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Ok, cutting taxes to the very rich while raising them on middle and lower classes and cutting services. This was part of the big beautiful bill. This is 'logica
by Eddy_Viscosity2 1y ago
Ok, cutting taxes to the very rich while raising them on middle and lower classes and cutting services. This was part of the big beautiful bill. This is 'logical' from the point of view of the billionaire class, but in terms of the economy that everyone else lives in, things will be worse for them.
- corimaith 1y ago>Ok, cutting taxes to the very rich while raising them on middle and lower classes and cutting services. This was part of the big beautiful bill. This is 'logical' from the point of view of the billionaire class Deciding who benefits or not from legislation is not a Economist's domain, their work is descriptive, not normative. You're critiquing politicians here for prioritizing GDP, but that is divorced from your critique of economics. The economist will only tell you what they think will happen with regard to the economy if you pass a bill or not given the goals you've outlined to them. https://taxfoundation.org/blog/big-beautiful-bill-impact-deficit-economy/ https://taxfoundation.org/blog/big-beautiful-bill-impact-def... https://www.cbo.gov/publication/61387 https://www.cbo.gov/publication/61387 Well you look at analysis here, do you then disagree with the predictions of the bill and the methodology used, and if so, what is your better analysis here with supposedly more refined epistemic assumptions?