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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 445.60-10.1%Jan 30 4:00 PM EST
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To: elmatador who wrote (115610)1/16/2016 1:41:22 PM
From: Elroy Jetson1 Recommendation  Read Replies (1) of 219934
 
Yep. Some cranks still believe increased public debt used to lower taxes greatly increases economic growth.

But Ronald Reagan proved this concept to be false. — It didn't work for Juan Peron in Argentina and it's not going to work for China either.

Yet this defective concept remains so alluring that Donald Trump has recycled this scheme which won't die as a way to further reduce income tax rates for those earning more than $450k annually from 39% to 25%

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