The Republican Party wants to cut taxes, claiming this is pro growth, are these people nuts.
We have a falling unemployment rate with almost full employment.The GDP of America is fantastic.
The U.S. inflation rate is under 3 percent.
Let me try to understand, putting more money into peoples pockets will make the economy grow. Now as anybody with any common sence the best you can get out of this is an overheated economy.
What happens in an overheated economy the central bank raises interest rates. Raised interest rates slows the economy down. Going along with this reasoning, reduction in taxes actually slows the economy down in the long run.
Maybe America will get lucky and those extra bucks will go into paying off individual debt, or saving/ investing.
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