Discussion: Why Economists Are Warning That The Trump Tax Plan Will Be An Epic Disaster

And that is by design, as you know. If anyone bears the Electoral brunt of that,it will be Trump or Pence in 2020. By that time there will be many more persons without health insurance too.

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Watching this I say to myself, “They can’t be that stupid, can they?” Then I remember how Mark Felt (aka Deep Throat) described the Watergate conspirators to Woodward and Bernstein. “These are not bright people”

Yes, they really are that stupid, having Trump as president makes it Stupid on Steroids (yeah I capitalized that on purpose, (Trumpism, it’s contagious, Sad!)).

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Home sales will fall. Not for want of a tax deduction, but for the narrowing window between young adults moving out of their parent’s houses, and moving back in to care for them in their old age. Buying a home is a terrible investment to someone moving in when they’re 30 and out again before they’re 50.

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Why is nobody asking them why the results of their tax plan will be different from Kansas? Kansas was their “big experiment” and it failed spectacularly.

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“They know they would be decimated next fall if they did not deliver some form of tax reform,” he said. “So they’re saying, ‘Trust us and it’ll work out in the end.'”

But the gamble may not pay off as expected. If the tax bill becomes law, its impact will hit people across the country just a few months before they go to the polls."

Ahh, there’s the rub!! 2018 can remedy a lot of GOP chicanery.

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An obvious joke cobbled together by puppets compelled by their masters to deliver a legislative "victory " regardless of the ruin and chaos foisted on an ignorant electorate and a horrified international financial community.

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“I am absolutely convinced that this bill will end up reducing the deficit,” Sen. Rob Portman (R-OH) told reporters. “I feel very good about the fiscal situation.”

They provided zero evidence to support this claim. (A promised report from the Treasury Department showing a surge of economic growth turned out not to exist—prompting an investigation by the department’s inspector general.)

Instead, GOP lawmakers coordinated to undermine and discredit the reports showing their bill would bleed the government of more than a trillion dollars in the coming decade.

These are the same tactics used by religious cults. The People’s Temple, Heaven’s Gate, the Branch Davidians and the Republican’t Party. One of these things is just like the other…

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conservative economists tell TPM that the policies likely to become law will wreak havoc on the country for many years to come

Well, that’s nice. I hope someone will inform the public with another “Harry and Louise”-style multi-million-dollar, years-long advertising campaign.

Or is that sort of thing for spreading lies only?

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"Instead, the economists and former government officials predicted, the bill will drive up the federal deficit, shrink and destabilize the health care market, exacerbate already historic income inequality, and pressure Congress to make deep cuts to the social safety net and government programs."

I am pretty sure most Republican politicians and their donors would say “So what’s the problem?”

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Newsflash: GOP Finds Free Lunch- Screws It Up!

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You talk like they don’t know what they are doing
That is the plan: To fuck over a vast majority of Americans with zero benefit to anybody but a few rich people.
They know exactly the consequences if they do and if they don’t
If they don’t “a few rich people.” will turn off the cash that allows them to get reelected and maintain the plutocracy.
The rich own the government not you or I

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This analysis focuses on NY. But the same conclusions apply to all high state tax areas. Pretty alarming. https://www.nytimes.com/2017/12/04/business/economy/tax-bill-new-york.html?_r=0

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Or having our parents living with us and working until they die

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“These aren’t bugs. These are features” Exactly. When the deficit builds, the talking points will all revolve around the horror of it all, so they can justify deep, deep Social Security, Medicare and Medicaid cuts.

The Reulsivans have been planning their turning back of Roosevelt’s biggest accomplishments since Roosevelt, Johnson’s biggest accomplishments since Johnson, and Trump fits their agenda perfectly as he razes everything Obama accomplished, and his outrages are such a nice shiny distraction from their slimy slitherings backstage. The Militarized police and fascist-majority Supreme Court are nicely in place to crush protest.

What looks like a halting, messy sausage making is the end result of decades of careful Daddy Warbucks planning. They’ve got everything: money, the talent it buys, the hangers-on it attracts, and the psy-ops warriors bringing all the racists and rednecks into the fold as well-armed cannon fodder.

The south will rise! So which door you gonna live behind: the Plantation’s mansion’s or the servant shack’s?

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That is reality
It dare not speak it’s name in Republican politics

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Honestly, how long is it going to take for everyone to clearly see that anything trump touches becomes an epic, toxic disaster? From the day he was born this has been the pattern.

I hate rushing age along, I’m no spring chicken anymore, but dammit, I cannot wait until this horrible excuse for a mammal is gone from the public stage, the world, the galaxy, the universe.

And I want justice. Bigly.

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I haven’t paid much attention the last five years, but I’m assuming this tax plan worked out OK when they tried it in Kansas right?

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The Kansas Miracle only died because people didn’t believe in it hard enough. If only they’d clapped longer and louder, the Kansas economy would have risen like dying broadway Tinkerbell and turned Kansas into a shining beacon of prosperity for the world.

So clap, you fuckers, clap! Louder! Clap louder or you’re all fucking fired!

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I think the immortal words of Canadian troubadour Gordon Lightfoot sum it all up quite nicely:

Sometimes I think it’s a sin
When I feel like I’m winning when I’m losing again

From Sundown, by Gordon Lightfoot

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Hmm. Your ideas are intriguing to me and I wish to subscribe to your newsletter.