Trump scored three economic 'own goals.' Here’s his radical three-step fix
President Donald Trump and his economic team, led by Treasury Secretary Scott Bessent, are delivering a solid economic performance so far in 2026: Real GDP growth rate of 2.5% and 2.2% per annum in the first and second quarters, respectively; core inflation rate (excluding food and energy) of 3.9% and 3.3% per annum, respectively; and unemployment rates of 4.1% for both quarters. Certainly, these figures are better than the International Monetary Fund’s July 2026 projections for the American economy.
TL;DR
- Exempt the first $38,680 of income from federal payroll and income taxes for individuals and corporations.
- Convert all existing federal debt into perpetual participation certificates paying an annual dividend of 1.25% of nominal GDP.
- Monetize federal government assets by revaluing gold, selling real estate, and privatizing entities like the U.S. Postal Service, Amtrak, NASA, Fannie Mae, and Ginnie Mae.