Street interests, especially those close to Donald Trump. Even the filthy Cryptocurrency of Tech Bros may be bailed out of Trump decides to create a 'strategic reserves' of it. But the bottom class will bear the burden of austerity which will come in many forms, not just the budget cuts. The shock therapy if imposed on American people (broad tariffs, mass budget cuts, mass deportations etc) will create inflation. And this inflation may act as further instrument to demand more cuts in fiscal policy.
Corruption will also be rampant. Trump will swindle as much money as he can for interest of his family & friends. Recall that Trump charged secret services many times over for accommodation in his hotel. These kind of petty scams will also be common.
It would be interesting to get your synopsis of the meeting and if there was a discussion about how difficult making progress in these areas will be during the Trump administration. Jump guarantees and community investments don't seem to be topics that will get much prioritization over the next four years, even though both are increasingly critical given the impacts of climate change and the impending impact of AI. Maybe Trump will say something about the need for community investments when he visits LA next week...
anybody care to tell me what if anything makes sense about MMT?