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President Trump’s Big Beautiful Bill has faced vehement opposition from Senators Rand Paul and Ron Johnson, from members of the House Freedom Caucus, from Elon Musk, and from others. They suffer from a British ideological disease called Libertarianism.
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President Trump’s Big Beautiful Bill has faced vehement opposition from Senators Rand Paul and Ron Johnson, from members of the House Freedom Caucus, from Elon Musk, and from others. They suffer from a British ideological disease called Libertarianism.
President Trump’s Big Beautiful Bill has faced vehement opposition from Senators Rand Paul and Ron Johnson, from members of the House Freedom Caucus, from Elon Musk, and from others. They suffer from this British ideological disease of Libertarianism. We discussed the 1947 birth of this ideology at Mont Pelerin, Switzerland here.
The European oligarchs who gathered there in Switzerland, produced twin ideologies to sell their outlook and "way of life": the Open Society of Sir Karl Popper and George Soros; and the Chicago School of Economics of Friedrich Von Hayek and Milton Friedman. While Margaret Thatcher’s economic shock therapies devastated what was left of the British industrial economy, the main objective of these oligarchical operations was to justify Wall Street’s wholesale destruction and looting of the U.S. industrial base.
Libertarian icon, Friedrich Von Hayek, identified his nemesis as the mercantilism of Friedrich List, a key figure in the American System of economics now being reimplemented by President Trump. The conflict arises out of fundamental differences about the nature of Man.
The Libertarian (or British Liberal) outlook views the individual human being as merely a talking animal driven by an irrational hedonism that aims at domination of the weak, and that is only checked by raw physical power and sets of contradictory inculcated beliefs. An example is the insistence that only objects observable by the senses are real, even as the same outlook extols the “invisible hand” controlling the “magic of the market.”
By contrast, American society has been built on the Christian ethos that we are made in God’s image with a purpose and a mission to create that which does not yet exist. We do that to build a better future for our children and future generations in general.
Whenever it has had its way, the oligarchical system has worked to prevent the creation of anything new. As a matter of principle, their system aims to wipe out all physical economic progress and to impose nominalist or materialist dogmas. Oligarchs always claim to see only what they can touch and feel in the moment. They base all of their synthetic ideologies upon the assumption that they can maintain a relatively steady state system, even though they know that any such system will eventually run down—like a cuckoo clock.
Gottfried Wilhelm Leibniz famously forced Newton's representative, Samuel Clarke, to concede that preservation of Newton's idea of a steady state Universe, might require God to step in and wind it back up from time to time.
So, it should come as no surprise that all of the apologists and propagandists of the Imperial System—from Adam Smith down to the present—have completely failed either to understand, or to model, the processes of a growing economy. At best, they may partially succeed in defining some principles of shopkeeping, looting, starving, plundering, and chiseling.
So, when President Trump came forward with an array of initiatives which fit within the rubric of restoration of American System policies in America, the Empire snapped back, "But you must play by our rules! You cannot change anything because you must pay off the National Debt above all else."
Of course, the National Debt could be a significant problem. But debt, like money, is a human invention which can be used for good or evil.
Michael James Carr
Discussed in this article was how Hamilton turned the National Debt into an asset for building the nation.
The Roman Emperor Diocletian was famous for attempting to establish hereditary occupations, to attempt to stop change—in particular to stop progress. Such ideas have carried through to the modern British Empire and allied European oligarchy. Going back to the Pilgrims, the American experiment was based upon opposite ideas. America has been built upon the determination to continually supersede ideas with ever better ideas in order to build a better future.
If you attempt to measure that potentially better future in money, you will make grave mistakes. You will be confounded by the incompetence of economists who intentionally or stupidly lump the constructive and the destructive into the same ridiculous buckets, like Gross National Product. Under such measures, cancers are considered to be "growth." Inflation and "bubbles" are considered to be good. And actually important physical capital investments are considered to be "too expensive" to pursue.
Not until Lyndon LaRouche came along, did we develop a great conceptual way to distinguish between good and bad policies: Potential Relative Population Density. Are our policies increasing the number of people who could be sustained on a given acreage of land? Or, will our policies collapse the number of people who could live there? Though this measure is not reducible to numbers, it is possible to get an idea of whether the potential is increasing or decreasing (and even whether the rate of increase or decrease is accelerating or decelerating). A closely related measure is Kilowatt-Hours per capita.
Another closely related indicator is the increase or decrease of life expectancy at birth.
Nonetheless, every indicator of the existing situation—whether energy production, life expectancy, other types of production, or even outstanding debt—are inadequate for preparing a forecast of the future. Mere extrapolation is entropic, or Newtonian, and will result in societal collapse eventually. A competent forecast requires an understanding of ongoing processes, but also a vision of what could be.
The Congressional Budget Office insists that it can only extrapolate the effects of the Big Beautiful Bill from the standpoint of assuming that everything else will remain as it had been for the previous four years. It cannot take into consideration the effects of the new tariffs, or the 10s of trillions of dollars now committed to investment into new productive endeavors within the country. It cannot take into consideration the effects of reversing the decades of deliberate legal and regulatory destruction or throttling of productive activities. Most importantly, it cannot comprehend the effects of unleashing the creative powers of the American people, once the rules are switched back to their favor!
The American people, with President Trump in the lead, no longer play by British rules. Under the new rules, productivity, production, the standard of living, federal revenues, and every measure of health will rapidly grow to the point that the National Debt will be easily paid down. And if you attempt to preserve the failed British edicts and sabotage President Trump’s new rules, you shouldn’t pretend that you understand what he is doing or what the American people voted to implement on November 5th.
From harnessing the power of a thriving machine tool sector, to securing vast new energy and freshwater supplies—learn about the policies that will generate the greatest increases in productivity and wealth generation for the Unites States.
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