Tuesday, May 1, 2018

Oh yeah - about that stupid tax cut


Paul Krugman, the New York Times eminent liberal economist columnist, wrote this:

How's that tax cut working out?


This op-ed column contains this:
"The effects of the Trump tax cut are already looking like the effects of the Brownback tax cut in Kansas, the Bush tax cut and every other much-hyped tax cut of the past three decades: big talk, big promises, but no results aside from a swollen budget deficit. You might think that the G.O.P. would eventually learn something from this experience, realize that tax cuts aren’t magical, and come up with some different ideas."
Now, how many of us aware of prior events (like the kalamity in Kansas and the ordure in Oklahoma), knew that this was going to happen?  A lot of us did.

But that doesn't make it feel better.


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