Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

The tax cuts are being negated by inflation.


6 posted on 04/11/2018 6:57:48 AM PDT by amihow
[ Post Reply | Private Reply | To 1 | View Replies ]


To: amihow
The tax cuts are being negated by inflation.

Anyone who did not see that coming is blind.

Under Obama we had very little growth, the great recession. Due to high taxes, onerous regulation and a terrible business climate. Obama's solution was "quantitative easing" creating money out of nowhere and spending it on his favorite "projects" mostly welfare.

This is very inflationary and the only reason inflation did not take off was the poor economy.

President Trump has unleashed the economy, which has roared back to life, and we are going to have to live with the pent up inflation of Obama's folly.

I have been saying this for at least 2 years. It is nothing by classic economics.

Put all of your money into hard assets and prosper. Keep it in cash, and bonds and watch it shrink in real value.

8 posted on 04/11/2018 7:39:46 AM PDT by CurlyDave
[ Post Reply | Private Reply | To 6 | View Replies ]

To: amihow

agreed


10 posted on 04/11/2018 8:07:38 AM PDT by b4me (God Bless the USA)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson