The GOP elite are doing everything they can to make sure Hillary beats Trump just to hold on to their power base!
It is the real business community that creates jobs, not the bankers and multinationals. In fact, 70% of jobs are created in the real business community and they are the ones excited about Trump’s tax plan to reduce corporate taxes to 15%.
So if we bring back the excess reserves at the Fed and nearly $3 trillion in cash these multinationals have moved offshore to avoid taxes, it would ignite a real economic recovery. Then all we have to do is outlaw the Fed paying interest to the banks for NOT lending money, and what we will get a economic boom of spectacular size. You will have about $5 trillion freed up in an economy that is $18 trillion. It would be easy to create jobs and an economic boom.
All the US government has to do is end the socialism. This same formula would work in Europe as well.
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Livio S. Nespoli has been a broker, registered investment advisor, and financial publisher since 1985.