Budget
Harry Zimmerman

THE CURRENT STATE OF OUR ECONOMY—OUR RECURRING DEBT CEILING CRISIS AND OUR RISING NATIONAL DEBT NOW SURPASSING A RECORD $34 TRILLION

With our National Debt surpassing the $34 Trillion Dollar mark and the current Debt Ceiling crisis again needing to be resolved this time by January 19th, Congress, at least, may have a temporary budget proposal in the works of 1.59 trillion dollars comprised of 886 billion designated for defense spending and another 704 billion in non-defense spending.

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Interest Rates
Harry Zimmerman

WITH THE DEBT CEILING RAISED AND THE TREASURY TO AUCTION A RECORD $1 TRILLION IN BONDS TO REPLENISH ITS CASH BALANCE, DID THE FED’S RECENT DECISION TO “PAUSE” INTEREST RATE HIKES HELP?

First of all, just to lay some groundwork, the reason Congress is debating Raising The Debt Ceiling even though all the expenses and obligations in question is not some future-to-be debt but rather are expenses and obligations ALREADY incurred, The Problem is–there’s not enough money currently in the U.S. Treasury to pay these bills.

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Interest Rates
Harry Zimmerman

RECENT BANK “RUNS” & FAILURES, INFLATION, THE FED’S INTEREST RATE HIKES AND THE DEBT CEILING–HOW IT ALL FITS

This “Perfect Storm” of Low Supply of Key Items–the raw materials and component parts that go into the manufacture and production of many things coupled with Excess Cash in the hands of both Business and Consumers leading to Price Increases for all these raw materials and component parts and ultimately for the finished goods and merchandise sold to The Consumer—This “Perfect Storm” of the “Worst of the Worst” of Coincidental “Gut Punches” leading to the Resultant Subsequent Compounded Inflation that we’ve had and are STILL experiencing!

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Interest Rates
Harry Zimmerman

CAN THE FED, AS IT HIKES INTEREST RATES TO FIGHT INFLATION, CAN THIS ACTION, AT THE SAME TIME, ALSO ADDRESS OUR PENDING DEBT CEILNG CRISIS?

Yes, as The Fed raises Interest Rates to Curb Inflation—The result of this action of Raising Interest Rates, Diminishing Demand by Increasing the Costs of Borrowing Money thereby Decreasing Purchases of Consumer Items such as Homes and Cars and for Businesses–Loans for Start-Ups, Ventures, Expansion and Equipment, can also help with Our Debt Ceiling Crisis!!

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Healthcare
Harry Zimmerman

ON HEALTHCARE

A PLAN FOR HEALTHCARE COVERAGE FOR ALL This Plan would be Comprehensive Universal Healthcare Plan for ALL and would be a hybrid of Private Coverage

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Tax
Harry Zimmerman

ON THE WARREN WEALTH TAX

(1) With respect to Elizabeth Warren, Bernie Sanders and others wanting to impose a Wealth Tax to fund Healthcare—as per discussion in my first article

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Infrastructure
Harry Zimmerman

ON INFRASTRUCTURE

(1) In our last article on the Warren Wealth Tax and how it could be better and more sensibly applied–We made the following proposition and

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Tariffs
Harry Zimmerman

AN ALTERNATIVE TO TARIFFS

Instead of imposing tariffs, an alternative plan would be to require all foreign entities doing business here selling their finished products or components to be

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Presidential Power
Harry Zimmerman

WHAT TRUMP MAY DO NEXT

When and if President Trump exhausts all his remedies by use of tariffs to achieve the trade balance equity and national interest goals he envisions,

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Infrastructure
Harry Zimmerman

DEAR CONGRESSMAN LOWENTHAL

Please find Plan Proposal to finance Our Infrastructure Rebuilding. As reported by Bloomberg News, Our Infrastructure Rebuilding Program will cost $2 Trillion Dollars. And both

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