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RG Richardson Communications News

I am a business economist with interests in international trade worldwide through politics, money, banking and VOIP Communications. The author of RG Richardson City Guides has over 300 guides, including restaurants and finance.

Trump is the beneficiary of rampant deficit spending

 Trump is the beneficiary of rampant deficit spending and capital flows that he had nothing to do with for eight straight decades. The connection here is that the United States is now running on fumes because in the decades since Ronald Reagan took office, we have deliberately sent our production capabilities overseas. Why? Because we wanted cheap labor and Americans were asking for too much. We deliberately built an economy that works for the upper echelon of society by ensuring that accumulated wealth remained in the private sector among wealthy white male individuals and corporations. The Powell Memorandum come to life. And when service workers became too expensive domestically we farmed that out as well.

 So now we have an economy built to service the capital needs of the corporate class and an aging population. Which is why healthcare remains one of the only growth areas of the economy. As such, the expense side of this industry is in the crosshairs of the Trump administration as well.

 You see, capital is only allowed to accumulate in the pockets of the elite members of society.

Watch: youtu.be/XHUN6f37yEg

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