WARNING: Lex is not an economist. I maxed out my economics education at Econ 101
at The OSU – and didn’t do all that well in that primmer. That said my
understanding is that there is NOT a limited supply of money available in an
economy. It’s not like the Monopoly
board game. The game comes with a set
supply of money and that all there is.
That being the case, the players in a
real economy are trading the same dollars.
Because the money supply is not a permanent set, I do not get all upset
when a rich guy makes money selling dirty jeans for $800 a pair. If I don’t buy a pair, I’ve contributed
nothing to the rich guy’s success.
That’s also why taxes are so infuriating. The government confiscates your money whether
you want to participate or not. That’s also why the value added tax is so
intriguing. You participate in paying taxes
only when and to the degree that chose to participate in the economy.
Chuckles the weeping clown Schumer
says that Republicans will rue the day they passed “tax cuts for the rich.” If early returns are any indication, Chuckles
and the Dopes (Sung to the tune of Benny and the Jets) are going to be left
high and dry when the economy, already doing well, really begins to take off.
In 2018, when the economy is roaring,
every Republican can remind voters that not one Dope supported giving middleclass
Joe a tax break because doing so would put an extra dollar in the Griffin’s and
AF Bro’s pocket as well.
I do not see the Dope position that punishes
Lex in order to punish his neighbor as a winning argument for the Dopes. Here
how that argument goes: “Yeah, sure we screwed you, but in the process we also
screwed your neighbor who is better off than you and much more able to survive
the screw job we administered to both of you.
So yeah, you’re screwed, but so is your rich neighbor. So, you’re welcome.”
How is that a better argument than, “As
a result of tax reform, everyone is going to have more money.”
The tax bill seems to already be
working for the little guys like Lex. Several
companies, AT&T, Wells Fargo, FedEX, Comcast, Boeing etc. have already announced
pay raises, bonuses and capital investments due to the passage of the tax bill.
If that happened on day one, where will we be in 6 months?
But wait there’s more. If you pass tax reform now, we’ll throw in a repeal
of the Robertscare mandate. But wait
there’s even more. Act immediately and
we’ll open ANWR for energy exploration.
Both of these acts will have their own simulative affect.
Next year Dopes are sure to support
an infrastructure bill that will pour hundreds of billions more dollars into the
economy. Is there anyway the economy
does not reach 4% growth? And guess what
Chuckles. When the economy grows, so
does the tax base and – sadly- tax revenues.
But don’t expect the Caligula, D.C. uin-party ruling class azzclowns to do anything responsible – like pay
down the debt - with the windfall.
So we have tax reform, ISIS is on the
run, we’re energy exporters, the economy is roaring, the markets are on, what,
the 100th record day, the wall is coming, Jerusalem is the Capital
Of Israel, The Empty Suit’s regulations are falling like Shrillda the Hutt’s
popularity, Gorsuch sits on the Supreme Court, #NEVERTRUMPERS are wiping the egg
off their faces…again, Dopes and the Left in general remain in fit of perpetual
rage etc.
Dare I say it? I think we’re winning too much. But I'm not an economist.
Meanwhile, Special needs Council the
crooked and incompetent Boob Muller continues his yearlong search for his
office while his BS team of partisans looks under every rock for something.
What? They don’t know. But they will recognize it when they see it.
1 comment:
Trump and a guy named Mick. Mick is a big Irish guy. Loud, not pc, pisses off half of everyone he meets, and was on our bowling team. At times I wanted to hide under the scorers table after a Mick tirade on some perceived unfair and unmakable split. Usually in game three of league night and after Mick had about 12 beers he did his best bowling.Therefore my team mates and I fed Mick as many beers to him as quickly as possible. We won the Arlington Mens League 5 times and each time we bowled in the championship game we left work early to get Mick well oiled. Some people hated him. We loved the guy.He was on our team. Go Trump!
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