Deficit spending to to keeo Wall St flourishing except Wall St isn’t the America nor the Economy. Trump is doing what Trump is known for spending sending things broke and walking away for others to fix. His companies were doing great until they went baknkrupt all 7 of them. Just bundle them and call them 1 sounds better to Trump (ODT)
Democrats aren’t sounding an alarm, but at least they keep noting that the deficits would be substantially smaller but for the 40 per cent reduction in the corporate income tax rate and the individual tax cuts that were heavily weighted in favor of the millionaire and billionaire class along with owners of commercial real estate, notably the current occupant of the Oval Office.
Republicans speak softly about all this deficit spending or keep quiet lest the upset their leader. Now that the GOP has morphed into the Cult of the Donald, sound tax and spend policies exist in a twilight zone where facts no longer matter.
Among Republican officeholders, deficit spending was once the most abominable of all fiscal sins. Today, as ordered by Paramount Leader Trump, exploding budget deficits are the fiscal sin that dare not speak its name.
via Radical Republican tax cuts are bankrupting America – Michael West
