All potentially unpopular cuts will hit only after 2026 or 2028. This is proof Trump was never serious about any real spending cuts. These cuts will never actually happen. 

As I discussed in this article, Congress has given the Fed a “triple mandate” to maintain 1) maximum employment; 2) a stable price level; and, 3) low interest rates. I also showed in that article that the Fed has failed to achieve these mandates again and again over the past 112 years.

In my work on courageous followership and intelligent disobedience, I have often reflected on the conditions that allow tyranny to take root—and, more importantly, how we can prevent it. The genesis of my work was my grandmother’s loss of her family in the Holocaust. Why do people follow destructive leaders and support destructive systems and how can this be done differently?

A few months ago, in the wake of the fatal collision between a US Army helicopter and a passenger jet, I wrote why the Federal Aviation Administration (FAA) has severely compromised air safety because as a government agency, it cannot effectively engage in economic calculation.