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P. 81

Trump’s Economic Era


                       “Democracies have ever been spectacles of
                  turbulence and contention; democracies have
                  ever  been  found  incompatible  with  personal
                  security  and  rights  of  property,  and  have  in
                  general been as short in their lives as they have
                  been violent in their deaths.”


                 Alexander  Hamilton  was  a  Founding  Father,
            soldier,  economist,  political  philosopher,  one  of
            America’s  first  constitutional  lawyers  and  the  first
            Secretary of the Treasury. John Adams was a Founding
            Father, the second President of the Unites States and the
            first Vice President.


                    Alexander  Hamilton:  “We  are  a
                    republican form of government. We will
                    never achieve real liberty in despotism
                    or the extremes of democracy.”


                    John  Adams:  “Democracy  never  lasts
                    long.  It  soon  wastes,  exhausts  and
                    murders  itself.  There  never  was  a
                    democracy  yet  that  did  not  commit
                    suicide.”


                 John Stuart Mill, an economist who lived in the
            1800s, recognized that the market system was about the
            production of goods and services, it was not about the
            distribution of goods and services.  In his famous book,
            Principles  of  Political  Economy,  published  in  1848,
            Mill states:








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