MM#458--Let ER ROAR, Mr President!

When the numbers are this strong—near four percent growth across three straight quarters, inflation easing, wages outpacing prices—it’s tempting for Washington to claim credit and start tinkering. We make a different case: the smartest move is restraint. Let a running economy keep its stride by preserving the incentives that sparked it—lower taxes, lighter regulatory loads, abundant energy, and clear rules that reward productivity.

We revisit the value of aiming high, channeling the moonshot mindset into a push for sustained growth. That ambition isn’t about bluster; it’s about setting policies that shift risk-reward in favor of investing, hiring, and building. From streamlined regulation to pro-energy approaches that cut costs across supply chains, we connect today’s momentum to classic supply-side principles. The results show up in real wages beating inflation, record-breaking markets, lower gas prices, and even a narrowing deficit tied to trade policy shifts.

Then we pressure-test the latest panic proposals: price controls on credit cards that would shrink access and hide costs, fifty-year mortgages that trap families in interest, new lifelines for the housing GSEs that risk replaying old crises, bans on investors that choke housing supply, and government equity stakes that politicize innovation. These aren’t growth strategies—they’re distractions that could derail compounding progress. Our message to policymakers is simple and urgent: don’t blink. Hold the line, keep the rules clear, and let the economy run.

If you’re aligned with growth you can feel, share this episode with a friend, hit follow, and leave a quick review to help more listeners find the show.

Key Points from the Episode:

• opening quote framing growth-first priorities
• aiming high on GDP growth and why it matters
• evidence of momentum in growth, inflation, wages, and markets
• critique of price controls, ultra-long mortgages, and housing meddling
• reminder of supply-side foundations and proven results
• call to hold steady: don’t blink, let it run

Be sure to check out our show page at teammojoacademy.com, where we have everything we discussed in this podcast as well as other great resources

Other resources: 

Want to leave a review? Click here, and if we earned a five-star review from you **high five and knuckle bumps**, we appreciate it greatly!

Transcript

Welcome And Opening Quote

SPEAKER_01 0:07

Welcome to the Theory to Action Podcast, where we examine the timeless treasures of wisdom from the great books in less time to help you take action immediately and ultimately to create and lead a flourishing life. Now, here's your host, David Kaiser.

Trump’s Growth Mindset

Evidence Of A Running Economy

Bad Policy Ideas Critiqued

Supply-Side Roots And Results

SPEAKER_00 0:26

Hello, I am David, and welcome back to another Mojo Minute. This is an audio podcast. We will return to video podcast next week. As always, and as is our custom, let's begin with the opening quote. As far as his ideas, they are far from orthodox Republican. He is not a captive of the balanced budget obsession, thank God. His top priority is economic growth and job creation. And he also gets something that almost no Democrat and too few Republicans get. No matter how sharp the spending acts, the budget will never be balanced without robust growth in jobs and in output. You want more taxes, get wages up. Unemployment rates down. And when we would advise Donald Trump that his tax cut deregulation of pro-America energy policies could get America back to 3 or 4% growth, he would often interrupt us and say, I want 5% growth. This is a guy who shoots for the stars, and why not? When Kennedy said he was going to put a man on the moon by the end of the 1960s, many scoffed and said it was technically impossible and fiscally unaffordable. But it happened in July of 1969. Trump faces these quote limits to growth skeptics every day. One of our favorite moments of the campaign was when the liberals in the media complained that he would not be able to build a wall. They practically shouted in unison, he can't do that. He doesn't even know how to do it. Trump replied, I've built skyscraper buildings all over the world. How hard can it be to build a wall? And most Americans agreed with him. And that, my friends, comes to us from a wonderful book, The Trump Economic Miracle, a plan or the plan to unleash prosperity again. Art Laugher and Stephen Moore, fantastic book. And folks, in January of 2026, we sit here on the cusp of prosperity again. You know, Stephen Moore and Art Laffer are some of the smartest economies we have on the planet. They have been nearly right about everything in the economic sphere going back to Reagan's days. That's some forty-five years ago. Let me throw in there Larry Cudlow, too. He's a smart dude. And what all three of these guys are have been saying is what the White House is doing. As if the economy needs saving. It doesn't. The Trump White House should take this to heart. The economy is fine. Scott Bessant, Kevin Hassett, and others in the economic shop have this economy trending the right way. Don't screw it up. What did Paul Newman say in the movie Cool Hand Luke? Sometimes doing nothing is a pretty cool hand. And we agree with him exactly. Do nothing right now. Why? Because right now the economy doesn't need saving. It needs space to run. Get out of the way. Run. Let it run, boys. The numbers speak for themselves, three straight quarters of nearly four percent growth. Inflation cut down to two point seven percent, stocks breaking every record in the book, gas prices dropping, real wages beating inflation, crime falling almost everywhere. Outside of Minnesota, where they're having an eighteen sixties style insurrection, but almost everywhere else, even in some of the big blue cities, crime is falling. Even the deficit is shrinking because of Trump's tariffs. This is a recipe for prosperity, folks. Or as my boyhood neighbor used to say, we are cooking with gas right now. We got some serious mojo. Serious mojo. Now the Trump tax cuts are still rolling out, energy prices are staying low, tariffs are being peeled back, some places with rebates attached, and thankfully the Biden area anti-business, anti-regulations are being shredded. Every piece of this is rocket fuel for continued growth, which makes the latest batch of economic ideas coming out of Washington all the more ridiculous. Instead of doubling down on success, some folks just like to tinker, like tinkering with an old car or something. They just want to flirt with failure. Price controls on credit cards? Really? Is that a serious idea? Fifty year mortgages that trap generations in debt? Not good. Another two billion tossed at Fannie Mae and Freddie Mac as if 2008 never happened. Banning investors from buying homes. Seems weird. Letting the federal government buy stakes in Intel and defense companies. Not exactly Orthodox Republican. Just doesn't seem like a good idea. This isn't policy, it's panic. The GOPs always wanting to work across the aisle, and these are all just frankly dumb ideas. These gimmicks reek of desperation. They're the kind of poll tested nonsense politicians reach for when they can't argue with the results. I've been around these folks. They were all there when I was there in the late 1990s as a staff assistant. I heard all the grumbling. Newt Gingrich was too conservative. He was too this, he was too that. Well, Gingrich bounced the budget four straight times. And he did it, understanding on Ronald Reagan's shoulders, how tax cuts and deregulation spur an economy. That's called supply side economics, and supply side economics works. If you want a class, go to Hillsdale College online course and learn about it. Art Laffer teaches that course. It's a great course. It's free too. Maybe some of these Harvard economic foes could actually take that less than probably three and a half hour course and understand something because their Keynesian economics has not ever worked. The truth is simple. The Trump economy is booming because it's being unleashed. The free market works, not because Washington micromanages it. The only thing that can derail Washington and this momentum is Washington itself. Don't get cute by half, is our recommendation. As Trump just said in Detroit, we've quickly achieved the exact opposite of stagflation, almost no inflation and super high growth. That's not a boast, that's a fact. And guess what, folks? The economy is doing very well with probably the f worst Fed chairman in modern times. You gotta go back to the Dolt who was there for just a year under Jimmy Carter. Can't think of his name. And frankly, no one cares. And even more so, it doesn't matter. So in today's Mojo Minute, here's the message we should hear from the White House. Don't blink. As the great Mike Tomlin used to say, as a devout Steeler fan that I am. If you want to blink right now, cut off your eyelids. Let's not fiddle, don't cave into the noise, don't listen to the moderate geo peers. Got some dumb senators over up there who have never run a business. They've never grown a business. The American economy is roaring. It's roaring back because freedom, tax cuts, deregulation works. Mr President, let it roar. Let it run, run, run. That's how we all build a flourishing life. Get government out of the way and let the economy run run. Let's let this economy roar. As always, let's keep fighting the good fight.

Don’t Blink: Let It Run

SPEAKER_01 9:41

Thank you for joining us. We hope you enjoyed this theory to action podcast. Be sure to check out our show page at teammojoacademy.com, where we have everything we discussed in this podcast as well as other great resources. Until next time, keep getting your mojo on.