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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST

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stsimon
To: John Vosilla who wrote (115618)1/16/2016 3:28:12 PM
From: Elroy Jetson1 Recommendation   of 217661
 
We could simply reverse Ronald Reagan's mistakes and restore prosperity.

But that would require some people admitting the mistake they made. I wonder if that's possible?

Trump wants to double-down on Ronald Reagan's failed magic scheme of subsidizing income tax rates with debt, reducing income tax rates for those earning more than $450k annually from 39% to 25%.

The difference is, unlike Reagan who also siphoned-off Social Security and Medicare tax payments to pay for income tax rate subsidies, Trump wants to fully fund Medicare and Social Security payments.

I wonder how those "magic tricks" will work out?

But this Bamboozle Festival has wide support among "Low Information Voters" because Trump has promised to insult immigrants while he performs this financial sleight of hand. — en.wikipedia.org
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