TRUMP TAX PROPOSAL WILL TURN THE USA INTO GREECE

“It’s the economy money stupid”

Forget the noise and setbacks from Russia-gate, repealing Obamacare, white nationalists, North Korea, and inflammatory and inexplicable tweets. Despite these brouhaha’s their consequences will be judged as paltry in the big picture. That is because the mother of all destruction has been unveiled and I believe will also be passed largely untouched.  When it is, it will be lauded as a huge financial boon and an example of DJT’s skills at doing a deal.  Yet the president’s tax proposal will eventually turn the economy of the U.S. into one that resembles Greece.

Lauded as tax reform, the reality is that it is simply massive tax cuts followed by massive deficits in the future.

Not realizing the zero sum math, the average person willingly accepts Continue reading