The 2017 tax cut was another terrible idea by the Repubs and Trump. When the economy is doing well, taxes should be used to repair, improve and create new projects for infrastructure. Instead, companies were given massive tax breaks which they spent on stock buy backs. Trump insisted that the interest rates had to remain artificially low, so companies borrowed even more to buy back even more stock. This made the stock market look great, but this caused an unstable condition for the economy. Tax cuts and cutting interest rates should be saved for emergencies like we have now; those tools have already been used up.
Concretionist over 3 years ago
It is really sad that the US is handicapped with such an incredibly bad “leader” in this terrifically difficult time.
Radish the wordsmith over 3 years ago
Ha ha, its funny because we will die if we don’t change our ways and conservatives not only will not budge, they make things 10 times worse, ha ha!!
sevaar777 over 3 years ago
Billionaires are counting on you to come in and sacrifice yourselves.
mourdac Premium Member over 3 years ago
Preparations need to be made now for looming food shortages later this summer. Don’t wait until they occur.
Michael G. over 3 years ago
Instead of taking a holiday, Death is working overtime.
Radish the wordsmith over 3 years ago
‘This is crazy’: Meat processing plant workers reject Trump’s demand that they return to work
https://www.rawstory.com/2020/04/this-is-crazy-meat-processing-plant-workers-reject-trumps-demand-that-they-return-to-work/
Nantucket Premium Member over 3 years ago
The 2017 tax cut was another terrible idea by the Repubs and Trump. When the economy is doing well, taxes should be used to repair, improve and create new projects for infrastructure. Instead, companies were given massive tax breaks which they spent on stock buy backs. Trump insisted that the interest rates had to remain artificially low, so companies borrowed even more to buy back even more stock. This made the stock market look great, but this caused an unstable condition for the economy. Tax cuts and cutting interest rates should be saved for emergencies like we have now; those tools have already been used up.
pamela welch Premium Member over 3 years ago
This is exactly right Maarten; either way, the world is screwed – and we can’t even get kissed beforehand!