Trump is a businessman. His opponents have communist leanings. Who are you going to trust?
As GWHB stated ""If the American people ever find out what we have done, they would chase us down the street and lynch us." Well, we have found out. About $36 T in federal debt and a lot more in private debt too late.
So much of it has been cut off with public exposure that the class of people who practice and benefit from it is too small to be sustainable any more. Much of the welfare class is parasitic with that class.
“first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and vigor has met with that understanding and support of the people themselves which is essential to victory.”
FDR
trade deficits <-> budget deficits <-> too much vote buying
bigger payrolls -> smaller welfare rolls-> long-term US stability
Rough international and domestic financial balance is a must for the USA (and most other countries). The ‘can’ can’t politically or economically be kicked much further down the road.
Trump will have this tariff shakeup handled n a few months with the possible exception of China. We are already seeing a parade of foreign governments waiting to renegotiate trade deals with the US. Trump is the master of the deal is a way the world has never seen before.