The short-short summary is: (1) it discourages investment; (2) it makes debt harder to bear; (3) it can lead to mass unemployment. If the Republicans do what they say they're going to do, a slam into depression is possible.
I wonder if the people already impoverished by 30 years of neo-liberal economics will, reject the leadership of the Trump administration, or if instead they will double down, and blame the (Jewish, Muslim, African-American) bankers.
1 comment:
Ran out of NYT freebies. Damn
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