Trump Policy

[Luce]

Originally Posted by henry quirk

"it's planned economy vs decentralized."

No. Here is the U.S. we don't have either.

We have a managed economy which is not the same as planned. And while not decentralized, the U.S. economy is by no means centralized (instead, it has centers of control, a whole whack of 'em).

Oh, I know. But the direction Trump is heading is a planned economy.

[xoxoxoBruce]

Much of the economy is controlled by what the FED does, which is privately owned by approximately 750 people, many of them not Americans.

[henry quirk]

Originally Posted by xoxoxoBruce

Much of the economy is controlled by what the FED does, which is privately owned by approximately 750 people, many of them not Americans.

Mebbe so. Speakin' only for me, as a small business, I don't feel particularly controlled; don't see that my lil chunk of the economy is laborin' under sombody's else boot. If we had a legit state-socialism, I suspect I would.

[henry quirk]

Originally Posted by Luce

Oh, I know. But the direction Trump is heading is a planned economy.

Nah, I ain't seein' that. Seems to me he's just correctin' or over-ridin' some of the planning of the previous administration.