Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
US COVID-19 Death Toll Higher Than China’s Now. Will Gold Rally? - 4th Apr 20
Concerned That Asia Could Blow A Hole In Future Economic Recovery - 4th Apr 20
Bracing for Europe’s Coronavirus Contractionand Debt Crisis - 4th Apr 20
Stocks: When Grass Looks Greener on the Other Side of the ... Pond - 3rd Apr 20
How the C-Factor Could Decimate 2020 Global Gold and Silver Production - 3rd Apr 20
US Between Scylla and Charybdis Covid-19 - 3rd Apr 20
Covid19 What's Your Risk of Death Analysis by Age, Gender, Comorbidities and BMI - 3rd Apr 20
US Coronavirus Infections & Deaths Trend Trajectory - How Bad Will it Get? - 2nd Apr 20
Silver Looks Bearish Short to Medium Term - 2nd Apr 20
Mickey Fulp: 'Never Let a Good Crisis Go to Waste' - 2nd Apr 20
Stock Market Selloff Structure Explained – Fibonacci On Deck - 2nd Apr 20
COVID-19 FINANCIAL LOCKDOWN: Can PAYPAL Be Trusted to Handle US $1200 Stimulus Payments? - 2nd Apr 20
Day in the Life of Coronavirus LOCKDOWN - Sheffield, UK - 2nd Apr 20
UK Coronavirus Infections and Deaths Trend Trajectory - Deviation Against Forecast - 1st Apr 20
Huge Unemployment Is Coming. Will It Push Gold Prices Up? - 1st Apr 20
Gold Powerful 2008 Lessons That Apply Today - 1st Apr 20
US Coronavirus Infections and Deaths Projections Trend Forecast - Video - 1st Apr 20
From Global Virus Acceleration to Global Debt Explosion - 1st Apr 20
UK Supermarkets Coronavirus Panic Buying Before Lock Down - Tesco Empty Shelves - 1st Apr 20
Gold From a Failed Breakout to a Failed Breakdown - 1st Apr 20
P FOR PANDEMIC - 1st Apr 20
The Past Stock Market Week Was More Important Than You May Understand - 31st Mar 20
Coronavirus - No, You Do Not Hear the Fat Lady Warming Up - 31st Mar 20
Life, Religions, Business, Globalization & Information Technology In The Post-Corona Pandemics Age - 31st Mar 20
Three Charts Every Stock Market Trader and Investor Must See - 31st Mar 20
Coronavirus Stocks Bear Market Trend Forecast - Video - 31st Mar 20
Coronavirus Dow Stocks Bear Market Into End April 2020 Trend Forecast - 31st Mar 20
Is it better to have a loan or credit card debt when applying for a mortgage? - 31st Mar 20
US and UK Coronavirus Trend Trajectories vs Bear Market and AI Stocks Sector - 30th Mar 20
Are Gold and Silver Mirroring 1999 to 2011 Again? - 30th Mar 20
Stock Market Next Cycle Low 7th April - 30th Mar 20
United States Coronavirus Infections and Deaths Trend Forecasts Into End April 2020 - 29th Mar 20
Some Positives in a Virus Wracked World - 29th Mar 20
Expert Tips to Save on Your Business’s Office Supply Purchases - 29th Mar 20
An Investment in Life - 29th Mar 20
Sheffield Coronavirus Pandemic Infections and Deaths Forecast - 29th Mar 20
UK Coronavirus Infections and Deaths Projections Trend Forecast - Video - 28th Mar 20
The Great Coronavirus Depression - Things Are Going to Change. Here’s What We Should Do - 28th Mar 20
One of the Biggest Stock Market Short Covering Rallies in History May Be Imminent - 28th Mar 20
The Fed, the Coronavirus and Investing - 28th Mar 20
Women’s Fashion Trends in the UK this 2020 - 28th Mar 20
The Last Minsky Financial Snowflake Has Fallen – What Now? - 28th Mar 20
UK Coronavirus Infections and Deaths Projections Trend Forecast Into End April 2020 - 28th Mar 20
DJIA Coronavirus Stock Market Technical Trend Analysis - 27th Mar 20
US and UK Case Fatality Rate Forecast for End April 2020 - 27th Mar 20
US Stock Market Upswing Meets Employment Data - 27th Mar 20
Will the Fed Going Nuclear Help the Economy and Gold? - 27th Mar 20
What you need to know about the impact of inflation - 27th Mar 20
CoronaVirus Herd Immunity, Flattening the Curve and Case Fatality Rate Analysis - 27th Mar 20
NHS Hospitals Before Coronavirus Tsunami Hits (Sheffield), STAY INDOORS FINAL WARNING! - 27th Mar 20
CoronaVirus Curve, Stock Market Crash, and Mortgage Massacre - 27th Mar 20
Finding an Expert Car Accident Lawyer - 27th Mar 20
We Are Facing a Depression, Not a Recession - 26th Mar 20
US Housing Real Estate Market Concern - 26th Mar 20
Covid-19 Pandemic Affecting Bitcoin - 26th Mar 20
Italy Coronavirus Case Fataility Rate and Infections Trend Analysis - 26th Mar 20
Why Is Online Gambling Becoming More Popular? - 26th Mar 20
Dark Pools of Capital Profiting from Coronavirus Stock Markets CRASH! - 26th Mar 20
CoronaVirus Herd Immunity and Flattening the Curve - 25th Mar 20
Coronavirus Lesson #1 for Investors: Beware Predictions of Stock Market Bottoms - 25th Mar 20
CoronaVirus Stock Market Trend Implications - 25th Mar 20
Pandemonium in Precious Metals Market as Fear Gives Way to Command Economy - 25th Mar 20
Pandemics and Gold - 25th Mar 20
UK Coronavirus Hotspots - Cities with Highest Risks of Getting Infected - 25th Mar 20
WARNING US Coronavirus Infections and Deaths Going Ballistic! - 24th Mar 20
Coronavirus Crisis - Weeks Where Decades Happen - 24th Mar 20
Industry Trends: Online Casinos & Online Slots Game Market Analysis - 24th Mar 20
Five Amazingly High-Tech Products Just on the Market that You Should Check Out - 24th Mar 20
UK Coronavirus WARNING - Infections Trend Trajectory Worse than Italy - 24th Mar 20
Rick Rule: 'A Different Phrase for Stocks Bear Market Is Sale' - 24th Mar 20
Stock Market Minor Cycle Bounce - 24th Mar 20
Gold’s century - While stocks dominated headlines, gold quietly performed - 24th Mar 20
Big Tech Is Now On The Offensive Against The Coronavirus - 24th Mar 20
Socialism at Its Finest after Fed’s Bazooka Fails - 24th Mar 20
Dark Pools of Capital Profiting from Coronavirus Stock and Financial Markets CRASH! - 23rd Mar 20
Will Trump’s Free Cash Help the Economy and Gold Market? - 23rd Mar 20
Coronavirus Clarifies Priorities - 23rd Mar 20
Could the Coronavirus Cause the Next ‘Arab Spring’? - 23rd Mar 20
Concerned About The US Real Estate Market? Us Too! - 23rd Mar 20
Gold Stocks Peak Bleak? - 22nd Mar 20
UK Supermarkets Coronavirus Panic Buying, Empty Tesco Shelves, Stock Piling, Hoarding Preppers - 22nd Mar 20
US Coronavirus Infections and Deaths Going Ballistic as Government Start to Ramp Up Testing - 21st Mar 20
Your Investment Portfolio for the Next Decade—Fix It with the “Anti-Stock” - 21st Mar 20
CORONA HOAX: This Is Almost Completely Contrived and Here’s Proof - 21st Mar 20
Gold-Silver Ratio Tops 100; Silver Headed For Sub-$10 - 21st Mar 20
Coronavirus - Don’t Ask, Don’t Test - 21st Mar 20
Napag and Napag Trading Best Petroleum & Crude Oil Company - 21st Mar 20
UK Coronavirus Infections Trend Trajectory Worse than Italy - Government PANICs! Sterling Crashes! - 20th Mar 20
UK Critical Care Nurse Cries at Empty SuperMarket Shelves, Coronavirus Panic Buying Stockpiling - 20th Mar 20
Coronavirus Is Not an Emergency. It’s a War - 20th Mar 20
Why You Should Invest in the $5 Gold Coin - 20th Mar 20
Four Key Stock Market Questions To This Coronavirus Crisis Everyone is Asking - 20th Mar 20
Gold to Silver Ratio’s Breakout – Like a Hot Knife Through Butter - 20th Mar 20
The Coronavirus Contraction - Only Cooperation Can Defeat Impending Global Crisis - 20th Mar 20
Is This What Peak Market Fear Looks Like? - 20th Mar 20
Alessandro De Dorides - Business Consultant - 20th Mar 20
Why a Second Depression is Possible but Not Likely - 20th Mar 20

Market Oracle FREE Newsletter

Coronavirus-bear-market-2020-analysis

Trumpnomics – Reinventing Political Economy for America and Its Forgotten People and the World under Donald Trump

Politics / US Politics Nov 13, 2016 - 03:07 PM GMT

By: Dr_R_M_Mathew

Politics

The core of the economic policies of Donald Trump, on the basis of what he has said so far, is for rebuilding America and empowering its forgotten people. For the last twenty years American economy has been reduced into mere Corporate Economics centered on the Service Sector, ignoring the Primary Sector – Agriculture, Mining, Fishing, Diary and Rural America- and the Secondary or Industrial Sector that are the real backbone of America. As a result, America has acquired several characteristics of a Third World Country. Further,  America has created a large number of the victims ,especially the rural people and the blue color workers , known as ‘ the forgotten people of America’ consisting of not only the white, but also the colored, including the Latinos,  who made Donald Trump,  the President of America.


Obama Legacy of Backwardness

Barack Obama, a colored American with very low economic and social background, become the President of America promising ‘changes’ and bringing ‘New Social Order’ and above all creating a lot of expectations. Though a lawyer and orator, Obama couldn’t understand the working of the American Economy and its backbone. As a result, Obama has been reduced into a mere puppet in the hands of the courtiers of the Corporate Sector and the Defense Industry besides a caucus of Economists and Management Experts for whom an economy is  a mere a set of computer generated data and computer simulated models without any human element.  Barack Obama is a man of lost opportunities and unfulfilled promises that made everybody angry with him.

Backbone of the Economy

Donald Trump though a billionaire businessman, he has a clear understanding of the working the American Economy and its backbone, especially the rural people, the blue color workers and the large section of lower and middle class people. He addressed their problems and promised them dignity and decent income other than mere government subsidies and social welfare programs, as these are the basic corner stone of the American Dream. 

Economists and Management Gurus

Though America has the largest number of Nobel Laureates in Economics and Management Gurus, they don’t have any solution for the ills of the American Economy and the growing backwardness of the ordinary Americans other than offering a series of computer generated data analysis, forecasting, models and simulations. Their main concern is reducing every economic problem into a set of mere quantitative data and mathematical formulas and equations without any human element and without incorporating social and technological revolutions such as Globalization and Information Technology Revolutions.  Under such a situation, the Neo-classical Economics, including Macro and Micro-Economics besides the Keynesian and the Marxian Economics and the associated Econometrics become totally obsolete and toothless.

Donald Trump and the Return of the Political Economy

The victory of Donald Trump is made possible for the anger and revenge of the ‘unforgotten people’ of America in the wake of the rise of the Corporate Sector and Globalization, giving too much emphasis to the Service Sector at the expense of the Primary and Secondary Sector. This is the basis of ‘Trumpnomics’ or the Economic Policies of Donald Trump.  It is a return of Political Economy. Humanism and above all solving the basic economic problems of the Nation and its People are the basis of Political Economy rather than the pure Science and Mathematics of Economics.  Political Economy is a human enterprise giving due rewards for all its players rather than the ‘chosen few’ drawn from the corporate and service sectors. Inter-Sector and Inter-Region Balances are the basis of Trumpnomics.

Trumpnomics

The basic challenge of Trumpnomics is developing a sound and healthy Primary and Secondary Sectors and redefining the Service Sector as the catalyst of the Primary and Secondary  Sector. No service sector can exist without the backing of the Primary and Secondary Sector especially in the case of big economies like America, India, Russia and China. Nobody, starting from the small farmer or farm worker to blue color worker of big or small industries should be ignored. Everybody must be rewarded instead of a handful of corporate heads and less than twenty percent of the white color workers, especially from the banking, finance, insurance and IT fields besides some top professionals and celebrities in sports and entertainment.

Trumpnomics necessitates for investing heavily on infrastructure development, especially in the Primary and Secondary Sectors, innovation. Topmost priority must be given in achieving competitiveness in every social and economic activity, including augmenting the quality of education, healthcare and scientific research and empowering everybody with Knowledge so as to put that knowledge for solving problems and increasing one’s own standard of living with dignity and meaningful social life.

Global Peace and Development

Donald Trump and his team have adequate time and talent to develop Trumpnomics and formulating policies, strategies and operational plans so as to executive  within the specified time that too with close monitoring, as has been done by Donald Trump in building up his business empire even in the midst of failures and challenges. Trumpnomics, if applied effectively, is capable of reversing the Global Economic Crisis and attaining greater cooperation with other major economies like Russia, Iran and India. American relationship with China, the Middle East, Africa and Latin America will soon be redefined for ensuring Global Peace and Development and above all eliminating Radical Islam and Islamic Terrorism.

My recent writings on these topics appeared in the Market Oracle (UK) can be found with the help of the following link: http://www.marketoracle.co.uk/UserInfo-Dr_R_M_Mathew.htm

Also read my earlier work related to this topic: 2011 - Coming of the Violent Global Revolutions http://www.marketoracle.co.uk/Article32380.html

28 Feb 2011 - India on The Verge of A Revolution For Corruptions (22862 Reads) http://www.marketoracle.co.uk/Article26594.html

23 Feb 2011 - The Arab Revolutions and the Emergence of a New Global Social Order http://www.marketoracle.co.uk/Article26483.html

22 Feb 2011 - Chinese Workers Surplus Value Makes China A World Economic Power http://www.marketoracle.co.uk/Article26468.html

7. 9 Feb 2009 - The Great Depression II Survival Strategies http://www.marketoracle.co.uk/Article8978.html

1 Mar 2009 - Saving America From Further Crisis In The Age Of The Great Depression II  http://www.marketoracle.co.uk/Article9175.html

12 Mar 2009 - OPEC /GCC Countries Too Are Under The Grip of The Great Depression II of 2009 http://www.marketoracle.co.uk/Article9398.html

 26 Mar 2009 - Economic Stimulus Packages — The Hidden Threats http://www.marketoracle.co.uk/Article9672.html

31 Mar 2009 - OPEC Must Also Bear The Pain of the Great Depression II http://www.marketoracle.co.uk/Article9777.html

21 Apr 2009 - Oil, Cars and Consumerism and The Global Economic Crisis: Discussion on The Great Depression II  http://www.marketoracle.co.uk/Article10161.htm

Prof. (Dr.) Raju M. Mathew

© 2016 Copyright Dr. Raju M. Mathew - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules