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Non-Tech : Kirk's Market Thoughts

COHR 159.34

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Nov 6 3:59 PM EST

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To: Kirk © who wrote (5310)	12/16/2017 3:08:01 PM
From: zzpat	Read Replies (1) of 26434

<<So don't give me any BS. Taxes matter.>> When Reagan cut taxes in the 80s did those jobs come back to the US? When Bush cut taxes over and over did the jobs come back? You have to give me something more than saying jobs left the US. That's a given. I'm guessing Singapore doesn't spend trillions of dollars on wars to get elected or borrow trillions of dollars to buy votes. I see their tax rate is very low and their GDP per capita is catching up with ours. Decades of giving money to the super-rich isn't creating a stronger economy. Who'd have thought? Debt is future taxes plus interest and the debt exploded after Reagan and Bush cut taxes. Those higher taxes that we now pay are a direct result of the debt created by tax cutters who promised to balance the budget and failed. While I understand facts are becoming increasing irrelevant in our new world of Trumpism, some of us still can look at the numbers and say, what the hell were they thinking?

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