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Before they Were Made, The Trump Tax Cuts Were Predicted to Cause Our Current Inflation [1]
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Date: 2022-07-28
aninjusticemag.com/… It’s really simple, so why do Democrats almost always screw up the messaging. We know that much of the media does it on purpose, but reality has a liberal bias Democrats seem determined not to exploit.
Before they were made, the Trump Tax Cuts were predicted to eventually lead to out of control inflation. The media are mostly blaming Biden. But why can’t Democratic campaigns get the message right? Must we all go along with this ridiculous collective amnesia.
Dan Michelsen’s Economic Primer 101
1. What is the purpose of an Economy? To meet Human needs!
2. There is no such thing as a “Free Market” because total freedom is anarchy, therefore
3. All Markets must have rules to function efficiently. Which Begs #4
4. Who writes the rules? (Why did THEY get to write the rules?)
5. Who do the rules favor and why?
This is all so obvious I can’t even begin to comprehend why all economics texts don’t start this way.
So, let’s answer the questions for our current economy.
The rules are written largely by the elected representatives that the wealthy have purchased with a small pittance from their ill-gotten gains. They are written to favor those who already own great wealth, so that the pittance will continue to flow to the politicians.
WE do mental gymnastics in order to try to justify bending human behavior to fit the economy, rather than forging an economy which meets human needs.
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https://www.dailykos.com/stories/2022/7/28/2113089/-Before-they-Were-Made-The-Trump-Tax-Cuts-Were-Predicted-to-Cause-Our-Current-Inflation
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