The man who just got elected president of the United States has contradictory instincts: he wants to get the government off people’s backs, and he wants the government to play a gargantuan role in everything. He wants to lower taxes and raise spending; he wants fewer wars and an imperial military; he wants to remove obstacles to prosperity; and he wants to use tax money and the Federal Reserve to boost people’s incomes, in effect redistributing money, fueling inflation, and piling up the debt.
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