How Trump will Fix the Economy | Dr. Michael Busler

Today, The Two Mikes spoke with Professor
Michael Busler.

Dr. Busler teaches at Stockton University in New
Jersey. While Trump is not yet inaugurated, Dr. Busler said
that, from an economic perspective, he is “extraordinarily
optimistic for the economy going forward.

Dr.Busler said that Trump has correctly targeted energy as a
starting point for driving down prices and easing the budget
problems of both businesses and consumers. On the business side,
energy prices are directly responsible for 8-percent of the GDP,
and indirectly contribute 30-percent. Trump, Dr. Busler said,
demonstrated he can get the U.S. government out of the way of
private enterprise and that his first-term policies provided
“opportunities for all”, and ended his term with a national
inflation rate of 1.4-percent.

Professor Busler noted that the new Trump administration does face
an economic challenge in the refusal of the Federal Reserve chief,
Jerome Powell, a person, who over his tenure at the FED, made four
serious and economy disrupting errors that insured the decline of
the economy and also acted against its recovery. There is no easy
answer as Powell and the FED are independent of the three branches
of the federal government. The answer to the problem, of course, is
to get rid of the Fed altogether – which has periodically savaged
the U.S. economy since its creation by a congressional law. The
Congress can pass a new law that eliminates the law of 1913 which
created the FED. Afterward the administration of the U.S.
economy would be handed the U.S. Treasury, where it always should
have been. Dr. Busler, however, said that it would not be easy to
get the Congress to pass a repeal of the 1913 law, as the FED has
built its own sector of powerful supporters and lobbyists.

Finally, Dr. Basler reminded Americans that the Biden
Administration’s electrical-vehicle mandates and subsidies have
nearly killed the U.S. industry. It is only the U.S. federal
government that would provide enormous subsidies and illegal
mandates to try to force the Americans to purchase cars that
Americans do not want and cannot afford.

Regarding the new Trump Administration. He said he expects to see a
revival of the four concepts that made the American economy the
envy of the world: (a) individual freedom; (b) individual
responsibility; (c) low rates of taxation; and (d) limited
government that stays out of the way of private investment and
other economic activities.  
 
You can read more from Dr. Busler:
https://www.newsmax.com/finance/insiders/michaelbusler/id-629/


Follow Two Mikes on Pickax: https://pickax.com/twomikes
Follow Freedom First Network on Pickax at
https://pickax.com/freedomfirstnet

Elevate your meals with Freedom First Beef… even if you find
yourself in the middle of the apocalypse! Use code TWOMIKES for 15%
off and enjoy high-quality beef whenever you crave it – today or
tomorrow! https://freedomfirstbeef.com

Be ready for anything life throws your way with The Wellness
Company's Medical Emergency Kit. Order today using code TWOMIKES
for a 10% discount at https://twc.health/ffn.

Protect your financial future with precious metals! Use code
TWOMIKES to get your FREE Gold and Silver Guide from Genesis Gold
today and take control of your financial destiny!
https://pickaxgold.com

Unleash the spirit of liberty in every cup with Freedom First
Coffee's Founders Blend. Order now using code TWOMIKES and savor
the unparalleled taste of freedom in every patriotic sip.
https://freedomfirstcoffee.com