Wednesday, December 23, 2015

Republican Communist Party watch

Business Insider: Donald Trump’s tax-cut plan could add as much as $24.5 trillion to the national debt over the coming 20 years unless it is accompanied by steep cuts in spending and entitlement programs, a new analysis finds.
The paper published by the Tax Policy Center, a joint venture by the Urban Institute and Brookings Institution, provides a sobering reminder that many of the generous tax cut plans being floated by Trump, former Florida Gov. Jeb Bush and other candidates carry enormous long-term price tags. Some of them, if adopted, would spark a renewal of the long-term debt crisis and could undermine the very economic recovery that GOP and Democratic presidential candidates alike are promising.

We are getting Bernanke's drunken helicopter pilots, no matter what.

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