Category: Taxes and Economics

Trump’s beginning of the end

Trump and his cult are aiming to add another bankruptcy to Trump’s score of five. This time the U.S. federal government. While other aspects of his economic irresponsibility get the media’s attention like starting trade wars, the deficit balloons to…

The road to recession

The so called Republican tax cut will point us to recession and not the growth they are promising. By capping the mortgage interest and property tax deductions on homes, it will dampen higher prices in areas with higher local taxes.…

Trump: the golden wrecking ball

Sarah Palin once lovingly called Trump “the Golden Wrecking Ball”. He is on his way to being that to the country.  Trump and his mob want to give the better off Americans “the biggest tax cut in American history”. Free…

Trump, the job creator?

When economic times are good, the President claims and  gets credit from a majority of the voters. When the economy is bad, the voters take it out on the President. The credit or punishment a President gets may be undeserved either way.…

Trump’s economic fantasy world

The nonpartisan Congressional Budget Office just shot down Trump’s budget. It is overly optimistic about growth rate in the future.  In the economy, we have: government spending, consumer spending investment spending. About 30-40% of government spending comes from money largely…

Trump losing to China

In spite of all his hot air about bringing jobs back to the U.S., the bottom line is Trump is a loser. He and those who voted for him never understood the problem. “Free Market” Capitalism loves only gold. Details…

Trump’s budget gets worse than “F”

Nobel Prize winning economist, former World Bank economist and former Chairman of the Council of Economic Advisors, Joseph Stiglitz reviewed Trump’s budget and gave it a “collection of lies put together” grade. That’s worse than “F”. It pulls down Trump’s average…

The art of the deal?

Trump’s budget is already being pronounced dead. Some deal maker Trump is.  Trump wants to eliminate poverty. Take away food stamps to starve the poor. Then give them no healthcare. Let them die. 

What Donald’s tax forms tell us

The recent publicizing of Donald Trump’s 1995 tax returns uncovers a few facts about Donald Trump: He is not a successful business man. Losing almost a billion dollars can hardly be considered success. He is a wheeler dealer not someone…

Trump’s economic threat

Trump has improved his unrealistic economic plan with a new one that is still unrealistic. According to a recent study by the Committee for a Responsible Federal Budget, his plan would increase the national debt by $5.3 trillion dollars over ten…