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Will Trump Change the Game Or The Players? – Ep. 222

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • Jan 21, 2017 • 30m


* Short and not-so-sweet.  Maybe that's how you would describe President Trump's inaugural speech

* Which, I think was the briefest since Jimmy Carter

* But now, Donald J. Trump is the 45th President of these United States

* I did in general like his speech; I agree with much of what Donald Trump had to say

* Talking about how bad things are in the U.S. economy

* Yes, there were some people who benefited

* People in Washington certainly benefited, certainly Washington has been booming, right?

* Because they've been sucking all the wealth out of the rest of the country

* So the bureaucrats and certain segments of the population have benefited

* From central planning and central banking and the cheap money and the bubbles

* But Donald Trump hit the nail on the head

* When he talked about all the factories like tombstones littering the landscape

* How our wealth has been sucked out

* The Middle Class has been hollowed out and the country is hurting

* All this is true, and I like the fact that he says we're going to take back the government for the people

* Take it away from the elites, take it away from the bureaucrats and bring the power back to the people

* All that is great.

* The question is, What exactly does Donald Trump mean by that?

* Does he mean, get the government off the people's backs?

* Does he mean unshackle us from government

* Get rid of all the regulations, get rid of all the taxes and government spending

* Get rid of all the bubble blowing

* Let's have sound money and higher interest rates

* Let's have a real economy so that individual Americans can pull themselves up out of the ditch on their own?

* That we can roll up our sleeves and work our way out of this gigantic hole that the government placed us in

* And if it's going to be free enterprise, limited government and freedom?

* Of that's what he means by "Taking back the government for the people"

* Then, that's great

* But what if he doesn't mean that?

* What if he means a Trumpian "New Deal"?

* What if he's talking about government proactively doing things to "help" the middle class

* Like big spending on infrastructure, where the government employs the people directly

* And creates jobs, like they did during the Great Depression?


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The Peter Schiff Show Podcast • Will Trump Change the Game Or The Players? – Ep. 222 • Listen on Fountain