When economists said that Trump was out of his mind to propose that the United States would ever have a GDP of over 3% again, they were speaking from the failed perspective of a socialist philosophy. Just because a majority of economists were all trained in the same places by the same socialist radicals it doesn’t mean that reality is shaped by a majority opinion that may want to promote socialism from the halls of academia, or network television. The same economists and promotional efforts to insist that they have intellectual knowledge worth listening to are the same as those who are putting the 28-year old girl Alexandria Ocasio-Cortez on every media outlet that they can find hoping to promote democratic socialism before Donald Trump’s economy puts that fantasy out of reach forever. Donald Trump is a man from a real background in understanding how economies work. Alexandria Ocasio-Cortez is just another young radical stuck on the Marxist theories she learned in her education, like a lot of kids. But here’s the reality, Trump’s economy will continue to boom, there will not be a recession on the horizon, there will not be a slowdown of growth. So long as government is kept from tampering with the economy human enterprise will unleash tremendous economic growth and that is the reality of the 2018 election, for which Alexandria Ocasio-Cortez isn’t even elected yet. All she did was win a primary, but the media knowing that Trump’s economy is pulling ahead of their broadcasted fears are in a panic to put a young lady that they think is pretty in front of the cameras to promote their global intentions, and it’s not going to work.
I met the type of economists that have been declaring that Trump’s economy would fail or that even the good numbers of today are bound to have a major downturn while I was in college. I thought from day one that the economists in college were idiots. I had read several books on my own before getting to college so I had a reference point, but I also had a lot of real life experience. Prior to going to college, I did many fundraisers for the Boy Scouts of America, I worked for mobsters, I chauffeured celebrities, I was a repo man, a gunsmith, and a car salesman, a male model and I did all that before I was 19. So I had a lot of experience with money and commerce and at that time I started to read serious books on economic matters, so the ridiculous cycles that economists at the University of Cincinnati tried to teach were ridiculous. I knew it then, and I am even more sure of it now.
As a basic lesson of economic reality, I speak often about how much I enjoy the yearly Annie Oakley Western Showcase in Darke County, Ohio every year where we conduct bullwhip competitions for the public with the host Gery Deer. This example could apply to anything, but it speaks to the nature of human beings no matter what race, sex, or age—it is the way that humans are wired which obviously Karl Marx never understood. That’s why he died dirt poor and broke in London with just a few people attending his funeral. Because Karl Marx was an idiot, but the governments of the world thought that socialism and communism might be a good way to give themselves lots of power, they started promoting it, and whenever someone like Alexandria Ocasio-Cortez could be used as a spokesman, they have tried. But all those efforts will fail because of the basic realities of the human experience. In our bullwhip competitions there used to be cash prizes and big trophies. That brought competitors from all over the world to our event to try to win something that they could put on their mantle at home and be proud of. After all, we all practiced very hard to get good with bullwhips so winning a prize, and or money was a vindication of those efforts. Not that I’m bragging, but I won most of the time, and so did Gery Deer. A handful of us tended to always be in the top rankings so people who didn’t win would get angry. Since Gery was always organizing these events the losers of the competitions would call him a “money grubbing charlatan” because they accused him of hosting these events just to make money. Sound familiar?
So to silence the critics my friend Gery Deer took away the prize money and the trophies and made it so that we would just compete out of the goodness of our hearts for the fun of it. Well, guess what happened, over the next five years attendance dropped from both the spectators but also the competitors. Most of those professional bullwhip artists who practiced so hard just had no ambition to attend a competition just for the fun of it. If there wasn’t money or a trophy involved, they decided to stay home, save the plane fare and do something else. But I still came and so did a few other people. I enjoyed the event for what it was and I really didn’t care if I won a trophy or not. That is what makes me in all things I do in life one of the 1% to 5% who always do things for the right reasons. I would say Donald Trump is a similar personality. He plays golf for many of the reasons I do bullwhip work, because he just enjoys the endeavor, and he likes playing and competing whether or not there is a trophy involved, because of the spirit of doing the task. But when you take away the personal recognition for a lot of people, they just aren’t interested in doing something, and that is why socialism will never work, as it has never worked.
The reason Alexandria Ocasio-Cortez can’t tell anybody how her democratic socialism would be paid for, how socialism could give people free college educations, how there could be free healthcare, how we could have a $15-dollar minimum raise is because socialism ignores the values of a task performed. The work of doing something is what generates value, just as resistance can generate electricity in a generator as magnets pass over coils. But if the reward for work is not individualized then the desire to put forth effort is lost. If everyone is going to get $15 dollars an hour, or everyone is going to get a trophy, or nobody is going to get a trophy, then people will do only what they have to, and that means that all the ambition for work is lost to the participants. Socialism under any form assumes that people will work hard and be productive just out of the goodness of their hearts, and that isn’t how people are wired. Socialists like Alexandria Ocasio-Cortez or some hippie college professors might think that humans should behave differently, but reality doesn’t indicate that such a thing will ever happen. Just as we took trophies and cash out of the Annie Oakley competitions the best whip artists in the world stopped coming and the sport itself has nearly gone extinct again. A few of us do the event still, but where we used to have 25 to 30 artists from as far away as Australia come to Ohio for the competitions, now there are only five or six a year. The same could be said about any professional endeavor from the medical industry to building cars. If you take away profit and a reward for achievement, you stop the economy. If you reward such things, then people will invent and work their asses off just for a little recognition—even if its minor in nature.
Trump clearly understands how economics works, better than most economists. The people who speak against him and his new economy want to ignore reality and assume that the socialism of Karl Marx might still happen if they could only plaster the young face of a girl voters might like on the front of it. But Alexandria Ocasio-Cortez is just a kid. She’s a nice kid but she has a lot to learn and a lot of experience to gain. I was lucky to have had a lot of experience before I was 19, and it was easy for me to call bullshit on the professors I met in college. Now as a person with a lot of experience in many endeavors, I know the Trump economy is only going to increase. There will not be a recession during Trump’s years in office. The cause of recessions is government tampering and taking away incentives for excellence among a society’s participants. I am one of those people who will do the right thing whether or not there is money or a trophy involved, but I am also one of those 1% people. Karl Marx might have known people like me when he came up with his communism idea, but he didn’t apply it to reality. Most people, 99% of all people, will only do something if they get some opportunity at a personal reward, whether it’s a big wage increase, a new car, or an opportunity for sex. If those potentials are taken away, people stop trying and that is how recessions come about. If you open up the rewards, then there will never be a shortage of people who want a chance at those rewards. And that is what drives economies. More rewards, the bigger the economy. Less rewards the smaller the economy. And that is precisely why China is so worried, because as a communist country, they can only look like a global superpower so long as all other economies were artificially restricted, as the United States was. But under Trump and a new rewards system for innovation and effort, China doesn’t stand a chance.
Rich Hoffman
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