This is bang on. The roundabout theory is that, currently only Wall Street happy. But initial feeling after news atm is - Wall Street wig out, Wall Street sell. Main Street starts to improve, Wall Street buy, both camps happy.
David Friedberg Predicts Trump's Master Plan
On E218, the besties debated Trump's economic strategy, and what his endgame could be.
@friedberg's most optimistic theory: the three-legged stool
leg 1) tariffs
-- encourages on-shoring of manufacturing
-- increases supply chain security
-- increases demand for domestic workforce
leg 2) reduced income taxes
-- unleashes capital into the private sector
-- potential pivot from income-based to consumption-based taxation
leg 3) reduced government spend
-- slashing govt workforce frees up labor for private sector
-- offsets inflation from tariffs
RFK Jr. breaks down the MAHA plan to reform USDA in 2 minutes: “We’re going to give farmers an off-ramp from the current system that destroys their health, wrecks the soil, makes Americans sick, and destroys family farms.”
1. “We’re going to REWRITE the regulations to give smaller operators a break.”
2. “We’re going to encourage sustainable regenerative farming that can build soil and replenish aquifers.”
3. “We’re going to BAN the worst agricultural chemicals that are already prohibited in other countries, and we’re going to remove conflicts of interest from the USDA dietary panels and commissions.”
Elon’s purchase of Twitter was the single most consequential act of the last decade.
It restored free speech, broke the Overton window, and enabled the second American revolution.