What a mess the economy has become and is. I was right to be worried about what the fake election result in 2020 would lead to. Now with an end to the Biden Administration, it’s the perfect time to hope for better. Are there any easy fixes?

According to Trump’s transition team, we can improve American health by revealing and reducing ties between scientific research and big pharma and RFKJr. will see to that. Elon Musk and Vivek Ramaswamy want to make government more efficient by cutting where they can cut out unneccessary government jobs and roles. President Trump himself cut more than 1000 regulations during his first term and according to him, businesses across America thanked him for that, so I’m guessing he will do more of that. President Trump will be deporting a lot of criminal immigrants with criminal records from their home countries and perhaps many other migrants. Our economy’s wages will not be reduced for the long-term as much with fewer illegal immigrants. Dr. Oz says that our current healthcare system is unsustainable and I wonder if Dr. Oz (despite his ties to Oprah Winfrey who supported the would-be Harris administration) would be willing to pitch in to help RFKJr. do even more to make healthcare less about sick care and more about health. Tulsi Gabbard got my support years ago as soon as she suggested Congress could cut the number of pages allowed in legislation to ten maximum. She’s going to be in charge of reordering the Intelligence community which has been doing so many stupid things. Trump’s whole cabinet is forming early with plans to reduce corruption in the military, in healthcare, in our bureaucracy.

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Not to worry (unneccessarily?), but I’m not seeing the level of social unrest that was promised by the media post-election 2024. There were a lot of predictions that no-matter-who-won, blood would flow. Instead there seems to be a new optimism. Of course, with the way people get information now, it could be that something out of sight still threatens us all. I hope that whatever may still lurk and mutter deprecations in the darkness will retreat to the farthest dark corners and lurk there without causing anymore trouble. There’s trouble enough with the economy and too much debt-debt-debt. How can we possibly clear it all away after so many expensive profligacies?

Don’t worry right now. We still have a short wait. In the meantime, there’s still leaves to rake, gutters to clean, snow soon to shovel, turkeys to bake, trees to trim, packages to wrap, gifts to mail or make or buy. Whatever happens, there’s still ordinary life to call us forward to make efforts on behalf of those we love and care about. The new administration starts in January if there is no more drama during the innauguration.

The American nation started with tariffs that were meant to protect infant industry from established European industries. Now, President Trump wants to initiate a new tariff policy. This is against one of the main principles of globalization. If he does tax imports, and inflation continues, everything will get a lot more expensive, I think for a period of time as Americans set up manufacturing here. Right now, almost everything that you buy comes from far away. Changing that will alter almost every offering on the market, from food to clothing to furniture, to craft supplies, to print art to almost everything. Making production more local again or at least more U.S. based will be an expensive transition. Stopping economic interventionism, where the government picks economic winners and losers, is harder but Trump’s cabinet appointments are getting started on that by attacking corruption in Washington D.C. which has been costly to Americans. With reduced corruption, less economic interventionism which has favored fascism, and more local economic industry and manufacturing at home, America might have a chance to prosper. Eventually, Americans will have more jobs, and the economy will start humming again.

I’m still worried about the monetary system. There’s talk about changing to digital currencies, which would not have better discipline than fiat currencies (which have been suffering under overprinting and deficit spending). Deficit spending is an important contributer to our inflation. Other financial innovators want to fractionalize ownership. They see this as a way to multiply asset trading markets sort of like tranches of mortgages allowed partial mortgage trading that migrated into housing markets and derivative bets and caused the CDO mortgage backed security crash in 2008. Banks have been secret movers and shakers that seldom are examined for the harms they are causing. Bankers were the first American exception to prosecution for their law-breaking during the 2008 Great Recession. That’s when we lost rule of law in America. Will President Trump do anything about too-big-to-fail banks? Will he be able to reduce banking shenanigans that undermine private ownership? Will Americans ever have fairer banking that pays interest for savings accounts? Will there ever be a ceiling on credit card interest charges? Will American life ever make sense again with a long term plan for prosperity?