Trump Bumping and end of Obama era relief: U.S. Companies Post Profit Growth Not Seen in Six Years

Trump bump? To a large degree yes.

Obviously Trump has his issues – to say the least – but the uptick in the ersatz economy (the one that most of us live in until reality inevitably hits and overwhelms the fakery) is about American optimism inspired to some degree by Trump, but as much as anything by relief that Obama is adios. The people who make things, who grow the economy had little confidence in Obama. The media had confidence,

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“Participatory Fascism” is the future?

By Robert Higgs

“Socialism with Chinese characteristics” = Chinese fascism
“American capitalism” = American fascism
“Post-Communism in Russia” = Russian fascism
“Scandinavian Third Way” = Scandinavian fascism
“Italian fascism” = Italian fascism
“German fascism” = German fascism
“European corporatism” = European fascism

Are you starting to see a pattern?

Many people continue to perceive the presence or impending advent of socialism here, there, and everywhere. But full-fledged socialism is almost extinct.

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Politico ‘Fat Shames’ the President (But we learn he has a ‘single digit handicap’?!)

Trump could stand to lose a few pounds. But so can the vast majority of America.

But one thing I learned in this article is that the president has a single digit handicap! That is something Obama could only dream of achieving. Though the author makes the point that Trump likes the cart too much, that, and I say this as one who enjoys the game of golf, is impressive.

(From Politico)

But according to those who have golfed with the president,

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As we said was likely, the Bushite NEOCONS and the Democrats are joining forces.

We predicted this would happen. As the conservative/libertarian coalition has expanded the neocons have looked for new friends in the Democratic Paty. (Really they are just reuniting.)

The Neoconservatives – actual conservatives MUST understand – are not conservatives at all. They are a small but powerful group of big government (both domestic and abroad) “Republicans” (they originally were Democrats) lodged in Washington who believe that for there to be “progress”

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Republicans expand government yet again: U.S. House Backs $696 Billion Bill Boosting Fighter Jets, Troops, (Spends even more than Trump wanted)

Who cares that we have no enemy that can project power beyond their own backyards (or ponds)? Let’s spend spend spend. This is small government Republicans for you.

Constitutionally speaking we are supposed to have a DEFENSE not a global domination machine. But military spending is good for the members of Congress because it’s a way for Republicans to dole out taxpayer money without getting hammered. For some reason Republican leaning voters do not get that the military is big government too.

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Audit the Pentagon before we increase defense spending by tens of billions

What a novel idea! Maybe we should figure out where we are wasting billions and billions of dollars before we start spending billions and billions more. I know it’s a crazy notion, but maybe we should give it a shot. I mean it’s only our money right?

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A New Republican Agenda Is Taking Shape—and It Means Tax Increases

The move should ALWAYS be to reduce taxes. On the poor. On the rich. On the middle class. This is a big part of the libertarian/conservative coalition. Reduce the burden of the state. Free up as much of the economy as possible.

It’s the people’s money anyway.

But many Americans don’t see things like this. They talk about people paying their “fair” share. (Who determines what is fair?) About income disparity. Fundamentally there are some who think it’s perfectly legitimate for the government to take a person’s wealth –

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How the Minimum Wage Puts People Out of Work: Do such wages chase minorities out of cities? (PICs)

There is actually a pretty good statist rebuttal to this. The rebuttal is fundamentally incorrect but from an argument perspective one could get some mileage from it. But I’ll let you guys figure out what this rebuttal might be.

But in the end a minimum wage that is set arbitrarily above the actual – real – market based minimum wage will put people out of work. It will increase gentrification of working class neighborhoods. It will chase less fortunate people out of the cities that are foolish enough to proceed with non-reality based minimum wages.

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