tag:blogger.com,1999:blog-2761684730989137546.post533977565434228284..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: Trump says ‘major tax cut’ on the waymike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-12229519504522882932018-10-23T10:46:42.816-04:002018-10-23T10:46:42.816-04:00Not necessarily... Franko
In any event, the inher...<i>Not necessarily...</i> Franko<br /><br />In any event, the inherently risk-free debt of a monetary sovereign like the US should yield (given overhead costs) less than 0%.<br /><br />And that, besides being the right thing, shall solve or help to solve quite a few problems such as the trade deficit and constant fretting over the National Debt since, over time, the National Debt shall be converted to revenue neutral at worst.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-79421254558903680302018-10-23T09:03:01.508-04:002018-10-23T09:03:01.508-04:00"More tax cuts = more of a deficit"
Not..."More tax cuts = more of a deficit"<br /><br />Not necessarily...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-22088654321530002182018-10-23T07:54:27.066-04:002018-10-23T07:54:27.066-04:00More tax cuts = more of a deficit = more risk-free...More tax cuts = more of a deficit = more risk-free yields on the inherently risk-free debt of the US Government = more welfare proportional to account balance in said debt = more welfare for the banks and the rich.<br /><br />See how that works? Any deficit spending for the general welfare must be paid for with welfare for the banks and the rich.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com