RE: This Seems Like A Pointless Exercise
January 31, 2018 at 12:20 pm
(This post was last modified: January 31, 2018 at 12:20 pm by The Industrial Atheist.)
Job Growth has actually slowed. GDP growth is impressive in a way, but we're in a bubble. Every time you massively deregulate and cut taxes for the rich you get a boom bust cycle. History has proven this again and again with the the biggest example being the "roaring 20's" and "the great depression." Or Reagan's tax cut's and deregulation. Or Bush Jr.s which seem to have just skipped right to the bust cycle. Even George H.W. Bush thinks the idea of reducing taxes for the rich without increases the debt and deficit is "voodoo economics."
The question is, how bad will it be when the bubble we're in bursts. It always does.
The question is, how bad will it be when the bubble we're in bursts. It always does.
