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Sat Dec 2, 2017, 02:30 PM

 

When the RW pundits and Congressmen and women say the tax bill will the country moving again,

what do they mean? Unemployment is at record lows, and corporations are sitting on cash as never before. Why would they come back to the US when they are set up abroad and happily making record profits.

When they say that the same analysts missed the Obamacare estimates by half a trillion do they consider that failure to expand Medicaid and support the mandate is the reason the estimates were off?

What will it take for people to understand what is about to happen. With Janet gone from the FED chair, interest rates are going to rise and inflation will wipe out any reduction in taxes and disposable income the working men and women are supposed to realize.

But the GOP will continue to suck up to their donors scam the rest of us.

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Reply When the RW pundits and Congressmen and women say the tax bill will the country moving again, (Original post)
sadiegirl Dec 2017 OP
Cicada Dec 2017 #1
Wellstone ruled Dec 2017 #2

Response to sadiegirl (Original post)

Sat Dec 2, 2017, 02:59 PM

1. Amazon may prevent increased inflation

Economists have been confused about why we havenít seen inflation already. Some argue that Amazon, which does not try to make profits and instead aims to increase its market share, has kept prices flat. And other sellers dare not raise prices for fear of losing customers to Amazon.

So economists do expect a resurgence of inflation but it is not clear it will happen.

People will get screwed in other ways even if there is low inflation. Spending will be cut to pay for the tax cuts for the rich. This tax bill will help the rich get richer while everyone else will keep treading water, at best.

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Response to sadiegirl (Original post)

Sat Dec 2, 2017, 02:59 PM

2. Once you take away ones

disposable Income and you do that to Millions,guess what,1981 returns in a major way.

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