President Trump’s visit to Saudi Arabia was perhaps one of the most bizarre spectacles of our time. Just months ago he accused the Saudi government of being behind the 9/11 attack on the US, yet over the weekend he stood on Saudi soil and discussed the virtues of religious diversity (something illegal in Saudi Arabia). Was it all about ” the art of the deal” — inking a hugely lucrative (for some) mega weapons deal? Or was it about calling for war on Iran and Syria (and maybe Russia)? We pick apart the trip and the speech in today’s Ron Paul Liberty Report:
Reprinted from The Ron Paul Institute for Peace & Prosperity.
Remember that Trump was a businessman before he became president. At least he knows about the bottom line. He must know that total military spending which he wants to increase drags that number on the bottom line even further into the negative. That is what is staring him into his face every day. The anxious world likes US military equipment. If you can sell more for profit that raises the negative number on the bottom line towards zero. If you can bully the NATO members into buying more that helps.
Trump knows that selling military equipment is not enough. Because he also wants to slash taxes he seeks compensation in social programs. You do not have to be a Keynesian to predict disaster.