Ok Joe, first of all, well done with the Hawaii catastrophe, that is good, that you are on that ball, really important.
And then, as I see what we are doing now, is to strengthen the policies you have already, we are not out there to invent something new. BUT, and that is really, really important, need to defend what we are doing.
People are a bit critical to the whole economic discussion the “Bidennomics” that is essentially Trier nomics, in the sense, that I develop a lot of the basic concepts of the economical system. Ok it is not about the fame, I don’t care about that, but it is a very important thing to defend, now when people are criticising it.
First of all, I get it, the inflation is real. It is happening, due to overspending on the federal and state level. Inflation is essentially an extra tax.
Add to this, the fact, that the dollar has been a reserve currency for most of the world, and the rest of the world is moving away from that, the dollar is in trouble.
That is the challenge we face, it has been the challenge all along, since the days of you me and Barack.
What do you do, to counter this threat?
You make sure, that the money you make is inherently unrelated to the world. You make your OWN money.
How do you do that, by making things, in America.
See the strategy?
Yes, the days of the dollar being reserve currency for the world is getting to an end, it had to happen sooner or later. The wise thing to do, is to prepare for that day, and that is exactly what we have been doing.
So yes, it is right, that the dollar is in trouble, and inflation is the result of this trouble. But instead of harping the downfall of the might of the great dollar, we need to get to work, and find that new frontier, og making things work.
Working for at better day, finding a way out of the mess.
It is a mess, and we didn’t invent it, but we are here to solve those problems, and that is the crux of matter.
Bidenomics or Obamanonics, is a preventive struggle against an economy that is tanking. That is the truth.
So there may be a lot of naysayers and criticism.
But we have been fighting this problem for ten years.
Trump as well.
G-d bless the will to do good things, when the country is in trouble.