While we are going through a process of transition, as we consider the signing of the Big Beautiful Bill and the amount of debt being added to it to fuel extraordinary growth, which on the surface appears irresponsible, but rather, and this is the case with the criticism of Jerome Powell at the Federal Reserve, everyone has to understand the attack on American culture that has taken place to grapple with the need to spend trillions of future dollars to jump-start an economy that has so many parasites in it.  We have to look at what the BBB is poised to do as Trump campaign promises, such as NO TAX ON TIPS, or NO TAX ON OVERTIME, and making the Trump tax cuts permanent, to get the big picture implications.  The philosophy of big spending is similar to how we would approach a military engagement.  Bombs, missiles, and troops cost a lot of money, and whenever you fight a war, on any level, it is usually an inspiration for debt, because very little that is profitable comes out of war.  For instance, the recent bombing of Iran, which most people generally support and attribute to Trump being very successful, and people are very proud of its success, cost around $500 million.  The B2 operations cost alone is $38.85 million, the GBU-57 bombs are $280 million, the Tomahawk missiles are $48 million, and all the supporting assets are $15 million.  That’s a lot of money to spend on one bombing campaign, and a prolonged war can quickly exceed all possible revenue sources and throw everyone into massive debts.  That’s why I said there would be no war with Iran, because Iran simply can’t spend money at that scale to fight a war.  War costs money, and if a country doesn’t have access to cash, it can’t fight a war.  Looked at another way, what’s the value of a gun if you can’t afford the bullets? 

And that makes Trump’s appointment of Pete Hegseth from Fox News into the Defense Secretary position that much more appropriate because in the past when we have spent this kind of money on military operations, we always had some stiff who would stand in front of a hostile socialist media and try to explain why what we did was a good thing.  However, Trump understands these situations very well; his knowledge comes from many sleepless nights of worrying about how to make deals and knowing how to get the most bang for his buck, so to speak.  In order to force peace in the Middle East, the threat of nuclear war had to be taken off the table.  Iran had to lose that leverage point in the conversation.  So Israel opened the door to a military attack, targeted at limited casualties and mostly cosmetic, to take that piece of hostility off the world stage.  So Trump sent in the B-2s at the extraordinary cost mentioned, around $500 million.  Anticipating the tremendous success and knowing that Iran can’t outspend anybody in a prolonged war, because they don’t have many missiles left to shoot and nobody in the world can give them new ones at the rate they would require, they had no choice but to play nice and sit at the table and talk about peace with Israel.  But even all that wasn’t enough; Trump had to have someone like Pete Hegseth, who understands how the media works and can talk on their terms, to explain it all to the world appropriately.  Otherwise, all that money spent on success wouldn’t mean anything in the end. 

Pete Hegseth, when he gave his press conference briefing to explain the effectiveness of the B2 raid, which essentially took Iran off the map of world terrorism sponsorship, was brilliant.  If that were all he did from now on, that would have been enough.  Pete Hegseth was fabulous, and I think it will go down in history as one of the most fantastic explanations of military endeavor in the world.  It’s not just the cost involved, but the human ingenuity that usually goes unsaid, for which Pete Hegseth was able to communicate.  To have the ability to take off on a secret mission from Missouri, at the fantastic Whiteman Air Force Base in Knob Noter, just 70 miles south of Kansas City and to fly non stop to Iran on the other side of the world and drop bombs to such a precision that these guys did, then be headed home before anybody in Iran even knew to look up in the sky, was a remarkable feat.  Astonishing actually.  And the group landed back at Whiteman without a scratch, for which Pete Hegseth was able to provide a correct explanation.  If you’ve ever been to that part of the world, you know just how far away from anything that it is.  To have that kind of reach demonstrates to the world not just the monetary ability to conduct such a raid, which costs roughly $500 million every time, but also to have that kind of reach under stealth capabilities is a terrifying prospect for the rest of the world.  Nobody in the world could have pulled that operation off, and when Trump did it, he took the gas out of the winds of fire from the minds of the world and their hostilities.  So, yes, the money spent was worth it, even if it generated short-term debt, because the prosperity of peace will create many more opportunities for revenue. 

And that same mentality is what is in this Big Beautiful Bill.  I understand it; I love Warren Davidson, he’s my congressman, and I get not trusting anyone from the future to cut spending that’s done today.  It doesn’t make sense under any rules of responsible spending practices.  However, we are discussing military engagement against the hostile economic forces in the world that have been impacting our economy, and the scale of the cost structure is a result of their imposition.  And Trump is looking to dismantle those constraints with growth, in the same way that he is attacking the Federal Reserve for foolishly sitting on interest rate hikes under the guise of prudence and patience, when boldness and spontaneity are needed for the massive growth Trump intends.  The purpose of the Big Beautiful Bill is military; it is meant to cut revenue and reduce spending by exposing all those with their hands in the cookie jar, and to promote manufacturing growth among the people who do the work. The opportunity cost generated will be substantial.  The deficit generated, much like a B2 attack, will be measured in dollars up front.  But the intangibles that have a much higher value will be exploited for great opportunities that wouldn’t be achieved any other way.  The optimism created by the Big Beautiful Bill will far outpace the actual cost in dollars, which is controlled by so many hostile agents in the finance industry, and it will change the scale for how we measure debt.  So, the achievements of the passage and the first year of the Trump presidency in this second term will far outweigh the cost once the threats to our economic security are eliminated through capitalist rules of engagement.  When the other economies of the world collapse, due to their reliance on socialism, communism, and Marxism, the scale shifts for all considerations.  And revenue sources that cannot be considered at this point will become available to backfill any debt produced in the short term.  And, just as putting Pete Hegseth in position well before he was needed, the same kind of experience has gone into the mechanics behind this Big Beautiful Bill.  It’s not about money; it’s a military attack against the Lords of Easy Money and their control of the process of debt spending that is much more of a threat in the world than Iran ever was.  And it’s a way to bomb them where they hide in ways that take them off the map as the parasites that they always were.  And massive prosperity will follow in the wake of their destruction.

Rich Hoffman

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