Sorry, but no. This thing is likely to blow up the national debt. We used to be the party of fiscal responsibility while the Rats loved to tax and spend. Now we have become the party of borrow and spend. I for one am not prepared to assume anymore debt on behalf of our kids and grandchildren. Enough. No more debt. Not one cent.
The debt train has long left the station. Neither Party is capable of reducing it. It’s just robbing the corpse at this point. We’ll hit $30 trillion in my lifetime, and it will keep going up until the collapse. All Empires fall.
I’m not as sure as you are. Though I’m going to give them at least the benefit here. If Trump does reform of Welfare, SNAP, and all the easy fluff, that’s big savings. But if this is nothing but a corporate give me, it will be very hard to quantify. Though look at the growth, if CBO used a projection based on the current growth we are seeing it would be a net positive on its own. I believe they are using a 2% we are likely to see double that in at least the first 2 years while corporations adjust bring back investment capital, and start building. I know I’m waiting for a special one-time dividend from Apple, and if it’s where I am projecting it, that could mean I’m willing to build a new home with it and take the hit now while taxes will be lower, that’s a lot of workers building.
Who knows, but I know it’s not as bad as one side is saying, and it’s not as good as the other... but I’d be happy right in the middle! :)
Tax cuts don’t add a penny to the debt. Spending does. Tax cuts simply keep money in the hands of Americans who earned it. Tax cuts are about freedom.