Tag Archives: consumer demand

Keynesian Without Cause

I’m in one of my wheelhouses (fiscal policy and economics) again today. I want to discuss the subterfuge and contradiction of the Trump Tower Tax Cut. Let’s explore. Continue reading Keynesian Without Cause

A Taxing Year’s End

We are nearing the end of 2017. This week Americans will celebrate Thanksgiving. I intend to adhere to my normal policy of not doing my version of “live blogging” at the end of December.  That doesn’t mean politics will stop. In fact I think one of the key topics will be taxes. Let’s explore. Continue reading A Taxing Year’s End

The Corporate Tax Cut

After a huge tax cut for the wealthiest veiled as Trumpcare failed again in late September the Republicans, aided by President Trump, immediately shifted their focus to what they call tax reform. Both were smokescreens for a tax cut. Trumpcare had little to do with health care and despite rhetoric to the contrary, Trump’s tax reform proposal has little to do with benefiting the middle class and everything to do with providing a return on investment to Republican financiers. Today I’d like to focus on just one of many fallacies in the “package”. Let’s explore. Continue reading The Corporate Tax Cut

Labor Getting Trumped

Today is Labor Day. It is a very special day for pro-union progressives like me. I am retired (except for my writing which to date I have never accepted monetary compensation for) and know what it is like to work for a paycheck. What that paycheck represented to me was disposable income with which I financed my lifestyle. Two factors: earnings and taxes determined what my net pay was. One of President Trump’s big agenda items is what he calls tax reform. Let’s explore what that really means to Joe Lunchbucket.   Continue reading Labor Getting Trumped

Short Term Victory; Long Term Defeat

I was watching MSNBC last Tuesday evening. That’s no major revelation nor is it anything unusual. What was unusual was the hype the network gave to The Rachel Maddow Show that evening. Perhaps with the benefit of hindsight I understand what really happened a bit better. Let’s explore.   Continue reading Short Term Victory; Long Term Defeat