Voodoo Economics Revisited
There is no sign yet that either the Democrats or the Republicans are ready for an adult conversation about fiscal consolidation in the US. Both parties’ leaders will get there – but only when dragged, kicking and screaming, by the financial markets.
https://prosyn.org/UrzHWbA
WASHINGTON, DC – Democratic and Republican leaders in Washington are suddenly falling over themselves to agree on the need for major tax cuts – affecting not just middle-class Americans, but also very rich people (both living and when they die). Does this sudden outbreak of the long-desired bipartisan consensus indicate that a new, stronger America is just around the corner?