"Red Ink: Are President Trump's massive tax cuts what's driving federal deficits upward.
Everyone says so. But, it's not true.
It's just a way for lawmakers to distract the public while they crank up the spending machine.
Just like the Senate did this week.
Earlier this week, Trump's top economic advisor, Larry Kudlow, gave a talk at the Economic Club of New York in which he said that tax cuts aren't to blame for deficits.
"People are quick to blame deficits on tax cuts, but I don't buy that," he said.
"The gap is principally spending too much."
You could almost hear the jaws dropping among the Washington pundits and budget "experts."
How could Kudlow make such a ludicrous claim?..."
Read all.
No comments:
Post a Comment