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Originally Posted by RickFLM4
Isn't the bolded part exactly what happened when the last tax cuts expired (minus the juiced economy)?
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This economy is doing well, despite the claims of the contrary. In fact, until Trump passes his first budget, it's still "Obama's Economy" that he inherited.
Quote:
Originally Posted by RickFLM4
There is no silver bullet to make everyone prosperous. There are theories to make things better overall, but there will always be some who lag economically. Some subscribe to trying to manipulate results by transferring wealth, ignoring unintended consequences. Others prefer lower taxes and smaller government. I personally think a strategy focused on promoting broad economic growth is better for long term wage growth than an attempt by government to force it through manipulation. Obviously not everyone sees things the same way.
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Promoting growth how?
Define what "government force" is
Some people see facts - and the others talk with feelings.
Quote:
Originally Posted by RickFLM4
As far as fiscal responsibility, stay tuned for entitlement reforms next year and wait to see what happens with actual results from tax cuts. The left tried to force tax increases by increasing spending. The right is trying to force spending cuts by cutting taxes. That's what happens when everything in government becomes a sound bite instead of a negotiation between (at least semi-) rational people.
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Taxes were already at all time lows, there was no need for these tax cuts. Now they have a reason to cut benefits that Americans pay for, removing guarantees for the reasons of "jump starting" an already strong economy.
Makes total sense.