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Yet employment levels are at historic highs. Clearly, something is working well after the tax cut.
by skookumchuck 7y ago
Yet employment levels are at historic highs. Clearly, something is working well after the tax cut.
- jhayward 7y agoA trillion dollar tax cut that raises the annual deficit to over a trillion dollars a year can certainly ignite some economic activity. So can lighting a bonfire using the household furniture and next year's crop of seed corn. This isn't organic economic growth, it is the lowest form of political populism that doesn't even pretend to be an actual economic policy intended to make the US economy strong.