People, Personas, and Politics 38 – Trump & Optimism
Author(s): Scott Douglas Jacobsen and Rick Rosner
Publication (Outlet/Website): People, Personas, and Politics
Publication Date (yyyy/mm/dd): 2017/04/26
[Beginning of recorded material]
Rick Rosner: So Right-wing noise about get out of the way and we’re going to have business thrive without regulation ignores statistical reality and also ignores the fact that most people in this country are not small business people, are not entrepreneurs. There are plenty of small businesspeople and people regardless of what their day jobs are do engage in entrepreneurship, but it is not the majority of people.
A corollary to the Right-wing philosophy is let government out of the way and let business run things, then the wealth in the land will be so great that any charity or church-based work will cover anyone that is deserving. So it is pretty much BS. One way that America can thrive economically under Trump and the Republicans is if enough big and small business, and enough people who control the reigns of the economy–
The stock market is largely psychological. There are all sorts of economic data that influences the market, but there is a bunch of the market running on sentiment, how people are feeling. If enough people are dumb enough to think Trump and company are good for the country, then the economy can run for a while because most people are optimistic.
[End of recorded material]
License
In-Sight Publishing by Scott Douglas Jacobsen is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. Based on a work at www.in-sightjournal.com.
Copyright
© Scott Douglas Jacobsen and In-Sight Publishing 2012-2022. Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Scott Douglas Jacobsen and In-Sight Publishing with appropriate and specific direction to the original content. All interviewees and authors co-copyright their material and may disseminate for their independent purposes.
In-Sight Publishing 