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Trump Quotes by Michael Hudson

10 Trump quotes by Michael Hudson

All Trump quotes Michael Hudson’s page

When Michael Hudson turns his analytical eye toward Trump, he cuts straight to the economic undercurrents that shape the debate. This short set of ten remarks offers a focused glimpse into his critique, perfect for anyone wanting a quick, informed taste of his viewpoint.

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Trump has said that he wants to remove the tax deductibility of interest. If he can do that, fine. But I hope…

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Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it…

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Trump's claims that he's making taxes more democratic for the people, but it actually is a vast sucking of income and wealth…

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Mr. Trump wants to turn the U.S. economy into the kind of real estate development that has made him so rich in…

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From 2008 to 2016 all the growth in the American economy, all the growth in national income, was earned just by the…

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If you want to see where Trump is moving, look at what the United States neoliberals advised Russia to do after 1991,…

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For many people, the mortgages they took out before 2008 are so high that they would be better off walking away from…

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The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or…

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If you're a wealthy heir with a trust fund, and you sell stocks, make your 10% gains since Donald Trump, and then…

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America needs an ineffective president. That's much better than an effective president that's going to go to war with Russia, that's going…

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Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the…

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This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in…

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Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

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Nothing could be better for the economy than to get rid of fracking.

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If you end internet neutrality and permit mergers of the big information technology corporations, that's a form of rent seeking. It's part of today's…

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Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening…

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What's bad for the frackers usually is good for the rest of the world.

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You could say that the vote to withdraw from Europe is, it's really a vote of the British middle class, the working class, to…

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Actually, high housing prices don't help the economy. They raise the cost of living.

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When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting. There are…

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The United States and Europe are in a state of debt deflation, where people and businesses have to pay banks instead of spending their…

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On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top…

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Income is sucked upward to the creditors, who then foreclose on the assets of debtors. This shrinks tax revenue, forcing public budgets into deficit.…

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Debtor countries may postpone the inevitable by borrowing from the IMF or U.S. Treasury to buy out bondholders. This saves the latter from taking…

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No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it can't…

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