Comments by "Charles Brightman" (@charlesbrightman4237) on "Trump Springs Surprise 10% Middle-Income Tax Cut" video.
-
So, let's see:
a. Trump gives America another tax cut. And who doesn't want to pay less taxes and have more money to spend for themselves?
b. Government spending would have to decrease, and/or national debt increased, and/or the economy grows enough to cover the tax cut.
c. But, since these tax cuts aren't phased in slowly over time, they create a larger influx of money into the economy, thereby potentially triggering inflation. Of which, inflation takes a bite out of the buying power that all citizens and business might have to deal with, not just those receiving the tax cut.
d. The FED steps in and raises interest rates to help keep inflation in check. Of which, many if not most of citizens and businesses have either charge cards and/or loans of some sort. So now, those entities potentially have their money not go as far as before, even for those who didn't receive the tax cut. But some, even though they received a tax cut, potentially get a double whammy of higher costs to buy goods and services and higher costs to borrow money. And for those who didn't receive the tax cut, (the rich and poor in this case since this tax cut is targeted at the middle class), get screwed over. They didn't get a tax cut, but yet are still potentially stuck with higher costs due to inflation as well potentially higher costs due to it costing more money to borrow money. Now for the rich, they would most probably be able to absorb those costs, for the poor, not so much. The poor really get screwed over big time, of which they might need more government assistance, of which costs tax payer's more money.
e. Why exactly do we have an idiot in charge of this nation?
f. By putting money in at the lower end of the economy, in other words helping the poor financially, the poor for the most part spend that money in the economy, of which that money then gets re-spent possibly over and over again in a multiplier effect. The money still winds up going to the wealthy, but the poor are helped along the way, and we have a better nation as far as the poor not living and dying in the streets.
g. But, with tax cuts like this, this nation doesn't really need more tax cuts. It's even like the tariffs. Helps certain industries while negatively impacting other industries.
h. No wonder I guess why Trump had so many bankruptcies.
9
-
2
-
@michelwillems50 It's going to get a lot worse too if my information is correct.
1. More and more cosmic radiation going to be impacting this Earth this century:
a. Earth's magnetic field is currently projected to be at it's weakest around 2035, just 17 years from now.
b. The Sun is going into grand solar minimum, currently projected to be at it's lowest around 2075 - 2080.
c. Our solar system is supposedly moving into an area of the galaxy without a 'dust cloud' protection.
d. U/V C has already been reported as being seen on the surface of this Earth, of which it is normally not supposed to be seen on the surface. U/V C I believe is what hospitals utilize to sterilize equipment.
e. Of course also, extra cosmic radiation energy could also trigger the next jump in evolution, of which what species comes into existence next? Will they want to kill and eat us?
2. The Earth's magnetic field is also moving, even lately speeding up in doing so. Many species utilize the Earth's magnetic field for navigation. Some species will be where they weren't before. If they can survive, they might survive. If they can't, they probably won't.
3. The ocean levels are also rising.
a. More coastal flooding, especially during big storms.
b. Different forces being put on the tectonic plates, especially during tidal changes.
c. Of which could trigger earthquakes and possibly tsunamis.
d. Energy moving through the Earth could also trigger volcanoes to go off, especially the super volcano Yellowstone, of which depending upon whom one talks to is either due to go off or overdue to go off.
e. Extra particles in the atmosphere would also have moisture adhere to those particles thereby creating more clouds. Initially, those clouds might act like a blanket upon the surface of the Earth, warming it up. Doing so though would have more ice caps, glaciers, etc melt, of which rises the ocean levels even more and all that will bring, plus change the salinity of the ocean water, plus possibly change currents, and thereby also affect the weather. More water evaporates means possibly more clouds form.
f. As more clouds form, possibly a point is reached whereby more energy either gets absorbed by or reflected by the clouds, thereby having a cooling effect upon the surface of the Earth, potentially triggering at least a mini-ice-age.
4. And there is more, a lot more, including satellites either outright failing or at least prematurely failing, and all that would bring, plus where ever they might fall if they don't get all burned up on descent. Plus electrical grids, electronics, etc, being affected for aircraft and on the surface. Crop failures, mass migrations, geo-political turmoil, etc.
But basically, the global economy is going to be occurring with this backdrop of potentially the 6th mass extinction event occurring this century. If my analysis is correct anyway, of which, I try to get my information from sources that I trust.
Nature is our greatest ally in so far as Nature gives us life and a place to live it, AND Nature is also our greatest enemy that is going to take it all away. (OSICA)
1