https://www.oftwominds.com/blogdec24/past-solutions12-24.html
What If Solutions That Worked in the Past No Longer Fix What’s Broken?December 26, 2024
“Of Two Minds” blog
Charles Hugh Smith
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You see the irony here: the more successful the old solutions were, the greater our compulsion to cling to them even as they fail.
Humans use inductive reasoning to solve problems. If a solution fixed a problem in the past, we assume it will solve the problem again. This is a rational expectation based on prior experience.
But if conditions change, the solution won’t fix the problem. It might even make things worse.
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Make America Great Again is an explicit call to return to the solutions that worked in the past, specifically The Reagan Revolution of the 1980s, which was characterized by these policies:
1. The federal government is the problem, not the solution. The solution is to reduce the influence and financial footprint of the federal government.
2. Deregulation of private industries, starting with finance. Loosen regulations to enable financial / market solutions, even if they’re disruptive.
3. Focus on growth. Grow the economy by loosening up credit, drill baby drill, reducing regulatory burdens and taxes, etc.
4. Pursue a muscular global policy of America First. No more wishy-washy playing nice: choose sides, but choose carefully because there will be consequences.
5. It’s morning in America. We can get back on track by unleashing America’s native optimism and vigor.
These solutions from the past are compelling because they delivered decades of growth. Of course reality is complicated, and it wasn’t just these policies by themselves that spawned decades of expansion. Demographics, the “peace dividend” and many other factors helped.
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“Insanity: doing the same thing over and over again and expecting different results.” — attributed to Einstein, Ben Franklin, and Rita Mae Brown
The Federal Gooferment is “the problem” and it’s made possible by the FED conspiracy and the “valueless unbacked” paper dollar.
I’m tired of always coming back to the same nagging over and over. But the fundamental flaw in this problem is an unrestrained Federal Gooferment.
Until that is put back under control and sharply limited, we have no hope of ever getting out from under the 37T$ debt.
Just silently defaulting by inflation which is what is being done to the detriment of “We, The Sheeple”.
Argh!
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Reinke Faces Life 