chris, you say - I think Trump has done more for American prosperity in 3 weeks than Obummer did in 8 years.....!
i don't think that's true. if you stand back and look, the only prosperity he's created is for investors, fat cats, Wall St folks, stock holders, and basically rich people. I've got a feeling this is going to become the theme of the Trump presidency - the rich get richer. This will further divide the country into two economic classes, the haves and the have-nots. And in about a year when the have-nots figure out what's happening, there will be trouble. Maybe the headline next year will be, "President Trump plans to deport all citizens with a net worth less than $1M"
Prosperity for the "rich" means jobs for you and I....! Plain and simple. They are the job creators, the ones who risk their capital. You have to get it out of your mind that capitalism, making money, and that being rich are bad things. I am a stock holder in many companies and I offer no apologies to anyone who thinks that is a bad thing or that I should be ashamed. Making money is good, capitalism is great, and if you are a "have not" like I was you should keep going to school, get a college degree in something marketable, and work 3 jobs and you will be a "have" in just 8 to 10 years like I did...! Oh, and one of those jobs was a graveyard shift at the SF airport starting when I was a senior in high school. All of my senior year, my friends went out to party at midnight and I went to work for 8 hours..! And the last 8 years have been tough on me because my taxes went way up, my wages stayed stagnant, and my medical co pays and insurance have skyrocketed. And this all happened while I was getting my first one out of college and putting two more into college. Surprise....! My wife and I make too much to write off any college expenses....! Thank you IRS tax code, congress, democrats, progressives, and Obummer...! Me, the middle class they always talk about, can't write off any college expenses. Just got the bill for the next semester of college for my last one who is a freshman.... Over 20K, that's just the semester... Not the whole year. I'll do it over time with a combination of loans, paying it down, and picking up extra days at work, and I won't be able to write off a single dime....! So please park your economic class warfare theory where it belongs, in the past and directly on Obama's lap. Cutting the corporate and individual tax rates, allowing US corporations to bring money back in from offshore, and cutting regulation and red tape will be the best thing that could happen for the USA right now. Now please look up the Laffer Curve and study it. If you already know about it great, if not, please read. Why has the economy been stagnant these last 8 years...... Maybe that 37% tax rate has something to do with it....? Chris
The Laffer Curve
