Revised post: Buffett sounds the alarm; Bessent gets it mostly right; Kessler is right on the money.
Budget deficits, money printing, tariffs, and government spending.
Making Americans Financially Independent is the goal.
Substack has technical issues that’s why my video message was not uploaded. As soon as the issue has been resolved I will post a video. In the meantime, please see Buffett’s remarks about the budget deficit, Bessent’s attempt to justify tariffs, and Kessler’s column about the economy.
Bessent writes,”For America to build, government needs to get out of the way.” Sounds like a call for a laissez affaire economy. Trump and his advisors cannot micromanage the economy, and neither can Democrats. Free enterprise is the answer.
Kessler omits two ideas that would promote prosperity, abolishing the welfare-warfare state. Both drain resources from the private and nonprofit sectors. More in the next update.
Recap of Buffett’s remarks to shareholders on May 3.
Treasury Secretary Bessent’s WSJ op-ed on Trump’s economic policies.
Andy Kessler’s analysis is right on the money.
**************************************************************************************
Recent interviews discussing the state of the economy with Perry Atkinson, Jim Peters, and Randy Durham.
********************************************************************************************
Dave Campbell and I discuss MAFI on the Clarity and Chaos podcast.
Col. Mike and Dr. Mike and I discuss Trump and his promises on the National Security Hour.
*********************************************************************************************************
Restoring free enterprise, medical freedom, and a constitutional federal budget.
The insufferable Jim Cramer reveals his economic ignorance in a recent CNBC rant.
*********************************************************************************************
You can reduce your taxes, keep more of your income, and increase your financial independence if you are self-employed and/or have a home based business. The Home Office Tax Kit is invaluable to reduce your taxes as we approach April 15th. This is our first affiliate marketing relationship. Future links will provide you with affordable material and courses in investing, financial literacy, and business strategies for established enterprises and start-ups. Developed by author, speaker and semiar leader Paul Mladjenovic, his more than 40 years experience will help you navigate the economy in these uncertain times. Check out his books.
Click on this link to obtain your copy of the Home Office Tax Cut that pays for itself many time over.
*******************************************************************************************************
Joseph Cotto and I discuss the economy on his podcast.
Tom DiLorenzo’s pamphlet, Axis of Evil, is now available at the Mises Institute.
Order a free copy of Rothbard’s money and banking classic monograph. Or, you can read it online here.
My December 10 talk on medical care.
Bob Murphy interviews Dr. Keith Smith of the Surgery Center of OK.
****************************************************************
Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle. Sabrin's autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022. He is also the author of Why the Federal Reserve Sucks.