Peter St Onge, Ph.D. (@profstonge) on X (original) (raw)

Daily Videos on Economics and Freedom. Ex-professor, ex-bartender. Austrian economics. Weekly articles at profstonge.com

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  On Profstonge Weekly: “Will the Fed Crush the Fed Boom?”profstonge.com/publish/post/2…“All year asteroids have been bouncing off this economy: The Iran War, $100 oil, tariffs, and an AI job apocalypse.” “Will the Fed finally break the Trump Boom?”
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  You'd go to jail for decades, they just pay a fine. At some point it's licensed crime 🤔
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  The federal government could “shut down” tomorrow at midnight. If it happens it hands Trump a blank check to terminate every single federal program he doesn't like. And it instantly puts the Federal budget into surplus.
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  Joe Biden's final jobs report is out and it's a doozy. - 589,000 jobs revised into oblivion - 70% of jobs created in the government sector - 99.2% of jobs going to foreign-born workers This is the mess they’re handing Donald Trump.
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  Trump is doubling down on repealing the entire income tax. This would hand roughly $2,500 per month to the typical American family. It would raise growth and lower inflation. And it would hollow out China as companies flood to produce in the US. The only barrier is
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  I lived for 10 years in Taiwan and Japan. Both would have deported me if I didn’t have a job. And they’d laugh me out trying to go on welfare. Zero benefits for immigrants —legal or no. It’s a privilege to come here, if you can’t hack it go home.
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  James Carville calls for armed uprising if Kamala loses. I'm starting to think Democrats are not, in fact, the party of Rule of Law 🤔
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  "88% of Brussels’ population under the age of 20 is of foreign origin" 🤯
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  Sanity in Sweden as government abandons “renewables” for nuclear. “The Swedish people wish to ground their economy in an energy source that is physically sound and secure, unlike renewables which are neither.”
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  Congratulations America, the federal government is shut down. That was easy. The key is how long: 61 days is the magic number where Trump can permanently fire 740,000 federal workers. Saving hundreds of billions of dollars.
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  Putin is literally shaking.
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  Boomers pulled the ladder up after them.