$50Billion IS NOTHING LOL! Contrived globalist Free Traitor™ SCARE TACTICS.
The Paul Ryan tax cut was 1.5 trillion over a decade.
That’s 150 billion a year.
The TrumpTariffs tax increase last week was $50 billion a year, or 1/3 the size of the prior tax cut. That’s added to about 20 billion in annual tariffs on other Chinese goods and on steel and aluminum, not to mention the threatened tax hikes on automobiles that are due to be decided THIS WEEK, by the taxer in chief.
So, it’s getting close to half the size of the big tax cut in tax hikes. The market is responding rationally and has not finished pricing in the depressive economic effects of this.