Considering we’re still waiting for the growth from the Bush tax cuts to set in… probably still waiting for the growth from the Reagan tax cuts, we have a long time to wait until Trump’s have their impact.
“The economy now has hit 3 percent. Nobody thought we’d be anywhere close. I think we can go to 4, 5, and maybe even 6 percent.” - Donald Trump, Dec. 16, 2017
How many times will Republicans go to the “trickle down” well?
If this keeps going Trump won’t have the tax cuts to run on. He will look foolish.
3.5% was predicted to take a big bite out of the $1.5T cost of the tax cuts.
Based on this lastest data I don’t think there is a snow balls chance in hell that is going to happen.
Here we go again with the “great economy.” It might work for some people, but those on a fixed income or low income, not so well. Groceries, utilities, insurance, housing, gas, and goods in general are UP and really don’t see any of those categories going down too soon.
And THIS lib already lost big bucks during the last recession, so NO, I don’t want to see the economy collapse.