Some of you may be familiar with the Cow Analogy for economic systems. If not, click the link to see one verson.
I whipped up an entry for Trump Economics.
Trump economics: You want a cow. A big cow. The biggest cow ever. Heads will spin. So you borrow enough money for two of the biggest cows ever, and lure others to invest in the cows and pay you for putting your name on the cows. You default on the cow loans, so you declare bankruptcy and stick the investors with two cows they don’t want. You also demand they take your name off the cows, and then claim the loss of the cows as a deduction so you don’t have to pay income taxes. The cows die. You are hailed as a financial genius. You decide to run for president.
Comments are welcome.